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Stugazi
Nov 3, 2017 12:01 AM

BCH Pitchfork Long

Bitcoin Cash / U. S. DollarKraken

Description

Very rough idea for buy / sell ranges

Trade closed: target reached

will create new PF. this one invalidated.
Comments
jem614
I'm hedging with some BCH also. I'm curious if you think it's rising because it has "Bitcoin" in the name and noobs don't really know what they're buying, so it's going up in tandem with BTC as new money comes in, OR are people starting to give BCH credit as a better transactional currency (lower fees, faster) while allowing BTC to remain "digital gold".

The latter would obviously be more bullish for BCH. If it's more of the former, then it will correct along with BTC eventually.
Stugazi
@voidmu, BCH > BTC eventually
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