Long

Bitcoin Cash: _The_ coin to watch in May.

By kenj1

Updated

This is not financial advice, and I have no idea what I'm doing.

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I could be wrong here but my idea is predicated on BTC having a retracement to between 8300 / 7500.

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Do not fall victim to this shakeout. This is purely BTC pegged price action. BCH will bounce hard when it’s over.

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Not financial advice. panic sell at your own leisure.

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Jumping over to BTC Bitcoin and the future promises of LN, the trend is your friend. As I see it the belly in the beast has awakened and 265bn was the bottom on the mcap I have no reason to feel otherwise. The price action feels different this time around with more hawkish speculative gamblers providing plenty of chop but scared money don't make money. As cash is sucked up in these dips providing spectacular pops for alts. I don't see us going lower than 8300$

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Buy the dips on BCH. Not financial advice. Just what I’m doing. The BTC shakeout hasn’t occurred..... yet. I’m still anticipating a nice pullback with BTC, though I could be wrong. BTC is following the trend line shown above perfectly.

Trade closed manually

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Just think this fractal is awesome. Compare that to btc mega cycle... too cool

kenj1

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