Im not sure what peeps expect from that hearing, since its not some final decision. But I strongly assume that crypto will either fomo or fud this baby till it squeals like a big... Its unlikely that we get the news or publications within the next couple hours.. I guess this will take a couple more hours until it starts spreading in crypto twitter bs world.
So with all chart analysis beign done, its possible that none of it matters..
I personally would stay out of speculating here.. though the bsv hatters will use the slitest impuls of bad news to drop it (lot of shorts pos on bsv). Personally I hope there is good news coming, otherwise the 600 around genesis looks unlikely.
In any case, I hope you dont use this as a reference for your trades! Its just an idea or judging a situation. I was almost everytime wrong in my publications, so please dont start your trades from here!
If you want to risk something, do it only with play money that you can handle loosing.
Im a little upset that bsv is being tight down to this kind of news and not for all of its good products and development. Just keep in mind that craig couldnt care less about traders and their not his prio 1. Make sure you consider for longterm.
If the price drops, it should drop harder then if it goes up (which still be a good increase). But if it drops to 180-220 thats definetly the price to consider geting skin in the game if you havent yet. With all there is coming, a good run up from there is highly possible this year.
Also a good advice I got from a friend: NSB (Never short BSV)
Ok thats it for now, happy loosing money (trading) and go get a real job :)
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.