BCHBTC possible rounding bottom reversal

2017년 12월 5일

There's little doubt that BCH has been underperforming BTC. I personally have suffered financially by not selling my BCH to BTC when it was 0.5 or 0.2. It's been really disappointing, but the time to sell was before -> not a good idea to sell the bottom now.

There's a possibility that a rounding bottom is forming -> it's critical that BCHBTC doesn't fall under 0.12. Otherwise, it'll be time to run.

It is too early to say much more. I'll keep a close eye on it. There are two things that we should know:

1. There's another difficulty adjustment for BTC in less than 30 hours. There may be a pump of BCH.
2. Next Monday CBOE starts trading BTC derivatives. BTC is likely to remain bullish till Sunday. What happens afterwards is anybody's guess.

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2017년 12월 6일

노트

This idea is invalid now
I think my previous feeling was probably right