P_S_trade

BCH-4h. The price goes to the range of $ 257-268.

BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
The month on the BCH market passed in a wide consolidation range.
Buyers managed to barely update the previous high and give false hope to buyers to continue the trend.

Since December 21, the price has fallen by 25% virtually unhindered. The main volumes are concentrated within this consolidation in the range of $310-320. Buyers have lost control of this range. If BTC does not break the $22,500 mark and goes to update the historical high - BCH buyers have a chance to regain control of $310-320.

However, it is safest to buy a coin in the range of $257-268.
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