BCHBTC deeper correction ahead (bearish crab)

28 thg 12, 2017

I've been hoping for BCH to make a stand while BTCUSD is decidedly bearish & heading for 9k if not lower. Today, we see that BCH has broken the channel (see linked post). There's a high chance that it'll fall deeper against BTC.

I still expect a small pump tomorrow. But I don't think this will make a difference. The shills for BTC have successfully convinced that market that BCH is just another fork.

It's looking very bearish now.

29 thg 12, 2017

Ghi chú

Yesterday instead of selling all I shorted BTC to hedge => what a dumb idea! Should've shorted bch and bought btc -> that'd be a better hedge (but both are going down).

4 thg 1, 2018

Ghi chú

Looks to be on track. 0.1 BTC a real possibility.

5 thg 1, 2018

Ghi chú

Was a good decision to sell my bch. Hallelujah.

While it's better than bitcoin, it's not better than the dozen cheaper alternatives.