BITCOIN - All time highs around the corner? 1D Buy Signal + Segwit2x tailwindsteemCreated with Sketch.

in #bitcoin7 years ago

1D buy signals using Supertrend are rare and happen every 2-5 months, yesterday confirmed green. I think segwit2x may provide a tailwind because of the recent gains with the Bitcoin Cash fork, people want to own two coins for the price of one and Bitcoin is seen as a safe haven crypto. I think it's possible that traders will sell their B2X coins for BTC, which could be a secondary tailwind after the fork on Block 494,784 (currently ~ 5,000 blocks away). I also noticed traders discussing a move to bitcoin vs alts after yesterday's correction in many coins, so it appears sentiment has shifted to Bitcoin.

*DYOR: not investment advice.