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Bitcoin Cash price prediction suggests correction will take a halt soon and prices will bounce back.
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BCH price is trading between the 50-day EMA and the 200-day EMA.
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Bitcoin Cash crypto price fell 17.29% in the previous week.
Bitcoin Cash price prediction remains bullish for the long term till it holds $150.00 support. However, for the short term, prices might trade with a mild bearish bias.
BCH price drops below the 50-day EMA showcasing short-term trend has reversed down. But buyers are still defending the 200-day EMA.
Bitcoin cash price performed well in June month and generated unexpected returns for its investors. The positive momentum halted near $339.00 profit booking begins.
From the beginning of July, Bitcoin cash price has been slowly and steadily declining by forming lower low swings. It eroded 50% of its previous gains and returns back to the breakout level.
The recent downfall in BCH crypto is due to the globa
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