The 200d MA was touched today but quickly rejected. I looking for another attempt to cross before confirming the bears are still in control or a temporary bull market to test the $12K resistance.
The Bitcoin Cash PR team is out in full force and the opportunity to set up a nice Cup and Handle is forming. Trade the resistance lines.
There is a strong following behind Bitcoin Cash and one of the most widely used exchanges, Coinbase, recently added trading for it. I see the use of Bitcoin Cash becoming widely adopted in 2018.