July 5 (Cointime) - The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. Bitcoin Cash (BCH) experienced a rally of 214% in under two weeks, but a retracement could be risky for buyers. Traders can look to capitalize on a retracement if the market gives one, but they must beware of becoming liquidity before a deeper retracement. The mean coin age declined as BCH rocketed higher on the chart, suggesting that sellers could force Bitcoin Cash lower once more.
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Bitcoin Cash (BCH) Retracement: A Risky Move for Buyers?
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