BCH Could hit ATH this year
I know some people are starting to turn bearish on BCH, however I am still bullish long term. The MACD has plenty of room to run up, and BCH is in a nice little parabolic path. The first line of resistance is around $1200. If this gets broken through, there is more resistance at around $1770. Next, we need to break through around $3000. After this, I believe we could definitely hit a new ATH. I'm not saying this is super likely, but I for one am planning on holding BCH for a while. Let me know what you think, thank you!
Note
Looks like we broke through the first price target of 1200 very early! Of course, we need BCH to hold above 1200 for the next couple days to really solidify it. Next stop 1768!
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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.