Bitcoin (BTC) Evening Update: The White Support Line Needs to Hold
SUMMARY
Here is Bitcoin's hourly chart. Simply put, the lower white support needs to hold. Price needs to bounce off that and if it wants a small bullish wick, fine, but it needs to bounce off that support and move back up. This is the time to be very cautious! Stops need to be in place. IF price takes a dump and sky dives down, be on the alert. The video has more details.
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Well.....we now know the fundamental reason for the big up and down. Hark fork already happened, and I imagine anyone waiting for tomorrow already missed it.
@scarlet7 can you explain a little further when you say the Hard Fork already happened ? I assume you mean Bitcoin Gold ? when did it fork ? or do you refer to the premined coins ? thanks
It forked last night at about 8pm cst, at block 491407. It was 2 days ahead of schedule, no doubt due to miners speeding it up. If you were wondering why everyone sold off all the sudden, here's why....
Well shit, some asshole flagged me so I cant post pictures
Please upvote me to help me reach level 10 again.
Here's the picture link on imgur: https://imgur.com/xu2BxzX
Agree. I don't see Bitcoin Gold listed on Bittrex or anything on Cryptocompare. BTG site is down (403 error). I can see some pre launch over coinmarketcap estimating price around 400USD...
Bitfinex already has all of them listed: BG2 (Bitcoin Gold) = $134
Those are not the forks. Check the announcements. Those are called CTS and are a special kind of ticker
As I understood, all forks have happened 8 hours ago.
https://steemit.com/bitcoin/@scorer/what-is-bitcoin-gold-btg-hard-fork
The block depth for Bitcoin Gold fork was reached. That's all we know... oh... and BitGem is trading on Cryptopia with the BTG ticker. I think Bitcoin Gold was not ready for that block to be mined "so soon". In any case, that blocks snapshot would be used, which I think is the point @scarlet7 was trying to make.
hey haejin hyung the video doesnt work!!
hope your well!!
checked. doesnt work. hoping this works soon. Thanks !
Hi dear friend! thanks for the video
all altcoins you buy for dollars. these altcoins on bittrex is not sold for dollars.
here's a question. I can buy altcoins for bitcoins? or it will be bad?
It does not matter how you buy them. What matters is what altcoin you buy and what you expect from this altcoin.
Hi Haejin, video doesnt work.
Great post thank u for sharing love it
Hi Haejin, i have a question for you. Will you also sell all of your Bitshares when Bitcoin crashes to sub $500?
BTS could go inverse to Bitcoin if BTC crash is due to regulation or government intervention. If so, no.
From now to mid Nov, I'm still expecting BTC to hit $7,200 or higher. This will give time for the Altcoins to rise.
but first a drop to the lower 5000's, right?
Thank you for your clarification.
Wow!! Great post!! Keep posting such posts good luck!
Wow!! Great post!! Keep posting such posts good luck!
PLEASE MAKE AN ANALYSIS OF MYSTERIUM(MYST) !!! Seems like a Cup&Handle and is about to explode ?!? Would like to hear your opinion
Can you give your thoughts on ETH and XLM please.