The month on the BCH market passed in a wide consolidation range. Buyers managed to barely update the previous high and give false hope to buyers to continue the trend.
Since December 21, the price has fallen by 25% virtually unhindered. The main volumes are concentrated within this consolidation in the range of $310-320. Buyers have lost control of this range. If BTC does not break the $22,500 mark and goes to update the historical high - BCH buyers have a chance to regain control of $310-320.
However, it is safest to buy a coin in the range of $257-268. ________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!