Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on the price.

The value of Bitcoin Cash has been on a downward trajectory since the news about the OKEx fiasco unraveled. The sudden fall was followed by a gradual descending price which was currently close to the resistance level at $252.50.

As the value of Bitcoin cash began moving in a narrow range the volatility in the market has reduced and the…

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