Bitcoin CasH get more attention this week...!!!steemCreated with Sketch.

in #crypto9 years ago (edited)

Bitcoin vat as Traders opt out and fled into BCH...!!!

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Bitcoin spiked as low as $5600 today in early trading as the quick and deep correction that we have been anticipating in the coin arrived. This time around altcoins were mostly left out form the crash, with Bitcoin Cash being in the center of the action. The forked coin briefly surged past Ethereum in market capitalization as the tectonic shift away from its Big Brother fueled an unprecedented speculative rally in BCH, pushing its value above the $30 billion mark.

While the real value of Bitcoin Cash is questionable, the correction in BTC was baked in the cake, and the current trading-theme of BCH could evaporate quickly as selling dries out in Bitcoin. That said, the most valuable coin reached a severely overbought state and more downside is likely for it in the coming week. With that in mind, altcoins still look like a safer bet, even after the mess move in several of the major coins

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Below are some of my previous post/blogs

https://steemit.com/crypto/@leyebiz/reasons-behind-bch-rise

https://steemit.com/crypto/@leyebiz/ico-analysis-on-vezt-crypto-artist-connect-music

https://steemit.com/crypto/@leyebiz/good-signs-to-hold-some-bch-bitcoincash

https://steemit.com/crypto/@leyebiz/should-i-buy-some-neo-crypto-read

https://steemit.com/bitcoin/@leyebiz/multibit-classic-wallet-bugs-on-accessing

https://steemit.com/life/@leyebiz/nature-is-the-art-of-god

https://steemit.com/crypto/@leyebiz/miner-s-mining-and-trader-s-trading-altcoins-basic-1

https://steemit.com/crypto/@leyebiz/china-struggles-to-destroy-bitcoin-but-currency-flourish

https://steemit.com/life/@leyebiz/not-every-unfriendly-dangerous-people-are-cruel

https://steemit.com/eagle/@leyebiz/7-leadership-principles-learnt-from-an-eagle-s-life

https://steemit.com/crypto/@leyebiz/cloakcoin-at-0-19usd-per-unit-6-month-wayback

https://steemit.com/life/@leyebiz/brave-heart-like-that-of-a-lion

https://steemit.com/life/@leyebiz/the-co-founder-of-apple-and-his-last-inspirational-speech

https://steemit.com/crypto/@leyebiz/about-html5coin-and-20th-of-november-2017

https://steemit.com/nature/@leyebiz/you-want-to-make-a-difference-you-should-read

https://steemit.com/life/@leyebiz/16-fact-why-the-creative-one-leads

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@ocd-resteem
#ocd-resteem

Source - https://hacked.com/5-things-watch-next-week-saudi-arabia-iran-bitcoin-correction-stocks-left-behind-junk-bonds-dollar-rally/

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