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Bitcoin Cash Creates Compelling Bear Opportunities, Hits $219

Bitcoin Cash creates a compelling bear opportunity as the price declined by 0.05% in an hour as we can see from the charts in our bitcoin cash news update. BCH saw a price decline over the past day and now bitcoin cash creates a compelling bear opportunity with the most noteworthy one being the moving average on the hourly chart with the 20-hour moving average which was crossed with the price now being below it. The moving average on the hourly timeframe suggested a choppiness in the price as the 20,50, 100, and the 200 were all mixed which means…

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Bitcoin Cash Plummets To New Lows As Draper Deletes BCH Tweet

Bitcoin Cash plummets to new lows against Bitcoin as the buyer support disintegrated and crashed through support levels as we can see today in our latest Bitcoin cash news. The data from price tickers such as CoinMarketCap confirms that the BCH/BTC pair is now at the worst levels in the coin’s three-year history. 1 BCH purchased is now worth $0.022 BTC which is 92% less than its peak of 0.285 BTC back in 2017. BCH launched as a fork from Bitcoin in August 2017 and enjoyed support from multiple industry figures and businesses. This started to wane as the altcoin’s…

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Bitcoin Cash Hits $1.63 In 24-Hours Timeframe: Price Analysis

Bitcoin Cash hits $1.63 in the past 24-hours, getting the worst out of the top cryptocurrencies to start the day as it traded down by 9.53% so let’s read more in the latest bitcoin cash news. Bitcoin Cash hits $1.63, up by 0.62% today since the last 4-hour candle, marking the 2nd straight candle. Out of the 5 instruments for the top cryptos asset class, BCH ended up at the 2nd place for the four-hour candle in terms of price change which is similar to the last 4-hour candle. The back and forth price flow for Bitcoin Cash started off…

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BCH Price Remains Stuck At $268 As Upgrade Approaches: Analysis

The BCH price remains stuck at $268 with the upgrade being scheduled for November 15 despite the longstanding debate about the fork difficulty adjustment algorithm as we are reading more in the latest Bitcoin cash news. Despite the controversies about Bitcoin Cash, the BCH price remains stuck at the $268 price level with the halving touching the peak price of $503 back in February. Given the fact that the start of the year started a short-term rally on the market, the crash in March came as a surprise since the pressure that was created, wiped all of the coin’s gains.…

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Bitcoin Cash Price Recap Shows Altcoin Is Up To $3.93: Analysis

The Bitcoin cash price recap shows that the altcoin is up to $3.93 on the 4-hour chart which started trading today by 1.39% as we are reading more in the upcoming Bitcoin Cash news today. The Bitcoin Cash price recap shows that the asset increased by 1.35% since the last 4-hour candle marked the 2nd candle in a row that increased. Out of the 5 instruments in the top crypto asset class as BCH ended up as the 2nd place for the four-hour candle in regards to price changes relative to the 4-hour candle. The price movement in the recent…

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BCH Recovery Capped Under $254 With 5% Gains: Price Analysis

The BCH recovery got capped under the $254 level with a 5% gains in a matter of minutes, between the upper line of the 1-hour Bollinger Band as we looking into the latest Bitcoin Cash news. The intraday RSI implies that the coin is quite vulnerable to the downside correction as the coin rallied from $249 to $254 in just a matter of Monday. While the coin stays below the high of $257 on Sunday, it is still moving in the strong bullish trend line in sync with the rest of the market. BCH/USD is still changing hands at $253…

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Bitcoin Cash Breakout Is Imminent But Bulls Are Still Hesitant

A bitcoin cash breakout is imminent all thanks to the price surge in BTC over the weekend as reported in the Bitcoin cash news previously. The BTC/USD pair traded above the $10,000 in the morning taking a few correlated assets with it. Recent reports also indicated that 77% of Bitcoin wallets are profitable despite the fact that the prices dropped below $5000 a month ago. At the same time, they presented a huge buying opportunity which seems to have paid off the traders who were able to secure their positions at the prices. Bitcoin Cash Daily Chart Source: Tradingview The…

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