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BCH price is following my analysis from last week. The price appears to be bouncing in the 1100-1300 area which marks the start of wave C. First target is 2k, second target is 3k. For full analysis check out my post on yours if you haven't read it yet. Behind the paywall you will find full Elliott, TA and fundamental analysis as published last week which has been...
We have had a melt down in BCH in Jan-Feb and TA wise this amounts to a reset. All previous models have been invalidated, people have panicked, even some analysts have gotten emotional and called it a P&D. They forget that BCH is in the middle of a frontal collision with BTC. Extreme volatility was and is to be expected. Moreover, in an emotional market like this...