jethopatel7

Bitcoin Cash (BCH) free profit flowing through to BTC

BITFINEX:BTCUSD   Bitcoin / Dolar
340 7 5
Looks like people are converting free BCH profit into BTC             and pumping it. Once it is over, I think there will be turn of ETH and then other AltCoins. Any thoughts ?
btc to 2000
Balas
Yes I agree, if fact just added more ETH and altcoins with profits from BTC and BCH. What is your short term prediction for this BTCUSD rally?
Balas
jethopatel7 graham.edwards84
@graham.edwards84, This upward trend was crazy for the last 2-3 hours. I think till BCH is going down, BTC will go up as it looks like people are just throwing away the profit from BCH without looking at BTC price. If I had to guess, I think people may stop pushing its price around $3300.
Balas
@jethopatel7, Yeah I agree with your comment. 3300 seems about right to me too.
Balas
Easy to get bull trapped here if you're short term trading...
Balas
jethopatel7 moontumble
Balas
moontumble PRO jethopatel7
@jethopatel7, Also, I'm sceptical on alts except of ETH atm... Money flowing out of minor alts right now, too... I think your ETH comment is spot on, 230ish is waiting to escalate, and I think it will if there's a vivious bearish impulse on BTC short term... All the best trading, mate... Interesting moment...
Balas
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