jpbrown1023

BCH/BCC - Bitcoin Cash in a great position for big gains

BITTREX:BCCBTC   None
Hey everyone! Looking at the 4-hour chart, we can see that BCH has been on fire since doubling its price last week after being dormant since December. It also recently announced a hard fork on May 15, 2018, which often results in the price pumping until the fork completes and is followed by a quick dump. This is nothing new to BCH. In fact from looking at its chart, pumping it what it does best. The price is currently workings its way up from the base of a broadening wedge pattern with a lot of room move. I expect a decent rise in the price over the next couple weeks as we approach the fork date, finishing off with a great pump. This should be an exciting coin to watch leading up to the hard fork. We'll see if it can test or even surpass its current all-time high.

 
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