August proved to be a challenging month for the cryptocurrency market, with both Bitcoin (BTC) and various altcoins witnessing substantial declines from their peak in July.
Following its peak for the year on June 30th, the price of Bitcoin Cash (BCH) has since seen a decline. However, there are signs suggesting that the correction phase may have concluded.
Bitcoin Cash (BCH) has surged by 260% without experiencing any retracement. However, based on the wave count, there is a possibility of a short-term decline before the price continues its upward trajectory.
