that BCH is going to $75. It's been flirting with $200 for a week now and it's obvious that once that support is broken the next stop is $75. Beyond the technical reason, people like me are asking themselves why BCH is trading at $200 when BSV & XEC are each ~$50? How does that make sense? BCH has lost its way trying to become a cheap ETH knockoff and it's abandoned the cash roadmap. It's clear as day, at least to me. For those hoping the XEC cashening means it's going to $250 (XEC price x1M) by the end of May, sorry to disappoint, that won't happen until later this year. For now I see BSV ($65), $BCH ($75) and XEC ($85) by the end of May. Disclaimer: this is my best guess, I'm not a mind reader - I could be wrong of course... but I don't think so.
Thanks for your thoughts... But do you really think 0.000085 is any special achievement? This is where we have been not long time ago....and why is it so important for you to see BCH at 75 (and lower as XEC)? My goal is clearly to see the Avalanche release coming after a six month delay now...
I do not think 0.000085 is special but that's what I see this month. Lack of clear communciation about avalanche set us back. Cashening BCH is important because we are a fork of BCH and BCH holds a higher spot by marketcap, therefore XEC needs to first overtake BCH before setting higher goals. Avalanche is a critical part of this and the current price reflects how the market views how it has been handled. Having said that I think when avalanche is launched the market will quickly forget the past and everything will be back on track. As for $75 BCH that is what I see. I'd prefer XEC to cashen BCH by going to 250 but I don't see that right now, especially not this month.
OK... Thanks... Point taken..
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