BTC - Next objective : Test the resistance line
Hello all,
After the "Head Fake" that we had yesterday, the market is making a nice recovery UP :
We should now have the objective to test the resistance line in orange around 6000$. Don't forget that we are approaching to the end of the triangle and that we will have big events soon on the Bitcoin. The 25th of this month, the picture of the blockchain will be taken to be used to create the Bitcoin Gold blockchain.
So after the 25th, people don't need any more to keep their Bitcoin to receive these free coins. So we should have big movements on the market around that date. The logic would say it will be a big drop but sometimes, market likes to don't do the logic so stay careful.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] BTC - Prochain Objectif : Tester la ligne de résistance
its not just the gold HF. With the segwit2x HF just around the corner, are people going to dump btc and then rebuy
Good question my friend but yeah your question is a different time frame, I expect already a big move after the Bitcoin Gold
I 95% agree ^^
Hehe I hope one day I will reach 100%
wish you luck!
I have study your Analise correct now it recover up
Let see what it turns out to be after this Hard Fork. What is your take on Bit coin Gold?
If Bitcoin Gold are listed, I will sell them immediatly.
However I didn't buy any BTC just for thse coin but yeah I gave BTC for the long term.
the resistance has been broken before and it could happen again, with bitcoin gold coming into play more players will be brought in in the decentralised chain to help mine it, this may trigger a buy up of more BTC thus pushing past the resistance, Bitcoin is looking good for the future, hopping bitcoin gold algorithm will allow ease use of cpu than those expensive GPU.
I don't think Bitcoin Gold will be really an important altcoin but ok let's wish it, it will make us more money
Thanks for the info re:25th, wasn't aware of this, going to try and get back in before then around the next minor correct.
Your analysis looks good too, it's currently breaking though resistance levels as I type. New all-time high by tomorrow looks about right.
It's a nice volatile bullish prediction you got there :)
Keep up the good work.
Thank you very much
thanks so much for this info.
Nice analysis
thanks for the info. keep it up
What about Segwit2x fork?
Segwit2x fork is later end for year?
This analysis is finishing end of the triangle so beginning of november.
I will update you later regarding Segwit2x fork