Home Forex Bitcoin Cash (BCH) Up $0.32 On 4 Hour Chart, Underperforms All Top Cryptos to Start the Day; Price Base in Formation Over Past 30 Days

Bitcoin Cash (BCH) Up $0.32 On 4 Hour Chart, Underperforms All Top Cryptos to Start the Day; Price Base in Formation Over Past 30 Days


Bitcoin Cash 4 Hour Price Update

Updated July 18, 2020 01:35 AM GMT (09:35 PM EST)

Bitcoin Cash entered the current 4 hour candle at $223.12, up 0.14% ($0.32) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 2nd since the last 4 hour candle in terms of percentage price change.

Bitcoin Cash Daily Price Recap

Bitcoin Cash came into today down 0.66% ($1.48) from the open of the day prior, marking the 5th day in a row it has gone down. This move happened on lower volume, as yesterday’s volume was down 34.18% from the day before — and down 27.85% 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. Below is a daily price chart of Bitcoin Cash.

Bitcoin Cash Technical Analysis

Coming into today the current price of Bitcoin Cash is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone down 9 out of the past 14 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Bitcoin Cash:

  • From crypto_bobby:

    Yesterday’s crypto hack kind of reminds me of when that Bitcoin Cash dev stole an Army tank and took it for a joyride

  • From CryptoKelso:

    The stepping-on-own-dicks ability of vocal segments within the Bitcoin Cash community is astounding. Jumping to conclusions. Cloak and daggering. Sandbagging friends and fellow travelers. If nothing else, it will serve as a legendary crypto cautionary tale for Cardano-ites.

  • From SkyHODL:

    @rogerkver Bitcoin = Satoshi Nakamoto White PaperSo as such, #Bitcoin is Bitcoin Cash (#BCH)While Bitcoin Core is a shitcoin that no longer follows the Original White Paper. “Bitcoin Core” should NEVER be called Bitcoin. It’s simply ‘Bitcoin Core’, ‘Bitcore’ or ‘BTC’Plain and Simple

As for a news story related to Bitcoin Cash getting some buzz:

Bitcoin Cash for beginners

I am also new to bitcoin cash glad i saw this article😀 thumbs up👍 Thanks for this information!…Thank you sir😍 Thank you @Cain for this useful and informative article….This article is very informative….But this article of yours really help me to understand and know more about BCH….Thank you so much @Cain for always sharing information about BCH and why it has always been the real thing!…Thanks sir for share this article with us.

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