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Bitcoincashforecast

BCH/USDBCH/USD(Bitstamp) As mentioned in the previous article last week, Bitcoincash has been under correction(dropping) and it dropped further 20%+ since last week. Bullish Case: After surging 200%+ in the mid of December, It has dropped 50% at the time of writing.Though such drop is usual after such price surge but it need to holds $123-$109 price level to continue bullish momentum.Bullish confirmation will be when it breaks $220+ level in the coming days/weeks with a target around $350+ price level Bearish Case: If it doesn't hold the $123-$109 then it will slightly bearish for the asset and we might see the price fall below $100 in the coming days/weeks.
BITSTAMP:BCHUSD
by coinswitch-trading
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