$BCH Price Prank: What’s Going On?

Looking at the chart, we can agree on an average price range of $415 - $460 for $BCH, which isn’t ideal given $BTC’s movements.

Do You Need to Worry?

Yes:

A dip below $390 could lead to a decline toward the $356 range, pushing Bitcoincash out of the top 30 on CoinMarketCap.

No:

It’s no surprise that $BCH tends to pump last when $BTC stabilizes within a certain range. If this happens, it could hit $630.

What to Do?

Diversify!

If you believe in $BCH’s use case, the Immediate Price (IP) shouldn’t bother you. The long-term potential of $BCH is evident to those who see its value.

#NFA