BCHBTC deeper correction ahead (bearish crab)

28 déc. 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 déc. 2017

Note

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 janv. 2018

Note

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

5 janv. 2018

Note

Was a good decision to sell my bch. Hallelujah.

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