Ready for next All-Time-High?

2017年10月16日

We're now retesting the resistance 5721 at Bitstamp, which rejected multiple times previously. If we close above this resistance, we can watch the volume of next candle as a reference, if it's confirmed we can anticipate a new high.

2017年10月17日

取消訂單

Didn't enter any position as it failed to hold the resistance. Another resistance to paying attention is $5800.

Bitcoin Gold (BTG) hard fork is coming in about a week, 25, Oct. Although this mentioned forked coin is really worthless IMO, some might still consider it as a notable event to Bitcoin.

Bitcoin Segwit2x hard fork is going to happen just next, about four thousand blocks away, which is about 20~30 days based on the average time take for a block being mined. I believe this is the event that leaves most investors/traders in uncertainty about where the price will go, so we can anticipate there'll be some price action worth trading after the fork.