Bitcoin cash chart resembles a OTC stock pump and dump IMO

in bitcoin •  7 years ago 

Bitcoincash.JPG

I was doing some of my daily browsing and stumbled across this chart from coindesk.com. I had expected bitcoin cash to trail off slowly, but surely since the hash rate had been adjusted, but this chart now looks more lice a classic OTC pump and dump. If cash continues to hold that level of support shown there in the image, it might actually be due for a bounce soon, which would give a small profiting window. Something to keep in mind!

Image is from coindesk.com

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!