 is rich from Rich TV Live. Recently I've been watching Bitcoin Cash very very carefully and I've been telling everyone that I thought it was highly oversold and it was going to be ready for a breakout and that's exactly what has happened here. So as you can see we were at $604 on April 6th. Now here we are on April 23rd and today we are all the way up to a ridiculous $1400 and $5. So in a very short period of time we have seen huge explosions in this cryptocurrency. Now the question is why and how long will it last? So that's ultimately kind of like the question right now. We're trying to figure out the answer. We're trying to figure out and my opinion my prediction is that Bitcoin Cash will be 30% roughly a little bit less sometimes a little bit more of the price of Bitcoin. So if we see Bitcoin explode further and I mean it hasn't really exploded it's gone up but it hasn't exploded the way Bitcoin Cash has. Bitcoin Cash has more than doubled as you can see here. In the last they've more than doubled. They've gone from $600 to $1,404 right now. In the last three weeks okay in less than three weeks and they've done it with a lot of momentum with a lot of buying pressure. The lines here you see the indicators here are the MACD okay. So you can see the buying pressure as the see all the way up all the way up came down a little bit got shorted up again up again down up so there's a lot of buying pressure up here okay. Now these lines here these indicators are the indicators that I use that I build in to the software that I use and these are called the Bollinger Bands okay. Now the Bollinger Bands as you can see they've been pointing up up up up up up you know kind of sideways up sideways and now an explosion right up up again up again and up some more now if you look at the lines here you can see the green line is pointing right up the red line is pointing right up the MACD shows the blue and yellow lines kind of coming down right now which is kind of concerning so I think it might be highly overbought right now however when it was at 600 it was highly oversold. Bitcoin Cash is going to be more and more used and readily used every single day it is going to be a major player long term I believe in my opinion now remember Rich TV Live is strictly for education and entertainment purposes we are not licensed advisors okay we are strictly just people like you that are learning about cryptocurrencies that are excited about cryptocurrencies and I actually own quite a few cryptocurrencies and my strategy has been to accumulate the best cryptocurrencies now I own three of the top four I own Bitcoin, Ethereum and Ripple now as you can see Bitcoin Cash is number two and they're up 18% they're at $1400 I have not been accumulating Bitcoin Cash I feel very frustrated about the fact that I didn't I knew that at 600 they were at a good price but I have been focused on Ripple, Ethereum and Bitcoin so I'm still okay I feel happy about that I just feel frustrated that I knew that Bitcoin Cash was highly oversold at 600 and I just knew that they were going to hit a bottom at some point and unfortunately because I was focused on other assets I did not buy any Bitcoin Cash but I think Bitcoin Cash long-term has huge potential if you believe that Bitcoin could reach 100,000 one day which I believe it could then there's a very good chance there's a very very good chance that Bitcoin Cash could be as high as 10, 20 or 30,000 but they're at 1400 right now they're up 17% of the day I would not be chasing this or any investment I like to wait until it's in the red but I believe that crypto is turning around the indicators are showing it they are pointing up we are starting to see more explosions every single day in the marketplace okay every day in the marketplace we are seeing companies go up 84% like Z classic today up 84% bit send up 26% there are quite a lot of winners every day right now which is very similar as you can see Bitcoin Cash is on that list which is very similar to the momentum the weight started last spring so if this trend continues I expect Bitcoin Cash to continue to grow and continue to rise further now I would not be buying something in the green I would wait until a day that they are in the red but definitely keep Bitcoin Cash on your radar keep them on your watch list they have been a huge winner over the last couple weeks quietly secretly silently going up from look at this chart $600 they're at on April 6th I showed you and today on April 23rd at $1400 this is rich from Rich TV live remember if you're not winning you're not watching we are giving you the analysis we are educating you we are entertaining you absolutely free all you got to do is follow Rich TV live if you like this video please smash that like button if you haven't subscribed please I would love for you to subscribe we give you updates 24 hours a day seven days a week on all the top trending topics in the industry thank you for watching if you would like to comment or have a cryptocurrency analyzed please comment down below I would love to see some of your picks if you think that this is a good pick please let me know if you think that this is highly overbought and it's going to come down please let me know but this chart right now looks like a thing of beauty look at that I love it Bitcoin Cash a big winner you heard it here again I've told you since day one how much I love Bitcoin Cash when it first came out at $200 today they're at $1400 USD for one Bitcoin Cash token it's true and you heard it here first from your boy Rich bringing you the analysis bringing you the truth absolutely free thank you for watching have a great day this is your boy Rich and I'm out peace