BCH/USD pair analysissteemCreated with Sketch.

in #cryptocurrency9 years ago

In last 18 hours we experience bullish attack. It was not correction but consolidation before another take off.

It is obvious that major shift is happening in Bitcoin family. Still very strong shift of value is seeing to pure from Bitcoin classic to Bitcoin cash. 

Suspecting, maybe that big players is after strategy to short Bitcoin market and bring pair price down before entering with big loads of money. Hedge funds often use shorting strategy to kick out small buyers, drop the price and then enter the market. 

Maybe is wise to put stakes on both horses!

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Image sources: Investing.com

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