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Author Topic: Where is the support, below 1000 USD and next 1500 USD or 2000 USD?  (Read 241 times)
Rostchild (OP)
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November 17, 2017, 05:48:19 AM
 #1

I was wondering to jump (disclaimer: but I started to buy a bit by a bit),
I thought the support of BCH Bitcoincash at about around 400 USD and it reached almost more than 2000 USD,
it is clear that BCH is having support at about 1000 USD (https://www.coindesk.com/bitcoin-cash-dips-to-1000-but-a-recovery-may-be-on-the-cards/).

I think it may reach new support and heading new way to more than 2000 USD if the price could break soon and back to near 2000 USD zone (https://cointelegraph.com/news/bitcoin-cash-pump-stalls-stabilizes-near-1500),
I am not quite sure,
What do you think?

As a user, I dont really care whether ETH BCH or BTC to be a backbone, I even think that we need more Smiley
RayDali0
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November 17, 2017, 06:08:58 AM
 #2

I start small portion here.
I still keep my BTC, not really sure

I could say that a support at 1000 usd is formed as the TA estimate somewhere 1000, who knows next,
I like the link Smiley

I read it and it seems a good TA input
amacar2
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November 17, 2017, 07:45:47 AM
 #3

Yeah I also think there is strong support for bitcoin cash around $1000 as right now price have bounced back from $800 around region to well above $1100 in just matter of few hour.

But all will depend upon how bitcoin will perform in coming days, I don't think real hype over bitcoin and CME trading is over yet.

 
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Herbert2020
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November 17, 2017, 08:32:17 AM
 #4

the thing about altcoins specially when they are pumped, is that there is no support for them when their dumping begins.
what exists is lots of manipulations, for example things such as fake buy walls placed there by the whales who are trying to slow down or hopefully prevent the crash. but in a pumped altcoin they have to throw a lot of money at it and lose a lot to be able to keep the coin from crashing.
the best example of this can always be seen in ethereum market on poloniex.

now the same thing with bitcoin cash is happening, the dump is serious and all the fake walls can only slow it down but it is inevitable. any come back will be a dead cat bounce and temporary.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
pugman
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November 17, 2017, 11:40:01 AM
 #5

I was wondering to jump (disclaimer: but I started to buy a bit by a bit),
I thought the support of BCH Bitcoincash at about around 400 USD and it reached almost more than 2000 USD,
it is clear that BCH is having support at about 1000 USD (https://www.coindesk.com/bitcoin-cash-dips-to-1000-but-a-recovery-may-be-on-the-cards/).

I think it may reach new support and heading new way to more than 2000 USD if the price could break soon and back to near 2000 USD zone (https://cointelegraph.com/news/bitcoin-cash-pump-stalls-stabilizes-near-1500),
I am not quite sure,
What do you think?

As a user, I dont really care whether ETH BCH or BTC to be a backbone, I even think that we need more Smiley
Bitcoin cash crossing the 2000$ mark yet again, is kinda hard I guess, like the support is not as massive as bitcoin's support. It's just a pump and dump which is comparatively greater than any other altcoin pump and dump. There needs to be many more factors to influence the price to go up again, so the contingency of the price going over and above 2000$ is very less.

Rostchild (OP)
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November 17, 2017, 01:32:03 PM
 #6

I was wondering to jump (disclaimer: but I started to buy a bit by a bit),
I thought the support of BCH Bitcoincash at about around 400 USD and it reached almost more than 2000 USD,
it is clear that BCH is having support at about 1000 USD (https://www.coindesk.com/bitcoin-cash-dips-to-1000-but-a-recovery-may-be-on-the-cards/).

I think it may reach new support and heading new way to more than 2000 USD if the price could break soon and back to near 2000 USD zone (https://cointelegraph.com/news/bitcoin-cash-pump-stalls-stabilizes-near-1500),
I am not quite sure,
What do you think?

As a user, I dont really care whether ETH BCH or BTC to be a backbone, I even think that we need more Smiley
Bitcoin cash crossing the 2000$ mark yet again, is kinda hard I guess, like the support is not as massive as bitcoin's support. It's just a pump and dump which is comparatively greater than any other altcoin pump and dump. There needs to be many more factors to influence the price to go up again, so the contingency of the price going over and above 2000$ is very less.

I am not sure,
It seems on the move
nasibakar
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November 17, 2017, 02:16:40 PM
 #7

I was wondering to jump (disclaimer: but I started to buy a bit by a bit),
I thought the support of BCH Bitcoincash at about around 400 USD and it reached almost more than 2000 USD,
it is clear that BCH is having support at about 1000 USD (https://www.coindesk.com/bitcoin-cash-dips-to-1000-but-a-recovery-may-be-on-the-cards/).

I think it may reach new support and heading new way to more than 2000 USD if the price could break soon and back to near 2000 USD zone (https://cointelegraph.com/news/bitcoin-cash-pump-stalls-stabilizes-near-1500),
I am not quite sure,
What do you think?

As a user, I dont really care whether ETH BCH or BTC to be a backbone, I even think that we need more Smiley
Bitcoin cash crossing the 2000$ mark yet again, is kinda hard I guess, like the support is not as massive as bitcoin's support. It's just a pump and dump which is comparatively greater than any other altcoin pump and dump. There needs to be many more factors to influence the price to go up again, so the contingency of the price going over and above 2000$ is very less.

I am not sure,
It seems on the move

It is not the case of today, it would jump.
The BCH support is stronger.
It just needs a bit more time to jump.

I would like to have BTC and BCH now, for the sake of Crypto Land.

I just predict BCH would be stronger but it just needs time.
no0dlepunk
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November 17, 2017, 03:31:43 PM
 #8

I was wondering to jump (disclaimer: but I started to buy a bit by a bit),
I thought the support of BCH Bitcoincash at about around 400 USD and it reached almost more than 2000 USD,
it is clear that BCH is having support at about 1000 USD (https://www.coindesk.com/bitcoin-cash-dips-to-1000-but-a-recovery-may-be-on-the-cards/).

I think it may reach new support and heading new way to more than 2000 USD if the price could break soon and back to near 2000 USD zone (https://cointelegraph.com/news/bitcoin-cash-pump-stalls-stabilizes-near-1500),
I am not quite sure,
What do you think?

As a user, I dont really care whether ETH BCH or BTC to be a backbone, I even think that we need more Smiley
Honestly, the price is unpredictable, even the support. I don't want to be negative but I really feel that the fair price for BCH is just a little above the Ethereum, but again anything may happen over the weekend.
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