If BCHUSD stays above $1000, it has a good chance to continue the bullish trend. Of course, the abnormal, speculative jump & the subsequent crash due to fear should be ignored. Following its recent update, BCH has everything bitcoin has going for it + one important thing: BCH is much less expensive than BTC, and for this reason alone it has more headroom for growth. In other words, it requires injection of a fraction of the capital to move up the same amount compared to BTC.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.