Bitcoin Cash Consolidates above $180 as Price Movement Remains Stagnant
Bitcoin Cash (BCH) is moving sideways after the May 12 plunge. The upward correction was like a price spike that reached $240 resistance and retraced.
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Bitcoin Cash (BCH) is moving sideways after the May 12 plunge. The upward correction was like a price spike that reached $240 resistance and retraced.
Post an up-channel (yellow) oscillation for over three months, it has more or less been a bear show in the Bitcoin Cash [BCH] market. An expected up-channel breakdown on 30 April set BCH in a bearish motion for nearly a month now.
BCH P0ises for downing– May 22The depression weight on the BCH/USD market operations appears not getting a reduction by now as it closely noticed that [...]
The improvements made by the Bitcoin Cash hard fork
What's the outlook for the Bitcoin Cash price? We explain whether BCH is a good buy now and what we should expect next.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin Cash has a +0.99 price correlation with Bitcoin, which meant that the movement of Bitcoin Cash on the charts pretty much follows the movement of Bitcoin. This could be bad news for Bitcoin Cash […]
Bitcoin Cash (BCH) is in a downtrend after the cryptocurrency fell sharply to a low of $150 on May 12. The May 12 candlestick showed a long, protruding tail indicating support at $150. The long tail indicates that there is strong buying pressure at the current support.
As the broader market crashed all the way down to the $1.2T-mark over the last week, HODLers have been trying to stall the sell-off situation. But, they still need to inject higher volumes to sustainably modify the broader outlook in their favor.
Is the BCH price recovering or is a bigger drop on the way? Here is the Bitcoin Cash price prediction for the weekend.
Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.
The recent market-wide liquidations kept the broader sentiment within the bonds of ‘extreme fear' for a week now. Bitcoin Cash, Uniswap, and Stellar were susceptible to this sentiment as they took a significant plunge towards their yearly lows over the past two days.
The price of Bitcoin Cash (BCH) is in a downtrend after falling past the previous lows of January 2022. Currently, it has fallen to the low of $210 and has recovered. The current decline has reached the oversold area of the market.
Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade. Programmed to happen on May 15, the Bitcoin Cash Improvement Proposals (CHIPs) approved to be included are CHIP-2021-03, which brings bigger script integers to the chain, and CHIP-2021-02, which has to do with the activation of native introspection opcodes, directed to simplify […]