Now is the decision time for BTC again. The downward chanel was broken on the 20th of July and BTC nearly retested ath. Now the price is at 0.786 fib area. If we can apply Elliot waves and may this movements be the 1st and the 2nd impulse waves, then the third wave is approaching and by the 1st of august the new ath should be set. If we go downward then entry point should be somewhere around 2200-2300. For positive prediction: 1st target area is around 3k and the next one somewhere around 3300-3500. THE KEY for upward movements should be a breaking out of 2700. Happy trading.
Komen
⋅
Be careful now, guys
Komen
⋅
100$ left till target area. Stay tuned
Komen
⋅
1st target reached and even more to come in next weeks, so stay tuned, appreciate your comments, likes and subscribes. Happy trading!
Dagangan ditutup: sasaran tercapai
⋅
Komen
⋅
Sorry for im being late with this update, target was reached and it seems to me, that its not the end, we are moving forward still!
I can not believe it will go up now, go to the bottom
The market is watching carefully for the BCC Hardfork initiated by viabtc on 1st August.
The idea of BCC is based on the UAHF idea of bitmain which they announced as answer to the UASF.
Whats happening now is that it got a new name and is from viabtc so that bitmain is not longer involved. But the truth is that bitmain is the main investor in viabtc.
The real reason for this fork remains unknown, one can only guess. But its obvious that bitmain is the key player in this event. It's also the company which profits most from asicboost.
Its likely that BCC will get dumped after a few days. But then we will come closer to the 2mb hardfork from the segwit2x proposal and this blocksize increase is unlikely to happen because with segwit blocks wont be full anymore. With the agreement broken some miners could start to pump BCC trying to overtake BTC or just dump the accumulated coins to people not having BCC anymore and need it to hedge their investment.
I can not believe it will go up now, go to the bottom
The market is watching carefully for the BCC Hardfork initiated by viabtc on 1st August.
The idea of BCC is based on the UAHF idea of bitmain which they announced as answer to the UASF.
Whats happening now is that it got a new name and is from viabtc so that bitmain is not longer involved. But the truth is that bitmain is the main investor in viabtc.
The real reason for this fork remains unknown, one can only guess. But its obvious that bitmain is the key player in this event. It's also the company which profits most from asicboost.
Its likely that BCC will get dumped after a few days. But then we will come closer to the 2mb hardfork from the segwit2x proposal and this blocksize increase is unlikely to happen because with segwit blocks wont be full anymore. With the agreement broken some miners could start to pump BCC trying to overtake BTC or just dump the accumulated coins to people not having BCC anymore and need it to hedge their investment.
Just my thoughts on it