Bitcoin Cash 4 Hour Price Update
Updated March 19, 2020 05:34 AM GMT (12:34 AM EST)
Bitcoin Cash’s 4 four-hour candle positive has officially concluded, as the candle from the last 4 hour candle closed down 3.33% ($6.17). On a relative basis, Bitcoin Cash was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the last 4 hour candle.
Bitcoin Cash Daily Price Recap
Bitcoin Cash came into today up 0.88% ($1.61) from the open of the day prior, marking the 2nd day in a row an upward move has occurred. This move happened on lower volume, as yesterday’s volume was down 36.48% from the day before — and down 1.72% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 4th since the day prior in terms of percentage price change. 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 another vantage point, consider that Bitcoin Cash’s price has gone down 17 of the previous 30 trading days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!
Overheard on Twitter
Over on Twitter, here were the top tweets about Bitcoin Cash:
- From georgedonnelly:
@nebraskangooner Bitcoin Cash is the Bitcoin that actually works.Use @localbitcoincom to buy and sell, no KYC
- From JlMoriart:
@nebraskangooner The Bitcoin Core developers have made transactions slow and expensive *on purpose*. This was never how Bitcoin was supposed to work, and is why Bitcoin Cash forked away from Bitcoin Core. BCH still has cheap, fast transactions, like Bitcoin was always supposed to. @chaintip
- From sabotagebeats:
@eatmykarbon @marco_peereboom Bitcoin Cash doesn’t count