(VIDEO) Why We Think Bitcoin Cash and OMG are Primed to RUN! PLUS a GIVEAWAY!
Who should you be following on Twitter? Is Bitcoin Cash consolidating for a breakout? Is OmiseGo primed for a moon rush?
Follow this channel, and we will uncover the coin that we believe has a runway for 2017 and will be a top performer in 2018.
In this episode of Investing in Cryptocurrency, we explore 5 Twitter Accounts you should be following for info, perspective, and analysis of Cryptocurrency investing and trading.
We also dive into the charts of Bitcoin Cash (BCC/BCH) and OmiseGO (OMG) that we believe might be ready to run. Some basic technical analysis says there could be some upside in the near future.
We have a third coin pick that we are holding until we get 25 followers!
Follow this channel, and we will uncover the coin that we believe has a runway for 2017 and will be a top performer in 2018.
We're giving away Casascius Promotion Coins!
Follow us on Twitter (@cryptovice1) and Facebook. Once we hit 500 followers, we will have a random drawing to award TEN (10) lucky followers one (1) promotional aluminum Casascius Bitcoin that was minted in 2013. Only 80k made and sure to be a collectable!
Seems Bitcoin and Bitcoin Cash have a reverse correlation. Does your view mean BTC is set to crash?
I'm not sure if it's directly reverse (and it really hasn't been until the last week or so). I think BCH is still trying to figure itself out, and it's too hard to tell how it will ultimately correlate with Bitcoin.
But based on the chart, I do think that if you wanted to trade BCH, you should wait. Either Bitcoin will continue to increase, while BCH stays around $650, or BCH will continue to fall, while Bitcoin stabilizes after this run it's had.
I do think that BCH will likely see some runs in the future, especially when it becomes available to CB accounts in January. I wouldn't be surprised if BCH is in the four figures eventually.
Just my opinions...Others may beg to differ :)
And, yes, BTC will eventually stabilize before making another run. When that happens, no one knows, but I suspect in the next month you'll see a correction/stabilization/consolidation period. "Crash" is relative, but there will be plenty of FUDders who panic and lose money short term.
HODL!
I add this post to my blog as is : http://xyzc.gq/bitcoin-cash-and-omg-are-primed-to-run/