Bitcoin’s expected SegWit2x hard fork did not materialize, which led to large-scale dumping of the cryptocurrency. This awakened the sleeping giant, Bitcoin Cash, which surprised everyone with its huge vertical rally.
Instead of Ethereum flippening Bitcoin for the leader’s position, Bitcoin Cash flipped Ethereum to take the second spot. However, gravity caught up with Bitcoin Cash helping Ethereum regain its number two spot.
Meanwhile, experts continue to provide bullish forecasts for Bitcoin, both for the short-term and the long-term.
Let’s see, what do the charts forecast…