bitcoin 14k low, now target should be 28k---or when mempool gets to 180k, whichever happens first...
looks like every month, bitcoin is going to become worthless to use, due to transaction backlog----
so , 20-30% corrections every month, at about the time when the backlog reaches 180k MB---or 180k tokens.
as i pointed out last nite---go to the 3rd chart (mempool size in MB)
if you have too much transaction backlog--bitcoin becomes (worthless)---until the backlog gets whittled down....
(worthless) happened at 17.6k---and the sell-off started.
3rd chart is just another indicator, of when another top is reached.
https://jochen-hoenicke.de/queue/#2w
bitcoin 14.2k -14%
bitcoin cash 1568 +27%
yesterday bitcoin had 200k transaction backlog, and now money is moving over to BCH, until backlog, is less.
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