twittler

massive descending triangle on bch

BITFINEX:BCHBTC   None
i see a massive descending triangle, and see support about where previous support has been, im not sure if i will buy at 0.1 as i see bch as really risky, due to its small hashrate which is about a 10th of btc and could easily be taken down by a 51% attack from btc mining pools just as charlie lee, sais. i may open a quick long at about 0.075. to 0.1. but think it might be dangerous at this point to long bch. lets see how btc will recover, its also very possible thet there will be more gains with btc during the next few weeks than going long on bch.
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