The scenario that Bitcoin drops down significantly in value would have the price of BCH bleed out back down to yearly lows of $181 support
If Bitcoin dumps BCH will hit that level but nothing more than that this is the bottom. This support zone is already marked as the bottom and $213 should hold out but if not that's the play to make.
The other scenario that this is the bottom at $213 this would make for a great LONG entry because this is the same level as before the pump in August. BCH is actually lower than what it started at the moment
If Bitcoin dumps BCH will hit that level but nothing more than that this is the bottom. This support zone is already marked as the bottom and $213 should hold out but if not that's the play to make.
The other scenario that this is the bottom at $213 this would make for a great LONG entry because this is the same level as before the pump in August. BCH is actually lower than what it started at the moment
