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BCHBTC possible rounding bottom reversal
There's little doubt that BCH has been underperforming BTC. I personally have suffered financially by not selling my BCH to BTC when it was 0.5 or 0.2. It's been really disappointing, but the time to sell was before -> not a good idea to sell the bottom now.
There's a possibility that a rounding bottom is forming -> it's critical that BCHBTC doesn't fall under 0.12. Otherwise, it'll be time to run.
It is too early to say much more. I'll keep a close eye on it. There are two things that we should know:
1. There's another difficulty adjustment for BTC in less than 30 hours. There may be a pump of BCH.
2. Next Monday CBOE starts trading BTC derivatives. BTC is likely to remain bullish till Sunday. What happens afterwards is anybody's guess.
Check out my website:
jlteng.com/
There's a possibility that a rounding bottom is forming -> it's critical that BCHBTC doesn't fall under 0.12. Otherwise, it'll be time to run.
It is too early to say much more. I'll keep a close eye on it. There are two things that we should know:
1. There's another difficulty adjustment for BTC in less than 30 hours. There may be a pump of BCH.
2. Next Monday CBOE starts trading BTC derivatives. BTC is likely to remain bullish till Sunday. What happens afterwards is anybody's guess.
Check out my website:
jlteng.com/
注释
This idea is invalid nowI think my previous feeling was probably right
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