PRICE ANALYSIS

1 ก.ค. 2018

Similarly to ETH/USD chart pattern, BCH/USD price reversal on 28th June has the market currently at $740 (08:55 UCT). Together with analyst obsession that Bitcoin cash is over hyped, price is still expected to slide to previous support level at $606. a break in this region could send the price as low as $505 and even worse, to $295 (long term). On the positive side, a reversal from $606 can see the price surging to $1200 and possibly $1800 towards month end.