I honestly did not expect $8k today, LOL. I am also surprised how well ETH and LTC held against the USD as BTC was flying higher and higher.
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I honestly did not expect $8k today, LOL. I am also surprised how well ETH and LTC held against the USD as BTC was flying higher and higher.
Don't forget Dash either.
ETH has shown some world class resilience. I mean nothing could affect the price significantly. I'm just itching for Dash to start moving again.
BCH is still more profitable to mine (https://fork.lol/) So I expect some good moves from BCH too. But there might be more lows before that.
With BCH stabilizing now, the whole altcoin crypto market has entered some kine of weird limbo, e specially ETH. Nobody knows how to deal with bitcoin cash or where it's going.
BCH hashpower is also increasing. I've previously stated that Bitcoin will go out slowly and gradually like the British Empire. ETH is in some serious limbo. Dash looks like making a cup&handle. Casper Testnet may give ETH a breakout. The ICOs should be playing a big part in keeping the ETH price down. Plus ETH has no limit to the supply.
Being the most profitable coin to mine, BCH should make another bull run. The main thing that keep BTC high is the mainstream attention. The recent bull run even got Teeka Tiwari from PBC to recommend BCH. People will eventually follow the money. More money will pour into BCH.
Yes, if you look at the BTC price rise this year, it's really crazy. It's flying like a rocket :-)
I'm curious to see what happens today. BTC has already cracked the 8K!