Hello and welcome to this quick update:
IS BCH READY FOR THE ALT SEASON ??
If the bottom is actually in for Bitcoin, then consolidation will help some Altcoins like BCH to bounce up again.
We can see BCH is already testing the lower support level on high time frames and we can assume that we are ready to test that high from early Jan once again.
So, for now, I am extremely bullish on BCHUSD unless we drop below $390.
The invalidation is closing below $390 at the end of this week.
Make sure to share your own insight with me in the comment section, I will glad to discuss my ideas with you guys ;)
IS BCH READY FOR THE ALT SEASON ??
If the bottom is actually in for Bitcoin, then consolidation will help some Altcoins like BCH to bounce up again.
We can see BCH is already testing the lower support level on high time frames and we can assume that we are ready to test that high from early Jan once again.
So, for now, I am extremely bullish on BCHUSD unless we drop below $390.
The invalidation is closing below $390 at the end of this week.
Make sure to share your own insight with me in the comment section, I will glad to discuss my ideas with you guys ;)