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RE: Bitcoin (BTC) Mid-Day Update: Precisiont HIT of Downside Elliott Wave Targets!! THIS IS THE POWER OF TECHNICAL ANALYSIS!!!
Here is your official answer.... 8 hours ago from this post....
Bitcoin Classic has confirmed it is shutting down as developers claim Bitcoin Cash (BCH) will become ‘Bitcoin’ by May 2018.
In an official statement Thursday, release manager Tom Zander praised BCH and said its validity meant that Bitcoin Classic had “fulfilled its promise.”
“It is now up to you which chain will gain the most traction. It is now up to the next billion people to start to use Bitcoin Cash. In at most six months I'm sure we'll just drop the ‘Cash’ and call it ‘Bitcoin,’” he stated.
As this FUD moves though the crowds it will definitely influence the sentiment of trading. Might be a good time for Master haejin to review Bitcoin Cash soon.