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Bitcoin Cash [BCH] Technical Analysis: Market correction lets bulls takeover the short-term
After the surprising high of Bitcoin Cash [BCH] at the beginning of the past weekend, proponents looked hopeful but the market correction soon pushed back the positive prospects. Just a day after BCH added over $60 million to its market cap in, the market cap stumbled by 5.43 percent as stabilizing forces began to take over. The price of Bitcoin Cash has declined by over 5 percent against the US dollar and is now the second-worst performing coin in the top-10, behind Litecoin [LTC]. The market cap of the Bitcoin hardfork is now under $2.2 billion, with the coin’s price down to $124, after reaching $131 just 48 ... (full story)