Bch is correcting beautifully right now. It’s holding on much better than BTC or any other coin after having such a meteoric rise. This correction, although small is very healthy.
Next run is coming in less than a week and will take us right past $1600 in the blink of an eye. Once smart contracts launch we will be in ATH territory. Then we will get close to .5 BCH/btc which will poise us for flip.
I predicted that bch would hit $4k and correct. Then I predicted that bch would hit $8k EOY but I realize that this is way to conservative. $12k-20k EOY is a more accurate forecast for BCH. $50k EOY is not off of the table, however we need to see how summer pans out before we can extrapolate more specific data.