BCHUSD is still in a bearish trend and the price is still consolidating at 217-240. BCHUSD still has the potential to continue the decline to its lowest support level at 80-100. Widening patterns are formed at the daily timeframe. If the price touches the lowest support, a new bullish trend will occur on the BCHUSD for several months to come.
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@SamuraiFz
posted
3 years ago
Well, bitcoin, which normally pioneer price shift is bearish now; so BCH will bounce back soon as soon as BTC is up.