BCHUSD going long...Call me crazy, I am buying BCH to HODL for few weeks in anticipation of their Smartchain launch scheduled next month.
BCH has been in acommulation stage for weeks, and the price is tempting as confirmed by FIB R.
Bchsmartchain
BCHUSD Longs are at record ATH and growing, but why?Today I noticed the spike in BCHUSD longs that has been maintained at a record ATH for weeks and growing. So I checked their website, their telegram, their twitter, and CMCal but there were absolutely no information whatsoever about any announcement or something being cooked... till a friend of mine, provided me with the link:
smartbch.org
And to my surprise, a smart chain is being developed for BCH and the test net is live since April 30th.
If you are Bitcoin Cash fan, you'd say I was living under the rock for now knowing about this. And you're right, I am not a BCH fan. But this fundamental news about BCH smart chain got my attention.
Is it time to jump onboard? Well, I will keep an eye on it... but not sure when the time is right to jump onboard in this blooded market unless a breakthrough announcement is made or BTC shows some strength.
If you have any fundamental info about BCH or SmartBCH, kindly share it below. Thank you in advance.
