BCH Fork War - BCHABC vs BCHSV vs the Sum of the Two

Just a follow-up to my "BCH fork action appended to pre-fork data," now that coinbase has finally started trading it again. No surprise to me that there was a big volume spike in BTC(and possibly/hopefully a long-term bottom) about a half hour before they finally tweeted their intentions to resume trading it soon(and give the BCH ticker to BCHABC). I believe the hashrate war had a huge impact on the entire cyrypto market, but I also believe it will be basically over with sooner than most people anticipate while BTC recovers a lot faster than most analysts are predicting.

My friend made a an interactive 15 min version:

Bình luận:

NOTE: I updated the fibonacci extension between the time he posted the chart and I posted my final version. Both should define significant support and resistance, but with the final version, the sum of the two is currently on top of the 1.27. On his version, it's currently on the 1.414.