Now if we zoom out and take a look at the bigger picture, we see that BCH has only completed the primary waves 1 and 2. That means the biggest wave (wave 3) has yet to come. Wave 3 is never the shortest so the price of BCH will at least hit around $4700. Since the crypto-market is so , it wouldn't be unreasonable to target the , giving us a target of $7200.
We might have a truncated fifth wave, and this MAY be the bottom. I'm not so sure where the bottom is, but we are getting close.