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RE: Bitcoin Gold impulsing toward breakout?!

in #btg7 years ago (edited)

It does look like you could be right. I've felt like something will happen to BTG for a while, but I don't know if it'll go up like Bitcoin Cash or die out and go down to almost nothing. Honestly in the long run I don't have high hopes for Bitcoin Gold, but people seem to value it and I guess that's the only thing that matters in pricing cryptos at the moment.

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I agree that btg is very controversial but that can be said about a lot of these coins. Right now, Blockchain currencies are red hot, so is the bitcoin name- this (along with the low price tag) could be some reasons bitcoin gold will have a good run. But when it comes to setups, my focus isn’t on the fundamentals, just the technicals of the charts. Ripple has a similar sentiment and put in almost the exact same pattern as btg before finally exploding from $.22 to almost $4 on some exchanges. The sentiment shows in the charts - and in this case it’s showing very bullish.

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