Strong support at $250. Everyone who was going to exit BCH did so at the fork, the only sellers remaining are panic sellers who bought in March/April and onwards. BCH has gone through a continual downtrend since inception before hitting rock bottom. There are no weak hands left to shake out!! Here we are touching the primary trend line and uptrend to resume.
Volume leads price, and the last rally from 13th - 19th Sep. had more buyers than sold subsequently.
If BCH decouples from BCH = Extremely good long term outlook
If BTC goes to hell and whole crypto market bubble pops = Back to double digits for a few years
Volume leads price, and the last rally from 13th - 19th Sep. had more buyers than sold subsequently.
If BCH decouples from BCH = Extremely good long term outlook
If BTC goes to hell and whole crypto market bubble pops = Back to double digits for a few years