Bitcoin Private Fork - Easy money to be made!
For those of you living under a rock in the crypto space, Zclassic will be forking into Bitcoin Private in the next couple of weeks. Since the announcement in mid-december, the Zclassic price has gone from $2 to $200. Most people would say at this point that ZCL is no longer worth investing in. But, I disagree. The market has been on a decline since January 6th (when ZCL hit its all time high) but today, there has been a very bullish MACD crossover, and MACD is still very negative, which indicates that there is a lot of potential left for growth! See the chart below for details:
If you see this post within a couple of hours of it going live, I would personally not buy ZCL as it is bound to correct soon, but I'll be buying a lot more around the $145 mark. As soon as the ZCL / BTCP team make an official announcement regarding the fork date, the price will skyrocket! I'm no crypto expert; I've only been in the game for a month, but I trust the word of Vincent B, and the market is speaking for itself. ZCL is the cheapest way to get the most BTCP, so I could see ZCL going as high as $300-$400 as an new all time high.
Be the first to know about the BTCP fork by following the teams on Twitter:
ZCL - https://twitter.com/zclassiccoin
BTCP - https://twitter.com/bitcoinprivate
Quick disclaimer: obviously I am not a financial advisor. This post is my personal opinion and not financial advice. Only you are accountable for your own investment decisions. Cryptocurrencies are extremely volatile and you should only invest what you are willing to lose. I am in no way guaranteeing any price movements, only speculating on what I believe will happen based on technical analysis.
It's an equihash bitcoin WITH privacy. Even if it doesn't drop below $200 and even if you have to literally eat your ZCL after the fork, $200 for private ASIC resistant bitcoin sounds like a deal.
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