The Hourly View for BCH
Last Updated June 28, 2021, 06:016 GMT
At the moment, Bitcoin Cash’s price is down $-0.17 (-0.04%) from the hour prior. Bitcoin Cash has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Bitcoin Cash Daily Price Recap
Bitcoin Cash is up 3.83% ($17.6) since the day prior, marking the 2nd consecutive day an increase has occurred. The price move occurred on volume that was down 5.73% from the day prior, but up 69.3% from the same day the week before. Those trading within the Top Cryptos asset class should know that Bitcoin Cash was the worst performer in the class during the day prior. Here is a daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 5 out of the past 10 days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Bitcoin Cash for the past day were:
- From HbarTower:
@gavinlucas110 @pawanrising @hedera Bitcoin SV is a hard fork of Bitcoin Cash and Bitcoin Cash itself is a hard fork of #Bitcoin. So, Bitcoin SV is a grandchild of #Bitcoin! However there are many improvements 😊 But, I have BSV on the radar… and I know they claimed 9K TPS on the network!
- From real__ajay:
My Favourite 10 Cryptocurrency
And You Favourite Please Comment?….1st – Bitcoin
2nd – Ethereum
3rd – Litecoin
4th – Dogecoin
5th – Bitcoin Cash
6th – ShibCoin
7th – Ripple (Xrp)
8th – Cardano (Ada)
9th – Stellar
10th – Tezos
- From StephenSpinola:
Had someone tell me in earnest tonight that he believes BCH is the next big thing and I had no problem telling him he’s out of his fucking mind. I am not certain about a lot of things but I am 1000% certain that Bitcoin Cash is hot garbage that will never be a big thing.
As for a news story related to Bitcoin Cash getting some buzz:
Bitcoin Cash is all of the above and more….Using Bitcoin Cash is the same as rediscovering the freedom of payments, whereas before the individual had to be content with traditional means, today there is no need to wait for these same systems because Bitcoin Cash solves this With Bitcoin Cash, individuals can receive, use or even keep their money at any time of day, 24 hours a week, anywhere in the world….Bitcoin Cash is the future of decentralized digital money, it’s the smart money humanity needs.