Bitcoin Cash 4 Hour Price Update
Updated September 13, 2020 11:17 PM GMT (07:17 PM EST)
The end of a 4 four-hour candle negative run has come for Bitcoin Cash, which finished the last 4 hour candle up 0.15% ($0.33). Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since the last 4 hour candle in terms of percentage price change.
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 230.17 US dollars, up 2.12% ($4.77) since the day prior. This move happened on lower volume, as yesterday’s volume was down 46.05% from the day before — and down 82.69% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 3rd for the day in terms of price change relative to the day prior. Below is a daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For another vantage point, consider that Bitcoin Cash’s price has gone up 8 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Bitcoin Cash:
- From BCHcain:
The best possible outcome: ABC has 100% of the hash, the price of the coin goes up due to less market uncertainty, and ABC uses the funds to1) Find talented devs that build a career scaling Bitcoin Cash and turning it into world money2) Invest in profit-seeking BCH businesses
- From BlockchainPoker:
@1MightBePenguin @reardencode @psyburr @dogo86992335 @jeffreyatucker @YouTube BTC miner policy makes it easier to double spend than on BCH. In addition to this, there’s also the possibility of txs being dropped on BTC if the fee isn’t high enough, requiring us to wait until it’s in a block.Bitcoin Cash doesn’t have these issues.
- From GeorgeDonnelly:
@BitcoinCashNws @rogerkver90 @blockblanc @YokooAkane @ppinternational Thanks for sharing your thoughts!>Thank God in the Bitcoin Cash Community we do not censor anyone like they do in r/BTCYou mean r/bitcoin here I suspect