Starting to get the feeling that Bitcoin Cash has finished correcting…

@Z1 5 October 2021

Starting to get the feeling that Bitcoin Cash has finished correcting against the market. The Bitcoin Cash dominance chart looks like it's exhausted to the downside. Very simply what I'm looking for now is early signs of reversal and then outperformance against ETH and other legacy midcaps. But one step at a time.

+KT
+BCH

4 comments

c@capitalflightOnNoiseApp 5 October 2021

Thoughts on this? https://www.reddit.com/r/btc/comments/q21w5f/so_some_people_transferred_their_actual_bch_into/ Seems like a decent way to get in at a discount.
- @Z1 5 October 2021
  
  Very interesting will take a look!
@TheBitcoinCashPodcast 5 October 2021

Agreed. The floor has been set against USD (which will see continued volatility, but less to the downside than other major coins will) and crucially has turned the corner on the BCH:BTC pair during 2021. Once this trend begins snowballing in the other direction, BCH will start taking over at a rate that BTC community will be completely caught off guard by. It's already silently been turning that corner, but it'll start roaring probably in 2023 after a strong year in 2022.
- @Z1 5 October 2021
  
  It’s great to hear your opinion - I’ve been charting BCH against BTC, the midcap index, eth and the BCH dominance for the last couple of years and although it has to prove itself it really looks like a major devaluation has come to an end. Would be great to see it getting recognised properly in 2022-2023.