Bitcoin Cash Likely To Surprise You! (704% - 1,175% Potential)

9 Sep

In June 2023 Bitcoin Cash recovered against Bitcoin and entered bulls territory, it has been green ever since. By green I mean out of the downtrend, a major downtrend that lasted a massive 2,023 days or 5.5 years.

This is an interesting pair, we know the history of it. In the end, all worked out well; we have Bitcoin and we have Bitcoin Cash, a stable and promising Altcoin project.

The bottom of the downtrend was hit May 2023. The following month, June, produced a very strong recovery. This recovery placed the action above the low that was hit in July 2022. Above this level this pair, BCHBTC, can be considered a good buy with very strong bullish potential.

In February 2024 BCHBTC wicked below the July 2022 support level but closed above it. This level has been tested many times and continues to hold. As this level is being tested, volume has come to a halt. This is a consolidation phase. After consolidation comes the bullish wave.

It is only a matter of time now before a bullish breakout shows up and we have great potential for growth. Additional details (targets) can be seen on the chart.

Thank you for reading.

Namaste.