Bitcoin Gold (BTG) Update

in #bitcoingold7 years ago

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Bitcoin Gold (BTG) in the short to medium term is at the end of the triangle formation, and I foresee two possible moves in the coming days:

1° Bulls have boosted prices upwards and BTG is looking for values ​​around 0.01 BTC, all of which may occur with the likely recovery of the BTC.

2 ° The bears pressed the bulls and the price will decrease to something around 0.00562551 BTC, it is quite probable that prices do not retract more than that. A larger retraction would only occur in the event of a large BTC fall.

Note: Since this is all about short-medium-term movement anticipation, one scenario will occur within a few days. It will all depend on the market reaction lately, with the dollar high, we had a high migration of capital from the digital currency market to the dollar bet. We must be aware that the sales force that has dragged the BTG to a large drop in the last weeks is already running out, let's wait and see. For investors, divide your investments into BTG to 50% now and another 50% if there is a drop to something around the 0.00562551 BTC.

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