Friday, 21 February 2020

Bitcoin Jesus' Bitcoin Cash to perform splendidly in the coming week

Bitcoin Cash has had a hard time ever since it split off from the parent chain. Fortunately, the recent price surges have provided for things to fall into place. Especially with the golden cross already underway, the altseason seems to be picking up pace.With the altcoin market cap rising steadily, this further strengthens the altseason scenario. As discussed in the earlier articles, the BTC dominance is also a factor in the altseason, which has comfortably fallen from (approx.) 70% to (approx.) 60%. Hence the reason why altcoins are surging.Bitcoin Cash is at its wit's end aka the support at $368. This support will help push the price of BCH higher, potentially up to $427.A wrong turn could push Bitcoin Cash to $358, a 2.79% downside.Relative to the upside, the risks of longing here would be minute.60 Minute Bitcoin Cash Chart Source: Trading View.Bitcoin Cash has exhausted its bullish momentum $500 (approximately). Albeit the price seems to be taken over by the bears, there is still hope for BCH. A rather bright future in the upcoming days.A bullish momentum would propel the price higher by 15% finally facing the resistance at $427, however, the journey from here is still hanging in ...


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