BCH, the warfare of the bitcoin family
When bitcoin got its upward move, BCH goes down.
Whenever BCH moves up, BTC goes down.
But what about BTG?
What I assume is this:
BCH will be 50% of BTC
BTG -2.22% will be 25% of BCH
BTG -2.22% will be 5% of BTC
Remember:
Forks are always priced in.
At the moment of writing is
BTG -2.22% 345
BCH 1450
BTC 6300 -0.84%
total: 8K, target price of segwit 2X.
Notice how BTC and BCH are moving against eachother, take a look at the timeframes.
Whenever BCH moves up, BTC goes down.
But what about BTG?
What I assume is this:
BCH will be 50% of BTC
BTG -2.22% will be 25% of BCH
BTG -2.22% will be 5% of BTC
Remember:
Forks are always priced in.
At the moment of writing is
BTG -2.22% 345
BCH 1450
BTC 6300 -0.84%
total: 8K, target price of segwit 2X.
Notice how BTC and BCH are moving against eachother, take a look at the timeframes.
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