Can BTG develop its first bullish run?

2017年12月12日

BTG has jumped a couple of times before, but those were rebounds from oversold conditions. The question now is, is third time the charm?

I admit I don't know, but there's a long-term support here that makes the current point a good long entry. Unless a major crash takes place in the coming days, I believe BTG will go up. If it develops its first bullish run, my target would be around $600.

2017年12月13日

註釋

Still waiting for it

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2017年12月13日

註釋

BTG has a lot of sell pressure I think b/c many are BTC purists and want to sell whenever BTG gets a little high. Nevertheless, if we compare the last two times BTG reached $400, it's clear that selling is not as dramatic the second time. Maybe this suggests that those who wanted to sell the most have sold.

2017年12月16日

註釋

Unfortunately, BTG has fallen out of the channel. It's unclear when it'll go up again.

2017年12月16日

註釋

Nevertheless, it's oversold so even though it may not go up much it's better to wait for some form of recovery unless you see a great opportunity now.