Bitcoin Cash Price Will Head Below $1,000 After Mega-pump Runs out of Steam

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TheMerkle Bitcoin Cash Price CollapseAs was to be expected sooner or later, the Bitcoin Cash price is going through a massive correction right now. More specifically, while the Bitcoin price is surging again, people are ditching BCH as quickly as possible. With a 21.33% drop over the past 24 hours, the Bitcoin Cash price is struggling to remain above $1,000. It is evident this situation may become unmanageable pretty quickly unless something changes. Bitcoin Cash Price Correction is Nasty While a lot of people held out idle hope the Bitcoin Cash price would return to $2,800 this week, that seems increasingly unlikely right now.

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