Bitcoin (available on Coinbase) Cash (BCH) is the biggest loser among the top ten cryptocurrencies: Bitcoin (available on Coinbase) Cash price lost all the gains that it had generated amid infrastructural developments and analysts bullish bets. It is down almost 25% in the last seven days alone. The coin plunged to the $1,300 range today after touching three months high at the beginning of the month.

The BCH network is now officially upgraded to 32 MB from 8 MB. Combined with other numerous advantages; the upgrading will significantly improve its transaction processing potential.

The upgrade has also enhanced expert’s confidence on BCH potential to become the largest and widely adopted cryptocurrency.

“Bitcoin (available on Coinbase) Jesus” is Bullish About Bitcoin (available on Coinbase) Cash

Roger Ver – known as “Bitcoin (available on Coinbase) Jesus”, was the biggest supporter of Bitcoin (available on Coinbase) over the years. The Bitcoin (available on Coinbase) expert, however, has changed his stance. He now believes Bitcoin (available on Coinbase) Cash is in the better position to lead the cryptocurrency market.

Roger Ver claims that Bitcoin (available on Coinbase) network is “slow, expensive and unreliable.” As a substitute, he suggested Bitcoin (available on Coinbase) Cash offers fast, reliable and cheap transactions. He says BCH network is built mainly for transactions.

The Bitcoin (available on Coinbase) expert stated: “The economic path that Bitcoin (available on Coinbase) cash is on is the one that led to Bitcoin (available on Coinbase)’s original success,” Ver said. “I’m incredibly bullish on Bitcoin (available on Coinbase) cash for the same reasons I was bullish on Bitcoin (available on Coinbase) back in 2011.”

It Will Bounce Back This Year

Brian Kelly, founder, and CEO of BKCM, expects Bitcoin (available on Coinbase) to bounce back sharply later this year. He has also been showing sTron (available on Binance)g confidence in future fundamentals of the fourth largest cryptocurrency. Kelly said he is planning to buy Bitcoin (available on Coinbase) cash on dips.

“Those are the first things traders look at, that I look at, to say, somETHing might be changing here,” Kelly said. “If we get that breakout, you’re looking at higher moves.”

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