The Hourly View for BCH
Last Updated June 25, 2021, 02:016 GMT
Currently, Bitcoin Cash’s price is up $5.17 (1.06%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as Bitcoin Cash has now gone up 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend 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
The choppiness in the recent daily price action of Bitcoin Cash continues; to start today, it came in at a price of 472.65 US dollars, up 6.46% ($28.66) since the day prior. The price move occurred on volume that was down 44.75% from the day prior, but up 14.79% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 5th for the day in terms of price change relative to the day prior. The daily price chart of Bitcoin Cash below illustrates.
Bitcoin Cash Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For another vantage point, consider that Bitcoin Cash’s price has gone down 6 of the previous 10 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Bitcoin Cash:
- From financegrim:
ATTENTION HYPERCREW. Your mechs have discovered a rare cache of new pools on planet Grim.HyperJump:
🚨 BNB-FTM LP
🚨 renBTC-FTM LP (Bitcoin)
🚨 renBTC-ORI LP (Bitcoin)
🚨 renZEC-FTM LP (ZCash)
🚨 renZEC-ORI LP (ZCash)
🚨 renBCH-FTM LP (Bitcoin Cash)
- From spee1111:
If Any1 wants there first bit of Bitcoin Cash just ask. I will send you a bit for free. Then you will feel the magic of Internet money.
- From davidgerard:
“no officer this warehouse full of screaming computers isn’t mining bitcoin it’s bitcoin cash sv(satoshi’s vision) it’s a completely different thing and therefo–“(Boxturret)
As for a news story related to Bitcoin Cash getting some buzz:
Bitcoin Cash grows with you and your business….Bitcoin Cash is cross-border money for everyone, everywhere….Use your money at almost no cost whatsoever with Bitcoin Cash’s micro-fees.