Bitcoin Cash (BCH) price is continuing to trade around the $1k mark after recently hitting its one month low of $890 early this week. Market pundits are claiming that the cryptocurrency market has reached the bottom and now expect positive movement for the majority of coins. Indeed, some technical experts are suggesting investors should reduce short positions.
Head of the technical strategy at Fundstrat Global Advisors says, “We think the setup is very attractive here. If you’re short, we think you should be very careful and reducing your short exposure. I think if you’re looking to ...
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