Bitcoin Cash 4 Hour Price Update
Updated September 23, 2020 11:19 PM GMT (07:19 PM EST)
Bitcoin Cash is down 0.37% ($0.78) since the last 4 hour candle, marking the 3rd consecutive candle a decline has happened. Bitcoin Cash outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.
Bitcoin Cash Daily Price Recap
Bitcoin Cash’s 3 day negative streak has officially concluded, as the candle from yesterday closed up 3.5% ($7.45). This move happened on lower volume, as yesterday’s volume was down 27.64% from the day before — and down 59.07% from the same day the week before. Bitcoin Cash outperformed all 5 assets in the Top Cryptos asset class since yesterday. Below is a daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
Coming into today the current price of Bitcoin Cash is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Volatility for Bitcoin Cash has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 8 out of the past 14 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 jokoono:
@Satoshis_Dragon @MintGox @walletofsatoshi @CoinCards Of course it is an issue. Does it need to be worked on? Yes.
Does it kill lightning? Hell no.Your arguments are the same shitcoiners bring on when they say ‚I use bitcoin cash with no problem‘.
There would be no lightning today if issues would have been disregarded like this.
- From coinward:
@rogerkver Bitcoin is peer to peer electronic cash. Bitcoin Cash is a cheap ripoff stealing brand recognition to get pry away Bitcoin from those who don’t know better
- From JohnMilanSebik:
Aside from two variants of Bitcoin Cash, the only completely ‘new’ addition to the top 10 in 2020 is Chainlink (LINK). A decentralized oracle network built on Ethereum, Chainlink’s compelling use case, active developer community, stream of impressive partner announcements in 2020
In terms of news links for Bitcoin Cash here’s one to try:
BCH has tokens….DeFi works on BCH….BCH has it all….Bitcoin Cash is both a SoV and MoE; or, better put, it was designed to be both on purpose….And though BCH was attacked on every front in its short history, it’s now the perfect moment to unite MoE and SoV by way of sealing the go of Bitcoin Cash: hard money tech….Bitcoin Cash is readying to be world money.