just broke bearish
from its triangle and altcoin-Bitcoin pairs generally look like they're due a sell-off with Bitcoin
appearing like it might be in a position to rally again soon. However, if/when BCH returns to the lower trend line
indicated above, around the psychological 0.1 BTC
level and .786 fib retracement, I would regard it as an attractive buy. Subsequent to this retracement, price targets in the 0.2 region and indeed higher would seem plausible, especially given that BCH seems to be forming a large base, such that it may eventually re-attempt the previous ATH
of 0.5 BTC
after this consolidation.
This is not investment advice. My analyses are frequently wrong.