Bitcoin Cash (BCH) is Not Doomed...it's Correcting!
SUMMARY
During corrections, a seasoned and experienced trader never gets fixated on the fear. This is a discipline that, once developed, goes far beyond recognition by others who lack it. This discipline allows moments of intense fear to become translated into a contrarian fluency. A disciplined trader knows he can choose to see the fear or an opportunity. The informed know precisely what this means and the uninformed can only react by throwing rocks toward it.
Bitcoin Cash (BCH) is not doomed, it's correcting. The extension of time and price into this correction is quite normal and should be expected in any altcoin. The blue wxyxz shows that the terminal end of this correction is approaching. Even BCH is following the leadership of Bitcoin and is not inversely correlated. If it was, BCH would be hitting all time new highs. The subwaves show that blue Z wave is itself more than 2/3 complete. The abc of blue Z is further broken down with the five subwaves of red c of blue z.
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I hope to wake up from this nightmare :(
... with a lot of money. 💰
Hey guys. This is my very first copy pasta and I am really nervous about pasting it because if it does not get copy pasta then I will have much embarrassment. I've have thinking about it for a couple of nights now, but here it is!.
The news will read "BCH climbs from $400 to $10000"...but the Technical Analysis knew about it all along...
In this bear market a game can be great to lighten the mood :) Come check out Chibi Fighters. No levelling required.
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New update from @iknowwhoyouare, going to pretend you don't see it again? We know you've seen it, you never post your wallets anymore for us to donate to you @haejin.
https://steemit.com/stewardsofgondor/@iknowwhoyouare/i-haven-t-gone-away-and-continue-my-efforts
Just noticed u have the banner I created for Haejin as ur banner @minnowboosted, nice one haha.
Anyways, back to the memes...
I used to be @Haejin's #1 fan. I no longer believe anything #Haejin post here on #Steemit.
He even upvoted me one day & then removed it. That really made me upset!!!
https://steemit.com/haejin/@born2crypto/haejin-predicts-bitcoin-will-be-usd270-000-by-2025
When Bitcoin Cash pumps, it ROCKETS and MOONS
<3 I love it
Nice post for discussion @haejin
The newly created Bitcoin Cash (BCH) is a rushed spinoff of Bitcoin (BTC), a clonecoin of which there have been many in Bitcoin’s past. Because the name is confusing, many have taken to calling it “Bcash” to avoid buyer confusion.
There have been myriad clonecoins of various types since Bitcoin’s inception. Bitcoin Cash is a style of clone that copies Bitcoin’s codebase along with its blockchain up until a certain point. Normally when new alternative cryptocurrencies are created, developers just clone the code and not the blockchain. But Bitcoin Cash copied Bitcoin’s blockchain as well, which created a situation in which everyone that had one bitcoin suddenly also had one bitcoin cash.
The creation of Bitcoin Cash was an orchestrated scheme, rushed to the point of engendering significant safety risks. Digital currencies just don’t spontaneously appear out of nowhere. The Bitcoin Cash fork was created by a developer that wanted to increase block sizes, with the hypothetical result being more transactions being processed on the blockchain.
Price has been in a daily demand zone for more than 1 wk. Price reacted to buyers at $900 (yellow circle), but it wasn't enough to move the price higher longer term. Price has penetrated the daily demand zone even more. There are more buy orders sitting at $800 level (aqua circle). Price should react to this level as well, but what we need to start seeing is a consistent string of candles making higher lows. I'm personally looking for a candle to close above $1100 as conviction that price wants once to move higher.
nice
Upvote me sir
absolutely!