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RE: Bitcoin Cash (BCH): The Bottom Could be Complete and so Prices to go UP!!

in #bitcoin8 years ago

I went back to a longer timeframe of bchusd and btcusd and found there were several periods of "phasic" activity (noted in blue):

So you could be absolutely correct; there may be a "phasic" change soon. I'll be keeping an eye on https://fork.lol/pow/hashrate, since any substantial increase in bch hashrate leads to a decrease in btc hashing (and price). Whether or not it is causal or merely correlated we will see.

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Like a mirror right now; the indicators and all!

The cycle overlap, phasic stage is expected