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RE: The World of Cryptocurrency - Bitcoin is Gaining Ground

in #bitcoin7 years ago

I am pretty certain this will keep going, there's so much energy in this upward swing from the sudden snarp jolt BCash caused that when it snapped back there's more force than in September when we dipped to $2800 before moving up to +$5/6/7k. Except this time instead of fear about the price being too high, we got the sudden awareness of our own mortality and now it's like we're triumphant where the higher we go the more victorious we feel.

I made this earlier.

Note that on the 1 Day chart the gain this past week since the BCash crash hasn't even been enough to counter the crash to even register green! :O

This is the 12 hour chart right now.
This is the 6 hour chart right now.

There's so much power here I think the BCash event sling-shotted market sentiment so far the other direction I think it would take something huge to stop it now.

It's possible we are seeing another watershed moment like earlier in the year, which also coincided with alts doing exactly what they're doing now having completed their cycles many of which ave taken many months and are about to go up another giant wave imminently.... Some had to reset a little when Bitcoin broke a level of resistance, like Neo Ethereum and Dash. Lumens was literally about to go but it's suffered far less by the looks of it and I think it will happen very soon. OMG has less history to go on but that too looks like it's almost there...You can see it's begun with Lisk ...
Doge will be incredible...

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That was brilliant observation buddy. Every coin having their own waves either up or down but one thing is certain for bitcoin - it continuous rising, it may drop for a time but still it recovers and continue rising. As what we've seen it now, it makes another highest mark so far beating its previous record.