And the winner of today is Bitcoin....wait for it Cash.

BCH is trading at 312.94$ up 10.5% in just 24 hours. About time that we take a look into Bitcoins small brother.

For that I picked the 1 week chart because it still nicely shows the top of Bitcoins last bullrun.

As can be seen in that chart BCH took a nosedive on November 26th, down all the way just under the 250$ mark.

Fundamentals: 

• Bitcoin Cash is the most prosperous hardfork of Bitcoin that happenend on the 1st of August 2017.
• 2018, Bitcoin Cash split into two cryptocurrencies: Bitcoin Cash and Bitcoin SV
• To address scalability issues of Bitcoin BCCH increased the block size limit to 8mb in order to make transactions faster without needing expensive fees.
• BCH were distributed to all holders of BTC at the time of forking.

Community: 

I took a quick look at  Bitcoin Cash reddit and found almost 57000 members, that is impressive for a Bitcoin fork.

On telegram I found a group that is offering Bitcoin Cash News and another group with each ~16000 followers

Outlook:

A new Bitcoin All Time High is in. Bitcoin Cash is following suit and it should only be a matter of time when we see the asset climbing back up to 400$. The outlook is extremely bullish as the Altcoins seem to grow with Bitcoin in this bullrun.

Please checkout my Crypto-Picks right here

https://www.publish0x.com/crypto-picks

Check out Cryptonews Blog here

https://www.publish0x.com/cryptography-news

And if you are interested in travelling follow me and my girlfriend around Australia right here

https://www.publish0x.com/australia-2020

Just remember this is no financial advice.

Chris aka Goodsoul

Always happy for tips,likes and follows

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