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Bitcoin Cash (BC) has maintained a positive outlook over the past few days as bulls and bears struggle for control over the broader crypto market. Its growth suggests the bulls currently have the upper hand in the altcoin even while the broader crypto market shows a 0.7% decline.
Bitcoin Cash (BCH) has surged by 36.5% in the past three-days after EDX, the exchange backed by Fidelity, Schwab and Citadel, listed it alongside bitcoin (BTC), ether (ETH) and litecoin (LTC).
Bitcoin cash started a strong increase above the $115 and $120 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours).
Taking a look at the price charts of the three crypto assets Bitcoin Cash (BCH), PEPE and LTX, it is easy to see that over the past 7 days, all three have followed the general bullish trend of the crypto market.
Bitcoin Cash skyrocketed to March highs and shifted the higher timeframe structure to bullish as well in a market unfriendly to altcoins.
Bitcoin Cash (CRYPTO: BCH) is trading higher by 22.65% to $134.84 during Wednesday trading. The altcoin is trading higher amid strength in the price of Bitcoin following BlackRock's Bitcoin ETF application.
The crypto market entered an upward trajectory in the past 24 hours, with most coins, including Bitcoin Cash (BCH), making notable price moves. Speculations and anticipation around BlackRock's spot BTC application, and the recent WisdomTree and Invesco filing, could be driving the surge.
Bitcoin has brought the rest of the market with it as it closes in on $30,000, as altcoins follow in its wake.
Following a downturn that compounded investor angst, the broader crypto market has embarked on a recovery campaign, with bitcoin cash (BCH) leading the charge. This recovery is geared towards reclaiming the losses of the past week.
Bitcoin Cash (BCH) jumped 21% over the last 24 hours to $127.90 at press time, with analysts attributing the move to its recent listing on legacy-backed exchange EDX. Bitcoin Cash Bitcoin Cash soared as high as $142 on June 21 to mark a 16-week high.
The crypto market is on a bullish recovery course today, with the combined market cap jumping by a massive 6%, now pegged at $1.13 trillion. Bitcoin Cash (BCH) is by far the altcoin capitalizing on the growth, having soared as high as 24% over the past 24 hours to $131.99.
Today, on June 21, the majority of crypto assets are displaying notable gains, with prices deep in the green, as their prices soar and trend firmly in positive territory.
BCH broke its downtrend and the price quickly moved higher. Key Support levels: $122 Key Resistance levels: $140, $155 With the breakout confirmed, BCH managed to spike by 30% in a short amount of time as buyers rushed to get exposure.
The cryptocurrency market soared today and Bitcoin is leading the way. Altcoins are slower to follow but are also in green.
With the major cryptos struggling for traction amid competing news items, speculators may consider the underappreciated assets.
As the crypto market holds its breath, one company is readying to drop a bombshell that could echo through the corridors of digital currency. On July 1, Celsius Network, a now-bankrupt crypto lender, plans to sell off a staggering $215 million in altcoins, marking an unprecedented liquidation.
Bitcoin Cash (BCH) price has rebounded above $100 after briefly dropping below the milestone support level on June 10. On-chain data shows that the media and concerned stakeholders still appear focused on capital flowing from altcoins to BTC and ETH.
Bitcoin cash is attempting a recovery wave above the $100 resistance against the US Dollar. The price is now trading below the $110 zone and the 55 simple moving average (4 hours).
For the past four weeks, Bitcoin Cash has been treading on the thin line of the Golden Ratio support level. Should this line fracture under bearish pressure, we might see the price take a substantial dip.
SEC Chairman Gary Gensler confirmed to institutional investors in 2018 that BTC, ETH, LTC, and BCH are not securities.
Bitcoin cash price started a fresh decline from the $117 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours).
Bitcoin Cash (CRYPTO: BCH) is trading lower by 6.37% to $108.30 Monday afternoon amid broader weakness across cryptocurrencies. Shares of several altcoins are trading lower after the SEC sued Binance over U.S. securities violations.
Bitcoin cash is attempting a recovery wave above the $112 resistance against the US Dollar. The price is now trading above the $114 zone and the 55 simple moving average (4 hours).
These cheap cryptos with huge growth potential will likely deliver outsized gains in the next crypto rally.
