BCH completely SNAPPED overnight - doubles again within 6 hours - 12.11.17
I have never seen anything like it besides pictures of the tulip mania. This was FOMO at it very best. This is what happens when everyone wants to get in at the same time, for not missing the rally.
BCH gained nearly 900% in 15 days after I recommended it at 320$. I am actually in shock right now.
Why? Because this extreme surge means that my targets for 2018 nearly double. Which means BCH will actually be number 1 in 2018, unless BTC doubles too.
And the volume was crazy! (161376 BTC *6350$ = 1,024,737,600$) ONLY on BITTREX whithin 24hours! The whole 24 hour volume in BCH was 10.9 Billion USD! Absolutely crazy....
The ongoing correction is expected to be huge, because of this extended 5th surge. So now the next days/weeks are the time to buy BCH. Let it come down, get in, and wait a few months. You will be amazed.
This will probably be the record inflow in one day for a long long time.
BCH has already done a 50% of wave 3 correction, but it is still not enough. I think we will at least see 62% (1240$) or even 78% (817$). The 78% extension level @923 is also a very likely target for black wave 4 to end.
This was the old count. "Old" from yesterday lol. Black wave 3 target was easily surpassed.
I will ladder in very soon, depending of how fast the correction continues, I will buy my first BCH postion in a few hours...
Hope this helps...
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Wow that is pretty crazy!
Tulip mania was over months and years not a few hours. That was complete madness the last 24 hours. More to come I expect as the bitcoin wars continue.
You guys should google bitcoin cash conspiracy. I don’t believe in his stuff. But a document was posted a while back. Everything has happened textbook style just like it said. This a planned destruction of BTC. Yes it has to correct for now but I don’t think this is over. We are looking at BCH to be around 3-4k minimum. This is billions of dollar poring in so correction is justified. But money like that was coming from miners. Like you said you have never seen anything like it. This is a planned take over. After a few days this will continue.
this wave 3 was amaizing...
thank for your analysis
img credz: pixabay.com
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