. Friday is the freaking weekend it's the fifth day of the week. We are at number five bitcoin cash with the ticker bch. So for bitcoin cash against bdc. You know we were expecting uh bitcoin cash to uh fall down. The uh following channel yeah and we're still falling down the channel so yeah we did a sneaky, though we are sneaking out of the falling channel. So i don't know if things are going to get bullish from here right. The hard fork is really coming and the hard work is uh coming on the 15th of november. How do you find out when – or you know, when exactly the hard part is happening – go to coingecko.com right click on bitcoin cash? So after you click on bitcoin cash, you will have bch helping and when you click on it there will be a countdown timer. So you can see this uh. No sorry it's, not busy h how we it is uh uh uh is there's a hard fork coming. Yeah, sorry dude: what are you talking about? Yeah there's, a busy hr, 4 coming and um? Let me see if i can find it bch hot vch yeah. You can see it once you do a search. You can find just just clean the keywords: bch hard fork, and then you can sit on the second search result. Bitcoin cash faces a new hoth on november 15th, uh exactly at one time, uh i'm, not exactly sure, i'm, not sure.
Maybe if you count down 2020 yeah, you can find it here uh. No, this is actually uh. 15Th. You have to enter the dates, i think 15 november november, when was november altcoins halvings countdown timer coindance. Yes, i think it's coindense cash.coin.danes so yeah. Here we go cash.coin.dance in 30 days and five hours right 15th of october. Today is the 16th of october. So exactly 30 days, exactly in one month's time, you're going to see bitcoin cash, uh uh have a hard fork, and so it is going to split the community. Sadly, but life goes on, and this is just how things are right: uh, so yeah that's, the beauty of cryptocurrency, i mean of bitcoin cash in the sense that uh you have freedom, you don't like it. You leave right, and so there you go um anyway. There'S. Nothing much to do for bitcoin cash against bdc, we don't know if things are going to turn positive anytime soon. It doesn't really feel like it at all um if we could break the falling wage and then if you could stay above the falling wedge right and after that, if we could, you know, break up break out. That would be great, but i think uh. If bitcoin cash were to split again, then i think it is. The value is going to drop more likely than not a bitcoin. Cash'S value is going to drop right because you're splitting the network effect as well.
So if you could uh go back in time right if you go back in time, you see h, b c h, you go to bitcoin cash usd right. If you look at bitcoin cash uh when bitcoin cash split with uh bitcoin sv, there was a very, very huge uh fall that came in in two zero one. Eight. I think it it's two zero, eight, if i'm, not wrong yeah. So there was a very big big fall that came in, and so it pulled the entire cryptocurrency markets down as well so yeah. I think the same thing could be happening uh over here for bitcoin cash against ufc. I i don't know if things are going to be positive or not for bitcoin cash. I just don't uh, have any uh clear chart patents for bitcoin cash, yet uh, and so you know, like i was saying, i'll – be very, very careful about going to a trade too soon, because we still don't know what's happening for bitcoin cash, uh. Sure things could just start turning bullish out of nowhere right. You know it could just start rising higher, but i would like to see it on the chart pattern first before doing anything, because, right now, just by looking at bitcoin cash against bdc there's, just no positive moves coming in for bch, not at this point of time. So uh be very careful about going to a trade too soon. I still feel that uh, eventually uh bitcoin cash should rise back up, but the only question is when right and so as a technical analyst, my number one priority is to wait for it to appear on the charts first before doing anything right, we're going to be Patient and we're going to wait for it all right, let's go on to bitcoin cash against usd, but before that, please give this video a like.
If you enjoyed it subscribe to the channel – and let me know what you think about bitcoin cash in the comments below um so for bitcoin cash against usd – you know this actually does look like a head and shoulders to me right. This could be a left shoulder. This could be a head. This could be a right shoulder and things could drop much much lower right, so um yeah again, we are still unsure of what's going to happen right uh i mean, of course we could rise all the way back close to the top. Here we could resume our bullish momentum, we could form uh valleys here and then we could spike out from here right after we formed valleys palm, we break out that'll be great. If that happens, but yeah, we still need to see some positive moves coming first, because if bitcoin cash starts dropping from now, then you're more likely than not, we should be dropping lower, otherwise yeah. We we just have to wait for the chart pattern to complete right now, there's, just nothing, much that we can do you know, except to be patient uh, and to wait for the bitcoin cash wheels too to yeah. I think all right, so i guess that's it for my bitcoin cash technical analysis. Thank you very much for watching. I hope you enjoyed it.