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New ATH on #BTC 14364$

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Bitcoin Cash Hard Fork

Regarding the BCH Hard Fork
The two likely scenarios to occur with the Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN) contentious hard fork are:

Scenario A: The fork results in two competing chains. Bitget will credit users with BCH from the chain with the most work done. We will then also credit users with the coin from the minority chain at a ratio of 1:1 based on the snapshot of BCH balances at 2020/11/12 16:00 PM (UTC+8) as stated above. Further details regarding this distribution will be stated in a separate announcement.

Scenario B: No new coin is created. Bitget will then resume BCH deposits and withdrawals as soon as possible.

As per the latest data from Coin.Dance, 73.6% of BCH blocks have signaled support for BCHN over the last 7 days, compared to 0.8% for BCHA. If this signaling status continues through the hard fork, Bitget will treat the BCHN chain as the future BCH chain. Should the signaling support change prior to the hard fork, Bitget reserves the right
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Forwarded from Er.VinothKumar TamilBTC
BTC 4h Last meters to the finish line of insane growth

Surely and confidently, buyers broke through the range of $ 15700-15800 and continued the movement of the BTC price to $ 16480.
Even with increased volumes, sellers cannot change the current situation. The price rises in an unusual manner (momentum, consolidation - momentum).

The critical point of the growth trend moved from $ 15,400 to $ 15,960. Considering the slow price growth with local pullbacks, sellers may well test this mark. And already at this mark, the future trend
will be decided: - there will either be additional charges of buyers and they will go to test the level of $ 16,775 for strength
- or they will break down on large volumes than with a high probability, they will start a trend change.

This weekend is a chance for sellers to seize the initiative... And sellers are likely to try. This is evidenced by the uncertain price exit from the 4-day consolidation below $ 15,800.

On the dominance chart, the indicator reached the 65.99% mark.
Forwarded from Er.VinothKumar TamilBTC
But yesterday's daily candle closed at 65.23%, hinting that interest in BTC could plummet from next week.

For altcoins, it is important that a possible BTC correction occurs without sudden movements. In this case, there will be a possibility of their continued growth. Otherwise, we doubt that frightened BTC investors, in a panic, will start buying other coins instead of sitting out in fiat.
AMA with Sirius on 19/11 16:00(UTC+8) @bitgetEN

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