Bitcoin Cash is pure Bitcoin from Bitcoin TC or other Bitcoin. Everything Satosi Nakamoto wanted from the start is in Bitcoin Cash. So that Bitcoin Cash is part of the best digital currency today. Even though the price of one Bitcoin TC coin is more expensive than Bitcoin Cash. It does not matter. Because price changes can occur.
Those I mean the Bitcoib TC supporters managed to get Elon Musk. With the style of BTC marketing, Elon Musk has succeeded in changing the perspective of buying a car. Currently, Elon Musk invites you to buy Tesla with BTC, not with fiat money. That is normal but you cannot perform general transaction activities with BTC. This is what causes BTC to lose momentum in the next few years. I think like that.
Why is that? Because Bitcoin Cash will be the digital currency that is most widely adopted by entrepreneurs. You know, the transaction fee for Bitcoin cash is only $ 0.01, just imagine this is a very small fee for transactions in the cryptocurrency market. The higher the value of the transaction, the greater the benefits of transacting with Bitcoin Cash than transactions with Bitcoin TC.
That way, if @RogerVer and @MarcDeMesel bought Tesla. If only. Then the evaporated transaction fees are less than the Tesla buyers with BTC. The question we bring is what are the advantages of buying Tesla with Bitcoin Cash? It would be better if you buy some Toyota or Honda and the rest is invested in Bitcoin Cash. Or you can buy a Ferrari or Lamborghini with Bitcoin cash. Still, the sunk costs are smaller in Bitcoin cash than elon musk's bitcoin tc.
In addition, you can see how the Bitcoin Cash community continues to grow and expand in many countries. This community is supported by content creators on read.cash, noise.cash, youtube, twitter, and many other platforms. Bitcoin cash supporters continue to strengthen the existence of bitcoin cash and make the cryptocurrency market paradigm an investment debate space that is always interesting to follow.
On the other hand, many teams working to predict cryptocurrency prices give bitcoin cash a positive value. The price prediction of bitcoin cash for 2021 will provide many advantages for investors who hold more bitcoin cash. The advantage of investing in bitcoin cash is getting a higher position than investing in bitcoin tc, because the more you invest in btc, you must be aware that there are sunk fees that you have to pay such as a discount if you save in the bank.
Now we are going to read some predictions about the price of bitcoin cash during 2021 using technical analysis:
Walletinvestor.com gave their assessment that they predict the price of bitcoin cash is $ 2363.42 for one year.
tradingbeasts.com. predicts Bitcoin cash price in the range of $ 1930 - $ 2838 in December 2021.
Then there are optimistic predictions because it supports Bitcoin cash:
smartereum.com has Bitcoin Cash price prediction for 2021 set at $ 6700.
profitconfidential.com. They predict the price of Bitcoin Cash to be around $ 7000 by the end of 2021.
For you to know that technical analysis is an analysis that is carried out using measurement tools from the system in software. The basis of prediction from technical analysis comes from two types of information, namely - past price trends and volume trends. However, this technical analysis does not consider other factors, such as the team working, technology, market scenarios, etc.
Disclaimer: I am not an economist, or someone who works in the field of investment consulting. I cannot provide guarantees for profits and am not responsible for any losses due to your investment. You have the right to buy and invest in bitcoin cash or not. The choice is yours. You can call your cryptocurrency consultant to read technical analysis data or other analysis.
All I can confirm is bitcoin cash doesn't make you lose large coins when making transactions. You can also get bitcoin cash at read.cash and noise.cash.
