As long as BTC holds the 20 week SMA, The flag formation will hold! If BTC recovers back above 55,000 it could be very bullish for BCH. Look for a potential breakout on Bitcoin Cash if BTC starts rising again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.