Bitcoin Cash was sold off very quickly to gain some free profits after it's launch. Over the Weekend it looks like Bitcoin Cash hit a support line, just under the 200 Level. The Morning Session of 7th August has seen an increase in price, and now Bitcoin Cash is heading towards the 300 Level. This is hopefully just a pull back before the decline continues.
There is speculation that within a month or so, Bitcoin Cash could be worthless, but with more and more Wallets and Brokers accepting the new Currency, and adding it to their list of Instruments, I feel that Bitcoin Cash may become more stable, but fingers crossed it will crash out and allow Bitcoin to do its thing.
