Long

Bitshares Still Moving Upwards

Updated

Hello, Bitshares is moving upwards very slow the last 30 days compared to other crypto's, but as long as BTS is moving up its all good. BEOS is having an airdrop on all BTS holders that leave there BTS on the BEOS platform for 89 days starting on the 9th of April. Good new for BTS, current BTS holders will most likely take advantage of the airdrop meaning less BTS on exchanges for 89 days.

Lets see what happens.

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Over 70 million BTS moved into BEOS.
Today BTS is just moving sideways, I'm still long for now.

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Update: almost 100 million Bitshares so far moved to BEOS.

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With BTC going up last night Bitshares went down. With this new chart we can see the normal growth pattern so we are pretty much where we would be without the spike.

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If BTC does not spike up again we may see bitshares test the 1500 sats again. We do have a bullish divergence on the volume, looking very positive for Bitshares. But if BTC spikes up we could go down a bit more.

The BEOS has 200 million BTS staked almost more than Poloniex sell orders.

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Made a mistake: Poloniex has only 22 million BTS on sell orders.
With so much BTS off the market starting today, its surprising that Bitshares is not spiking.

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Wafflesnsyrup

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