300 Just has a good ring to. It is a nice round number. Human behavior will probably demonstrate that all the sellers at around 400 will wanna get back in at 300 therefor it may act as a nice support, there's gonna be some wild volatility and volume around that price rest assured. This is the most likely scenario BUT, there is a BUT. As I always say trading is a probability game so this is not a hundred percent guaranteed. Nothing is. It is all depending on how Bitcoin does. If Bitcoin keeps falling and folks lose trust in the market. BCH likewise will surely see a sell and fall below 300 where there are some other support systems waiting to be toyed with.
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.