Was watching the BCH chart the other day and felt that this market has been very unfair to Bitcoin Cash during the previous bull run.

The moment Bitcoin Cash managed to escape a four year trend and reached $1,600, the crypto market collapsed to the news of Bitcoin mining bans from China.

It felt like this wasn't even a few days that Bitcoin cash was climbing the crypto index ladder and reaching to a spot it could retake its previous position between Ethereum and XRP.

This May, we have to agree, some BCH whales unloaded massively. This drop wasn't analogous to BCH price and possibly quite a lot of the BCH from the fork days, have been staked into wallets from the opposing site, creating this market pressure on price and not allowing it to escale and reach into better position in the market.

Something similar was going on for years against XRP. Whales have bought massively early on, at prices less than one cent, and kept selling but eventually the real adoption came and XRP managed to reach to higher and more deserved prices.

Although, this is not about XRP, and I'm not that much of a fan of Ripple either. With Bitcoin Cash we find what we need and as investors we are making the right choice selecting the best crypto that has what it takes to succeed.

Looking at the coinmarketcap list I could not believe BCH having lost so many places . Blockchain projects like Solana and Polkadot are above Bitcoin Cash.

It is a Bull-bear game now. BTC at $47k and bears have set this as the top for the time. But it can go a little higher.

Since May, I was expecting a bounce, not to $40k but higher, and this is it today. For Bitcoin Cash though it is still the same as with all the rest. We are all still following BTC, but there are events and developments that push growth higher at isolated moments.

We see this in the chart and hopes are that we will not need to follow the BTC chart for any other cryptocurrency but follow only news and developments on Bitcoin Cash. Something that happens with Ethereum that has grown a lot more lately and has now investors having decoupled from BTC price changes.

Maybe, with SmartBCH and an increased adoption of Bitcoin Cash in DeFi, this will also be another reason for BCH to rise unattached from BTC.

But again, I must warn for the short term, that traders will start taking profit soon and a drop on BTC down to $33k is very likely.

All of this is trading. Traders bought the dip and waited for three months to reach an expected profit. The profit even for trading is better with BCH though, and a good plan to double up during this market phase would be to buy these unexpectedly huge dips in BCH (even went down to $300) and double up with them.

Maybe buy any kind of BCH dip and just hodl will be even better, since BCH is not an average coin that should go unnoticed.

A fight to the death between bulls and bears begins, probably this weekend. Longs are increased too much and this means exchanges offering leverage trading will try to capitulate and liquidate them. Lets see if this will be just about trading or something really changed and the bear market ends like that.

Thank you for reading this, I am also using noise.cash, follow me there too!

https://noise.cash/u/annayks