The Hourly View for BCH
Last Updated February 17, 2021, 00:016 GMT
At the time of this writing, Bitcoin Cash’s price is up $7.48 (1.06%) from the hour prior. This is the 3rd consecutive hour Bitcoin Cash has seen its price head up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 50 hour moving average has been crossed, with price now being above it. 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’s 4 day positive streak has officially concluded, as the candle from the day prior closed down 1.01% ($7.27). As for how volume fared, yesterday’s volume was up 12.32% from the previous day (Monday), and up 61.25% from Tuesday of the week before. Bitcoin Cash outperformed all 7 assets in the Top Cryptos asset class since the day prior. The daily price chart of Bitcoin Cash below illustrates.
Bitcoin Cash Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Bitcoin Cash’s price has gone up 10 them. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.
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 birdbath:
went out only to get harassed by some tiktok wannabe dude for talking to his lady when she asked me if i was tripping bc of my odd movements & i explained it was the dxm/whiskey + obscure yoga practices, then i come home to hatemail for saying bitcoin cash is superior to bitcoin.
- From stageanalysis:
Started a little crypto pension account for myself over the last few weeks. Initially portfolio weights are:Ethereum: 50%
Bitcoin Cash: 5%
Ripple: 5%Aim is to add to it every month similar to my work pension. Very small to start though.#bitcoin
- From GeorgeDonnelly:
Bitcoin Cash aims to be a decentralized peer-to-peer value transfer system that will flippen BTC and be universally recognized as the real Bitcoin. The only question now is when you’re joining us.
As for a news story related to Bitcoin Cash getting some buzz:
Prize: 20 BCH Onboard the greatest number of people to Bitcoin Cash and win this prize….Prize: 20 BCH Onboard the greatest number of merchants to Bitcoin Cash and win this prize….Now you can do that with Bitcoin Cash….Work on Bitcoin Cash?…We are interested in onboarding people to Bitcoin Cash everywhere….Bitcoin Cash is onboarding 1 million new users in 2021 and here is your chance to profit through 100 BCH in prizes, business-building, mentoring and more.