05 Jan Why a Technical Analyst Believes Bitcoin Cash (BCH) Will Surge by 80%
[ad_1]
Those who held Bitcoin Cash (BCH) during its meltdown in the latter half of 2019, there may still be time to generate enormous gains.
Famous crypto analyst DonAlt on Friday discussed the bullish prospects of the fifth-largest blockchain project by market capitalization. The trader said he expects the BCH-to-dollar exchange rate to hit $380 in 2020, revealing that he would open a long position towards the said upside target.
$BCH
This is starting to look very promising.
I’m bullish, long and expecting quite a bit higher. pic.twitter.com/qpplId7O0s— DonAlt (@CryptoDonAlt) January 3, 2020
The statements followed BCH’s impressive gains in the spot market during the Friday session. The cryptocurrency soared by up to 11.11 percent, or $21.66, as the US killed a top Iranian military official, Qassem Soleimani, in an airstrike. The event sent investors looking for haven assets, which pushed the prices of gold and oil higher.
The upside sentiment further crept into the crypto market. Eight…
[ad_2]
Source link