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Bitcoin Cash (BCHN) / Bitcoin
Long
Updated

2019: THE YEAR OF BITCOIN CASH pt. 2

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My technical view of whats going on with BCHBTC . Chart is pretty self-explanatory. Let me know if you have thoughts.

Best of luck
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Elliott*
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**Copied from pt. 1

Bitcoin Cash to gain 15%-20% total market dominance in 2019. 

Comparing Ripple 2013-2015 to BCH 2017-2019: 
2013: Ripple created 
2014: Ripple 2% dominance: ibb.co/vx8wpb0 
2015: Ripple EXPLODES to 15%-20% dominance: ibb.co/PZpcg3x 

2017: Bitcoin cash created 
2018: Bitcoin Cash 2% dominance: ibb.co/dQF0qbJ 
2019:  Bitcoin Cash EXPLODES to 15%-20% dominance: TBA 
____________________ 
Bitcoin = digital gold
Bitcoin Cash = everyday transactions 

Bitcoin supply = 21mm 
Bitcoin Cash supply = 21mm 

Bitcoin consensus = SHA-256 
Bitcoin Cash onsensus = SHA-256 

Bitcoin Cash Average transaction fee: $0.07 USD
Average confirmation time: ~15 minutes (targets 10 minutes)
Transactions reversible?: No. Once a transaction is sent, it is final.

Bitcoin on 71% sale from ATH
Bitcoin cash on 93% sale from ATH
____________________ 
Benefits of Bitcoin Cash: no fee (very small) and can scale. 
Bitcoin cash end goal: 50 transactions a day for 10 billion humans. 
December 2018 Earth population: 7.5B approx. 
____________________ 
If the crypto market cap remains at $173B for the rest of 2019, BCH will see a 26B - $35B market cap and hold 15% -20% total crypto market domination.

Bitcoin Cash Hard Fork May 15, 2019. No Knew tokens issued. This is an upgrade to the current BCH network introducing an optional new way to sign your BCH transactions called Schnorr signatures.

2nd Bitcoin Cash upgrade coming November 2019

 "Schnorr Signatures Await Bitcoin Cash as the Next Upgrade Draws Near" news.bitcoin.com/schnorr-signatu...
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Links ^ that didn't work from the copy + paste
ibb.co/vx8wpb0
ibb.co/PZpcg3x
ibb.co/dQF0qbJ
news.bitcoin.com/schnorr-signatures-await-bitcoin-cash-as-the-next-fork-draws-near/
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2019: THE YEAR OF BITCOIN CASH pt. 1:
2019: THE YEAR OF BITCOIN CASH
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BCH lagging BTC as its done historically. 5%-10% left in BTC, 140%+ in BCH. BCH time
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BCH lagging BTC by 2 levels + snapshot
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BCH to well outperform BTC
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THE KING ALWAYS MOVES FIRST
BCHUSD BREAKOUT
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THE KING WANTS $7.4k
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TOTAL MARKET CAP RUNS THROUGH TARGET 1 $180B, HEADING FOR TARGET 2 $200B
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Total Market Cap will rocket to $220B - $240B
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i need to sleep. BTC should move first to 7.2k-7.4k. BCH will follow close behind +140% upside.
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BCHUSD bullish weekly slow stoch cross
BCHUSD weekly RSI 55
3 Days until Schnoor Signatures
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BCHUSD next stop: $500+
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news.bitcoin.com/bitcoin-cash-protocol-successfully-upgrades-schnorr-signatures-are-here/

Schnoor Signatures!
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Quick update on where BCHUSD is and where it's heading.
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Full view.
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* blue parabolic curve is eye balled. A.K.A a rough estimate of the curve
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Same chart. More accurate parabolic curve. my parabolic curve is a rough estimate
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BCHUSD Short term wave target zoomed in. BCHUSD $500+ incoming.
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BCHBTC Weekly.
Bullish Slow Stoch
RSI 51
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BCHBTC Bullish Slow Stoch Cross*
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*copy from pt. 1 for personal use

All key BCHUSD levels going forward
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BTCUSD vs. BCHUSD UPDATE
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BCH vs. BTC YTD Payments (spending): ibb.co/zV3VtLX

BTC Payments Count YTD: 529.90586k
BCH Payments Count YTD: 82.89271k

BTC Payments Growth YTD: +166%
BCH Payments Growth YTD: +640%

both impressive.
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^ data from CoinMetrics: coinmetrics.io/charts/
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BCHUSD Update: BCHUSD following its parabolic curve and holding above Elliott Wave Target 1 (support). BCHUSD forming similar set up to April's +100% run.
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Binance leverage coming: ethereumworldnews.com/binance-hints-impending-margin-feature-boost-crypto-rally/

Institutions + banks + whales + margin. Crypto interest is at a global all time high meanwhile prices are at a low. massive amounts of fuel backing this rally. rally likely to extend.
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TOTAL Crypto market to push $300B. Target: $280B
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TOTAL crypto market cap to surge through $280+
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Full Picture of setup. Good luck all.
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Whole Foods + 30k new merchants now accept Bitcoin Cash
Malls across the US now accept Bitcoin Cash

Bitcoin Cash Partners with CryptoSpace
Bitcoin Cash + Cannabis Industry working on a solution for the entire sector
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BCHUSD about to rocket
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TOTAL crypto market cap to rip through $280B+
BCHUSD to rocket $500+ incoming
BCHBTC Bullish 12H KDJ cross BCHBTC popped +25% the last time it saw this cross
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Institutions + banks + whales + margin will fuel this rally
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Markets will FOMO
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TOTAL crypto market cap will push $300B. Target $280B+
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TOTAL crypto market cap BREAKOUT
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BTCUSD BREAKOUT
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BTCUSD NEW 2019 HIGH
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TOTAL crypto market cap NEW 2019 HIGH
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BCHUSD BREAKOUT
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BCHBTC bullish triangle
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May 27th, 2019 Bitcoin + Bitcoin Cash average fee update:

Bitcoin: $2.078
Bitcoin Cash: $0.0054
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^ source: bitinfocharts.com/comparison/transactionfees-btc-bch.html
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BCHBTC Eliott Wave targets + Bullish Triangle
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BTCUSD Update
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BCHUSD BREAKOUT
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BCHUSD identical setup to April's 100%+ surge: snapshot
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May 28th, 2019

BTC average fee: $4.311
BCH average fee: $0.008
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Bitcoin Cash Dominance BCH.D + TOTAL Crypto Market Cap Analysis:
Bitcoin Cash Dominance + Total Crypto Market Cap Analysis
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$BCHABCBTC Massive Elliott Wave Trade Set up: snapshot
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Cashscript is coming, bringing Ethereum-like smart contracts to Bitcoin Cash!
news.bitcoin.com/cashscript-is-coming-bringing-ethereum-like-smart-contracts-to-bitcoin-cash/
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Bitcoin retesting triangle. Give me all your coins
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TOTAL crypto market cap to push $300B.
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sorry my boxes were off on last post. TOTAL crypto market cap to push $300B.
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Breakout incoming.
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More structural evidence Bitcoin Cash surge is near:
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TRXUSDT Daily = $BCHABCBTC 5 minutes

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BCHBTC Breakout + Retest:
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Bitcoin Cash market cap:
At and above the 50 Week EMA
Elliott Wave Target 1: $7.2B
Elliott Wave Target 2: $9.1B
Elliott Wave Target 3: $12.4B
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Bitcoin Cash Market Cap Elliott Wave set up:
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BTC Market Cap Elliott Wave Targets:
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TOTAL2 crypto altcoin marketcap Elliott Wave Targets:
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BCHBTC breakout + retest:
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BCHBTC breakout + retest:
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$BCHABCBTC Go time: snapshot
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$BCHABCBTC UPDATE:
Feb - March ABC sideways pattern retraced 71.8%
May - June ABC sideways pattern has retraced 71.8%

We are still searching for a bottom and next move (surge) targets will slightly change depending on where we find the bottom.

As it stands right now (if no new low is hit):
T1: .065+
T2: .076+
T3: .092+

Best of luck.
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BCHBTC and $BCHABCBTC moving in 3s. this signals a trend reversal
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buying every dip
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BCHBTC UPDATE: ibb.co/xJXHct8
BCHUSD is climbing while BCHBTC is falling. The last time this happened, BCHBTC skyrocketed and touched the price line. If this happens again, BCHBTC is looking to hit .08-.09
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BCHBTC Elliott Wave: snapshot
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^ignore previous chart. similar target but wrong count. follow this. 1 Month BCHBTC elliott waves: snapshot
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BCHBTC Bittrex 100 week MA and 100 Week EMA show up today 06/24/2019
BCHBTC Bittrex 100 Week MA and 100 Week EMA = .09230662
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Bitcoin Cash Shows Phenomenal Growth in the First Two Quarters of 2019: news.bitcoin.com/bitcoin-cash-shows-phenomenal-growth-over-the-last-two-quarters-of-2019/
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Potential 18%-24% trade set up here: snapshot
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2019: THE YEAR OF BITCOIN CASH pt. 3:
2019: THE YEAR OF BITCOIN CASH pt. 3
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First U.S. government blockchain token to be backed by the Bitcoin Cash Network!
reddit.com/r/btc/comments/c7vshk/local_us_government_to_use_bitcoin_cash_slp_tokens/
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targeting new 2019 high. stop loss previous low
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BCHBTCBCHUSDBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitcoincashBTCUSDcoinbaseGEMINIschnorrsignaturesTrend AnalysisWave Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BCHBTCBCHUSDBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitcoincashBTCUSDcoinbaseGEMINIschnorrsignaturesTrend AnalysisWave Analysis
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Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.