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RE: Bitcoin Cash (BCH): A Massive FLAMEOUT of BULL BUYING POWER Has Taken Place...I explain in this analysis!
He shows it much better than I could....short answer yes, it could go lower, and likely will today....
https://steemit.com/bitcoin/@haejin/bitcoin-gold-btg-target-usd523-104-profit-potential-the-rise-of-bitcoin-gold-check-out-this-analysis