Short term, BCH will likely retest the 0.618 retracement area before grinding higher. Long term fundamentals remain terrible and will be shorted to the ground.
Japanese blockchain enthusiasts have abandoned BCH in favor of BTC, LTC and ETH. We will likely see BCH trade sub-$600 very soon.
The broadening ascending wedge is also a bearish technical pattern.
Japanese blockchain enthusiasts have abandoned BCH in favor of BTC, LTC and ETH. We will likely see BCH trade sub-$600 very soon.
The broadening ascending wedge is also a bearish technical pattern.