Published On: Sat, May 12th, 2018

(Despite the Upcoming Hard Fork and Historic Block Size increase, Bitcoin Cash Slide Continues) Bitcoin Cash (BCH) Technical Analysis: May 12, 2018

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Undoubtedly, the crypto market is fighting from an on-slaughter. Bears are baying for blood! Despite their May 15 hard fork, Bitcoin Cash isn’t finding any reprieve and so far it is down 20 percent week over week. In the last 24 hours alone, price erosion exceeds 15 percent. It might be a correction yes, but at the moment it a beautiful Picasso showing how Bitcoin Cash sellers are marauding, staking any attempts of bull pressure.
From the News
Roger Ver, the Crypto evangelist many Bitcoin Core supporters love to hate won’t stop pitching his beloved coin. He still insists that it’s a better currency and therefore a better store of value that Bitcoin Core. Now, if you have been tracking this guy for sometimes then you will realize that this is the umpteenth time he his saying so. Will repetition come to pass someday? Well, maybe, maybe not. What we know for sure is that Bitcoin Cash shall be forking once more.
However, this time since it shall be done at MTP time, there is no need to track block height. We anticipate this upgrade to take place on Tuesday, May 15 and there, the block size would be …

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