BTC vs BCH - 1D Area, 50/200 MA, 45 Degree Trendline Study
Trying to figure out of BCH is going to kill the King.
Bottom line... it's pretty hard to tell. They are both trying to target the 200 MA, BCH probably having a slightly higher chance of doing so. Coupled with the fact that BTC (and all mining really) is not nearly as profitable as it once was, more miners may start switching.
Honestly, right now it hasn't been BTC miners selling coins.. it's been crypto people longing & shorting each other to death, rather than it has been BTC buying & selling to pay for goods & services.
If one of these breaks the 200 MA and the other does not.. give it the crown.
Bottom line... it's pretty hard to tell. They are both trying to target the 200 MA, BCH probably having a slightly higher chance of doing so. Coupled with the fact that BTC (and all mining really) is not nearly as profitable as it once was, more miners may start switching.
Honestly, right now it hasn't been BTC miners selling coins.. it's been crypto people longing & shorting each other to death, rather than it has been BTC buying & selling to pay for goods & services.
If one of these breaks the 200 MA and the other does not.. give it the crown.
Comentário:
BCH is concluding it's bull run by smacking the 200 MA after just crossing the 100.. going to crash faster than it mooned I bet.
Trade ativo:
Made it across the 200 MA in a herculean effort.. it's a long fall from the top eh!
Comentário:
BCH 4H MACD on 400 and CCI around 200, lol.
Nothing to see here, move along..move along.
Nothing to see here, move along..move along.
