Understanding BCH Ratio Pairs - This is why BCH is about to explode Upwards in fiat value
I bought in at $700 USD ... but mainly because the LTC/BCH, BTC/BCH and ETH/BCH “all time” charts made it obvious the ratio on all three is going to correct violently causing a massive surge in the fiat value of BCH.
You can see this for yourself:
Go to coinmarket cap, set charts to “All Time”
Set your crypto in options to LTC then look at BCH chart priced in LTC
LTC/BCH — Saturday was close to historic lows for how few LTC’s buys 1 BCH at around 2.8 LTC = 1 BCH (has moved up to 3.30 today, still super low). The average price on the chart shows is way higher. During bull runs 10 - 16 LTC = 1 BCH
3.. Reset Crypto in options to BCH
BCH/ETH - At a historic high for how much BCH it costs to buy ETH. 2.5 BCH = 1 ETH on the charts. Average historical price around 0.7 BCH = 1 ETH
BCH/BTC - At a historic high for how much BCH it costs to buy BTC. 67 BCH = 1 BTC. Average historical price under 40 BCH = 1 BTC
When these sky high ratios correct, the fiat price of BCH will explode upwards.
I’ve been trading off crypto pairs for awhile now and learned the magic of understanding ratios. What you come to understand is that Historical ratio averages on crypto pairs rarely lies unless you buy into “it’s a new paradigm” garbage.
BCH fiat value is about to explode upwards IMHO.
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