I foresee BCH breaking out to 4000–5000 USD by January 20th. This is all based on what you can see in my chart above. I used the consolidating wedge that many other users have posted thus far, overlaid with a set of time-series curves to show the possible periodic nature of this crypto. Note that I am not an expert at this, but I have understanding of the crypto market and I am good at numerical analysis and pattern recognition. This all of course depends on news, adoption, potential volume, and any huge bearish moves would invalidate all of this.
I'll likely be taking profits at the end of January somewhere in the 4000-5000 range...
Let me know your thoughts!
Personal disclaimer:
Don't take any of my published ideas as reality. Always make educated decisions before doing anything with your investments. Use my charts for making rational
Nice analysis, however I'd say we need more fundamentalist analysis to back this up (and im not saying that there arent enough fundamental arguments that support that ATH, on the contrary)