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The event marked the cryptocurrency’s trend reversal on the shorter timeframe.Bitcoin cash broke out from a double bottom reversal pattern with enormous volume. Several weeks later, volume surged to confirm that bitcoin cash had reversed its long-term trend.In simple terms, buyers have returned in droves. Those who bought the bottom and the breakout will very likely protect their investments.Bitcoin cash is the cryptocurrency market’s dark horse for 2019.
As said here by Kiril Nikolaev