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Bitcoin Cash (BCH) on Bitfinex - is the 2nd Elliot Wave forming?
From what I see, I believe a 2nd Wave is forming if we keep our support at 0.15300000 ($1209) and move up to 0.176000000 ($1350). Of course, there is always the possibility of the opposite direction.
I believe in the upward trend, Especially since Segwit2X was a complete failure. There still seems to be a direct core relationship with Bitcoin (Legacy), As Bitcoin goes up Bitcoin Cash goes down and vice versa.
Currently, Segwit2X is stuck at a block. No Fork, No Fire: Segwit2x Nodes Stall Running Abandoned Bitcoin Code
The Segwit2x bitcoin fork may have been formally called off, but as many as 150 nodes still running its code have stopped accepting transaction blocks.
coindesk.com/no-fork-no-fire-segwit2x-nodes-stall-running-abandoned-bitcoin-code/
I believe in the upward trend, Especially since Segwit2X was a complete failure. There still seems to be a direct core relationship with Bitcoin (Legacy), As Bitcoin goes up Bitcoin Cash goes down and vice versa.
Currently, Segwit2X is stuck at a block. No Fork, No Fire: Segwit2x Nodes Stall Running Abandoned Bitcoin Code
The Segwit2x bitcoin fork may have been formally called off, but as many as 150 nodes still running its code have stopped accepting transaction blocks.
coindesk.com/no-fork-no-fire-segwit2x-nodes-stall-running-abandoned-bitcoin-code/
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