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RE: Good morning traders! Overnight and upcoming news, morning charts
Regarding the Bitcoin chart, I think something we have to keep in mind (as @jeffberwick just mentioned in a recent interview), is that Bitcoin, IF you take into account the price of Bitcoin Cash TOGETHER with the original Bitcoin, is actually trading at a new, all-time high.
At the time I'm writing this, Bitcoin is at $2700, and Bitcoin Cash is $448... so that's a roughly $3,150 total value for most holders :D
Good point, but thats a one-time thing as this wont be happening often, so everybody still has to plan trades one instrument at a time
True, but at this point at least all of us pre-Bitcoin fork holders have a nice, net gain in the meantime!
Do you think one version will replace the other? I actually just posted on this a few minutes ago if you want to take a look ;) https://steemit.com/bitcoin/@jobsande/bitcoin-hits-all-time-high
not really sure mate, im seriously bad at forecasting, i just trade levels ;)
Fair enough, in that case I'm sure you're enjoying the big Bitcoin cash swings :)