Bitcoin Cash Fails While Bitcoin SV Breaks Out

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Avatar for Damxchange
Written by
3 years ago
Topics: Economics, Bitcoin, Blockchain, Crypto, Finance, ...

Bitcoin Cash failed to breakout closing right at the upper trend line. The next few days will be critical.

Bitcoin SV officially broke out, closing far above the upper trend line. Now let’s see if it retests the line which could see a pullback to $170-$180. A pullback would actually be healthy.

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$ 0.73
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Comments

this will be interesting, let's hope for the best for BCH 💸

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User's avatar AA-Admiral
3 years ago

So what do you mean by this? BCH will dump big time on the next days? Please answer me because I am a noob cannot understand yet the support and resistance line..

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User's avatar Eybyoung
3 years ago

No, I’m saying that the sellers stopped it from going any higher. It doesn’t necessarily mean it’s going to fall. It could or it could make another push to attempt another breakout. It’s all about buyers and sellers and then trying to recognize where they lay in the market and how to recognize when one wins and the other losses.

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User's avatar Damxchange
3 years ago

Oh, okay I felt relieved because I am holding some BCH 😆 Thank you..

$ 0.05
User's avatar Eybyoung
3 years ago
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