Bitcoin is very strong... has no choice but to keep the support above $11,000. Let's remember that 2 days ago Paypal announced the incorporation of cryptocurrencies for its platform and that generated the madness in bitcoin investment
But we have to be careful. Bitcoin in particular is very overstretched and may fall into resistance at $12,500 for a recoil correction
I must say, I'm surprised Bitcoin has reached its return zone. it's very but very bullish and you have to be cautious
Now if you bought bitcoin in April... you've already won a lot, and it's time for you to make your reinvestments
Bitcoin Cash
In the case of Bitcoin Cash if we see a weakness within investors and I think it is because the update is approaching and possible fork on November 15, however it is above its conflict zone that has been shown for 2 months for no less than 240$
Bitcoin Cash should now be worth more than $300, but it has very strong resistance in the order of $260 and also when 3 months ago the IFP discussion was given investors hesitated to stay
It's not time to invest in Bitcoin it would be a lot of risk, but if in Bitcoin Cash, the more than 2 million BCH Dollars invested in its development and promotion in Flipstarter give a good horizon and the graph only expects a few bears with influence from investors and maybe can raise its price a lot before November 15 and after November 15 could surprise us
If you have any tests or don't agree with myo, comment down here, and let's start clarifying doubts
Roberto Garcia
Twitter: @bchbarquisimeto
Wonderful article