If the Bitcoin does break the resistance to reach $50k, then, our own BCH will reach the $600-$700

2 27

Good morning great read.cash platform's faithfuls, I guess it's being a lovely week filled with so much activities that indeed made up our day especially in the areas of the electronic money system we are all benefits alike in.

For almost an entire period of more than 3-4 months, we have been very much troubled and worried about the potential and a hopeful increase in our most prized assets, - the cryptos.

This slowness in the much expected price increase made a lot of us to worry about the legitimate right of the said electronic money prized assets we are holding in our private wallets and as such, many sold out their stakes in fears of not being trapped in between losing their entire funds.

To some, it was more or else like a betrayal of what they had been told about the huge profits that are well resulted from the timely and huge injections of their funds to yield a huge returns in fiat that never really came to be and as such, confidence was down with only the withdrawing of one's stakes as the only available option at that time.

I was also not left out of these whole miseries of unpleasant news surrounding the crypto systems especially as I at that time had become an adopter of the BCH for the very first time and which of course did become my very first encounter in the crypto world as a holder with gains only in my mind at that time.

Eventually, confidence was down on all our parts as investment proved very very abortive as many companies sold out their liquidity while returning their companies back to the old system that is free of the defi which affected its popularity and eventually left a lot of panic in the system with a more evident notable aspect of it being the cryptos' number one and most sort after coin, the bitcoin having lost almost its entire value while news of the cryptosystem crashing filtered the air and made the rounds.

The bad actors who were indeed very responsible for such panic in the cryptosystem would end up laughing out their hearts as we all watched the bitcoin saddled down to a misery of just the $25k per coin which ensured that others like the ETH, the BCH, the BNB, and many others followed the trend of a sorry misery of woes of events of the cryptos which happened to have been an almost erased system in the minds of all those who once held it so dear.

Everyone was left bemused as the purported decrease in prices of the cryptos by the predictions of the bad actors took that very major turn around leaving us with the ultimate decision to make or mar with the little we've managed to buy, kept and waited patiently when selling was to hit the moon for more gains.

These hosts of poor showing continued for a while until this more recent times when we are gradually noticing a massive turn around in a system that many persons had lost a believe in due to their loss of shares at the capital market.

We all endured the shit together and are all getting our ships ready with which we can sail down to the promised land where selling would surely leave so much in our pockets given the recent unbelievable rise in price which the BTC, BCH, BNB, ETH, and many others have all done and shown to what extent they are to be very much relied upon as the next generation money.

Every now and then, especially in the last couple of days, the market situation of the cryptosystem has been on a constant increase which for me is an impressive run of form irrespective of how slow the trend moves up in some 2.67%, 3.45%,...6.7% increase in the cryptosystem charts that seemed to have made it quite easy for us to follow well with the trend.

Now, the BTC is on an impressive $46,700k and the ETH in also an impressive price of $3,227k, the smartchain at an impressive $430.57, notwithstanding our own beloved BCH on an impressive and a continued rise to $371 per token while we are in a constant expectations of a larger part of this rise in the nearest future to come.

Come may what, the BCH is poised at hitting the $600-$700 once again and once the BTC rises to break the resistance of the $50k per token, though, that's not a criteria for judging them both but we are hopeful situations would surely and indeed turn out for the better.

Let's keep all fingers crossed and keep the bull run running

Image source: unsplash.com.

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Comments

I have my eyes set so high on these priceless assets, only weak hands shall lose at the end of the day. I look forward accumulating and holding on my decentralized https://atomicwallet.io, on the long term.

$ 0.00
2 years ago

I've been using my eyes to calculate my BCH in $700. I Can't just wait for it to hit that limit again. I hope it comes soon💪

$ 0.00
2 years ago