MACD flipped to bull. PSAR popped up. Good bounce off of long term lower trend line. New merchant adoption announced on a daily basis. This thing is going up people.
Long term sea change on this chart. Once this thing breaks out it's going to get stupid. Pretty much everyone who was holding Bitcoin before the fork has chosen a side(or resolved to holding both). Now it's up to the loyalty and adoption rate on either side(not to mention the overpriced/underpriced status of either coin). I recently read an article that claimed the BCH miners keep 40% more coins than BTC miners. That's a big restriction on the supply side of this order book. Everything is pointing up!
Long term sea change on this chart. Once this thing breaks out it's going to get stupid. Pretty much everyone who was holding Bitcoin before the fork has chosen a side(or resolved to holding both). Now it's up to the loyalty and adoption rate on either side(not to mention the overpriced/underpriced status of either coin). I recently read an article that claimed the BCH miners keep 40% more coins than BTC miners. That's a big restriction on the supply side of this order book. Everything is pointing up!