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BCH Med-term trend

BITFINEX:BCHUSD   比特币现金/美元
Last night, BCH jumped above its resistance lines, triggering the correction that everyone was nervous would be a crash. During the day, the price mostly consolidated, without breaking its trend. This trend has been broken through recently, and it even broke through the newest support line. Expect a large bounce above or at $1k support line.

Bitcoin             Cash's massive weekend rally has shown a weakness in the Bitcoin             Core ( BTC             ) network. Thousands of unconfirmed transactions with unacceptably high fees have caused a lot of capital to flow out of BTC             and into BCH. Unless BTC             can magically speed up soon, BTC             will continue to bleed.

The only reason this hasn't happened sooner was because most people simply HODL their BTC             . It's become asset, not a currency. If transaction confirmations were even a fraction the speed of most alts, this rally simply would not have happened.
that's cool ... so you're saying ... the BCH growth is still there ? (I believe this fundamental idea! ... may be i'm wrong)
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Nice to hear some accurate insight today after all the Blockstream trolls and haters have come out.
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lies
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