Phoenix Global Update | The Last Hurdle

PHBBTC hits a new high just now of 23 satoshis, the first time since early September.

The main resistance to break through is set in the 25-26 satoshis range (0.00000025 - 0.00000026).

As soon as this level is cleared/conquered, we can expect fast/massive growth.

Additional details on the chart.

Namaste.

Comment:

We have a bullish breakout with strong volume.

We need a close above 26 for immediate growth.

Comment:

I thought that this "redenomination" was a shrinkage of the supply by 100 while you keep your coins.

It seems that you get 100:1 whatever you had.
If you had 3,000 PHB you will get 30 PHB. That is how it looks so far.

So the price needs to go up by 100X for us just to break even.
Pretty nice surprise.

I had almost 1 BTC on this which turned into pennies.
We will see how this develops but surely not what I was expecting.

Comment:

Trading now live.
Price is 100X higher.