Bitcoin will fall to $4000 before any sustained bounce, analyst predicts

Cryptocurrency prices gave up some gains Wednesday with the No. 1 digital currency drifting back below $ 7,000 as bullish traders hold their breath. The swings in crypto prices over the past week have been indicative of the wider market, marked by listless, directionless trade. “The market remains …
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Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets Dip (news.bitcoin.com)

Bitcoin Cash (BCH) has experienced dramatic bullish action recently, gaining over 100% against USD in just three days. As of this writing, BCH is consolidating at approximately $ 3,800 after breaking above $ 4,000 for the first time ever. BCH’s bullish momentum has coincided with a more than 20% drop in the price of bitcoin core (BTC).
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