Bitcoin Cash (BCH) Closes Last Hour Up $0.73; Heads Up For the 2nd Consecutive Day, in a Downtrend Over Past 90 Days

The Hourly View for BCH

Last Updated July 23, 2021, 04:016 GMT

At the moment, Bitcoin Cash’s price is up $0.73 (0.16%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 20 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

Bitcoin Cash came into today up 2.75% ($11.85) from the open of yesterday, marking the 2nd consecutive day it has gone up. The change in price came along side change in volume that was up 117.66% from previous day, but down 22.68% from the Thursday of last week. Out of the 7 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 3rd for the day in terms of price change relative to yesterday. Below is a daily price chart of Bitcoin Cash.

BCH

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 8 of the previous 14 trading days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Bitcoin Cash for the past day were:

  • From BitcoinCashCom2:

    The wonderful thing about Bitcoin Cash is that I don’t have to deal with banks asking why or who I am sending my own money to. I like to send $5 to Hamas to buy one of these terrorists a hamburger, what you gonna do about it? If you piss me off, I will buy them milkshakes too.

  • From zndtoshi:

    @PrestonPysh @FossGregfoss @DavidBCollum that would create a hard fork (like what happened with Bitcoin Cash) you would get the same amount of coins on the second network and you can wait out to see what everyone trades for. Eventually one network will come up on top again.

  • From justgrowitnow:

    @jvinsant11 @Dogecoinrich Oh ok.. and 10 years ago was it impossible for bitcoin to reach the levels we are at now?? No it was impossible. Same for eth… same for bitcoin cash.. same for any other MADE up crypto. It’s only impossible until it happens ….

In terms of news links for Bitcoin Cash here’s one to try:

I am building my house using Bitcoin Cash

Bitcoin Cash works and I know that……Bitcoin Cash works in real life and is helping a lot of people achieve their dreams….Thanks🙏 I an glad that you liked it, i hope to inspire many to work hard to fulfill their dreams using BCH You certainly do….Hopefully me too, I can able to build a house using bch….Just believe and you can do anything using BCH Yes thank you so much BCH really works if we are also willing to work for it just like what you did sir….I hope it will really help people to get inspired and see that BCH works without a doubt Congratulations!