Technical Indicators Forecasts A Dip In BCH Price
The S2F model is used for the essential commodities like gold and silver.It tells about how much time will the commodity will take to dig up again if it suddenly vanishes.The S2F number for the gold is 60 and BTC number is 51.2 after the halving.If we adjust the correlation factor and difficulty level of the network we find that BCH S2F ratio would be 38.In the Case of BCH if we use the same formula as per the BTC with some twitch then one can find that it has potential for 4700.The exact date for it would be difficult to predict but it can be said that the price can achieve these within a span of 1 to 2 years.
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