Not a holder of this crypto, but BCH/USD is one of the late bloomers this cycle and is completely poised for launch.
Full 4.236 Fib extension using Coinbase Highs and Lows predicts an absurd value of nearly 18k.
Regardless of chasing 18K, you can see that this crypto is locked and loaded - even with today's price movement it is still under the "spring" and is preparing for launch into orbit imminently. It would not shock me to see it re-testing the previous high a few months ago within 2 weeks, if this does take off I will look deeper and see if it is reasonable to think it will test the previous ATH at 4K from December 2017 some time later this month.
Full 4.236 Fib extension using Coinbase Highs and Lows predicts an absurd value of nearly 18k.
Regardless of chasing 18K, you can see that this crypto is locked and loaded - even with today's price movement it is still under the "spring" and is preparing for launch into orbit imminently. It would not shock me to see it re-testing the previous high a few months ago within 2 weeks, if this does take off I will look deeper and see if it is reasonable to think it will test the previous ATH at 4K from December 2017 some time later this month.
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