carlosdelagarza

Cup & handle on BTC

carlosdelagarza Mis à jour   
BITFINEX:BTCUSD   Bitcoin
Cup & Handle forming on BTC, confirmation it's when price breakout red line.

If pattern fails, price could drop to 2400-2500 zone (or even more).

Fundamentally inverstors should not fear 1st August for 5 reasons:

Exchanges prepared: Via BTC others fork off Bitcoin as it happens with open source projects.

Mandatory replay protection: Bitcoin Holders will be able to receive Bitcoin Cash after the fork.

Just another altcoin: Exchanges (Coinbase, Bitmex) consider Bitcoin Cash as an altcoin.

Segwit: Bitcoin is mantaining it's upward trend with SegWit activation in sight.

Perspective: In the long, the fork won't affect Bitcoin.

Note: Trade at your own risk, this is an especulation.




Transaction en cours
Commentaire:
Price trying to break his last resisteance 2870
Commentaire:
MOON!

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