BitcoinCash - The dark horse in this race?
Updated
Meanwhile BTC is showing other coins who's da boss, BCH is gaining sick volume in South Korean exchanges. If this is contagious to other exchanges we might see really interesting race between BTC and BCH.
It might just bounce in lower trendline or even break below it, if volume starts to drop. Another option is that BCH goes parabolic. If that happens, no one knows what can happen.
I'm not BCH fanboy, but it sure have some better tech then BTC and is way more secured then SegWit2x with already bigger block size. Problem is that miners haven't adapted to BCH, but it is Chinese fork so who knows what might happen.
Feel free to comment and share ideas what will happen during this 2 week before SegWit2x fork will happen.
It might just bounce in lower trendline or even break below it, if volume starts to drop. Another option is that BCH goes parabolic. If that happens, no one knows what can happen.
I'm not BCH fanboy, but it sure have some better tech then BTC and is way more secured then SegWit2x with already bigger block size. Problem is that miners haven't adapted to BCH, but it is Chinese fork so who knows what might happen.
Feel free to comment and share ideas what will happen during this 2 week before SegWit2x fork will happen.
Note
Looking good this far. We didin't even correct to lower trendline. Lets hope, that Korean exchanges keep pumping BCH to Neptunus :)Note
Whean getting nearer to lower trendline we start to see some action again. IMO this mess with BTC&SegWit, will make BCH to look good. $700 won't be enough. Keep your eyes at $800.
Note
Touched upper trendline =)!Note
And we reach our $1200 goal! I find it risky to keep going even that bch is better then btc tech-wise. Couple reasons why to sell bch: this growth is not healthy enough to keep going like this and Coinbase is still holding their customers bch, so when they set those free the price of bch will surge to oblivion.
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