As readers know, I went on record very early in August with the prediction that Bitcoin Cash would be a 4 figure coin in short order.Â That first run to $940 seemed to vindicate my forecast, but the brutal selling that followed led a few people to prematurely lose faith in the forecast. My last post suggested that the selling was over and that it was time to load up on BCH if you hadnâ€™t already.Â But even I was not expecting my $2500 target to be hit in just a few more days. What is next?
Bitcoin has rallied back further than I thought it would, but it is now in a way oversold situation, imho. First, look at a 2day chart:As you can see it is not only WAY over the 5th arc pair, it is almost at the end of setup. It is simply a scary proposition to hold btc here, imho. But lets look also at the 4 hour chart:The 4 hour chart is at a 3rd arc pair. This is a sell signal on the 4 hour chart.
I realize full well that going with headlines like the one above could leave me with egg on my face. But its what I do. If I was going to be just another one of those run-of-the-mill technical analysts who blandly tell you what happened yesterday with no clear forecast of the future, I would not bother posting. Sometimes I am right sometimes I am not. We will know within a few days which is the case here. But I’ll say it again. A rally for BCH seems highly likely.
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Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
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Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
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Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
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A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".