BCHUSD rate finishes its nosedive. Bears are still strong, but the bulls will win. Today is not the most successful day for trading: it is too late to sell Bitcoin Cash and it is too early to buy it. Priority of the day: neutral position on BCHUSD. To all traders who hold a short position on Bitcoin Cash, we wish a big profit. And those who have not yet entered the market, we recommend waiting for the appearance of bulls. Projected scenarios: 1. The BCHUSD rate will drop from $ 920 to $ 880. 2. The BCHUSD rate will rise from $ 920 to $ 1000. An alternative scenario: The BCHUSD rate will be in the flat for a couple of days.
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