Long
Possible cup and handle on the daily
Possible cup and handle on the daily. Comparing Bitcoin Cash ABC's market cap (3 billion) and BSV (1.7 billion) it wouldn't be a stretch to assume the gap will close in. BCH's market cap and volume is decreasing, and SV is increasing steadily. I think a confirmed break under 3 billion for BCH and continued rise for BSV will make this a very good option in the near short term.
Any opinions? Feel free to comment, this is an open discussion.
Any opinions? Feel free to comment, this is an open discussion.
Note
As expected the gap closed in and BCHSV is 30%+ in a red market.With all the recent bad news and controversies with BCHABC this should not come as a huge surprise for people.
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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.