Hi guys, let's review the current situation on Bitcoin Cash.
Bitcoin Cash managed to surprise a lot. After big drop in price it's not only managed to recover its losses but also hit very important resistance area. If Bitcoin Cash somehow manage to break it then next stop will be at 200 which is huge gain in price. But, as usual, you have to look at Bitcoin first. If BTC continues its rally then BCH will definitely follow it.
Overall Bitcoin Cash currently at very good spot for short but I would wait for price reaching at least 145 to enter market.
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Many thanks.
Bitcoin Cash managed to surprise a lot. After big drop in price it's not only managed to recover its losses but also hit very important resistance area. If Bitcoin Cash somehow manage to break it then next stop will be at 200 which is huge gain in price. But, as usual, you have to look at Bitcoin first. If BTC continues its rally then BCH will definitely follow it.
Overall Bitcoin Cash currently at very good spot for short but I would wait for price reaching at least 145 to enter market.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
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