Bitcoin Cash (BCH) Up $4.09 On 4 Hour Chart, Underperforms All Top Cryptos to Start the Day; Entered Today Down 0.9%

Bitcoin Cash 4 Hour Price Update

Updated September 12, 2020 07:17 PM GMT (03:17 PM EST)

Bitcoin Cash closed the previous 4 hours up 1.82% ($4.09); this denotes the 2nd consecutive candle an increase has occurred. Out of the 5 instruments in the Top Cryptos asset class, Bitcoin Cash ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.

Bitcoin Cash Daily Price Recap

225.4 (USD) was the opening price of the day for Bitcoin Cash, resulting in the previous day being one in which price moved down 0.9% ($2.05) from the previous day. The price move occurred on volume that was up 14.27% from the day prior, but down 55.45% from the same day the week before. Those trading within the Top Cryptos asset class should know that Bitcoin Cash was the worst performer in the class during the previous day. Let’s take a look at the daily price chart of Bitcoin Cash.

BCH

Bitcoin Cash Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For another vantage point, consider that Bitcoin Cash’s price has gone up 15 of the previous 30 trading days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Bitcoin Cash:

  • From btcfork:

    Why are there so many alt-coins?Because that’s where you can “move fast and break things”.That’s where you don’t need to convince existing holders / investors that your proposal has real merit.If you want to improve a top coin like Bitcoin Cash, the bar is higher.#BCH

  • From btcfork:

    @TobiasRuck @0___9____01 @CollinEnstad Anyone who invested in and operates on Bitcoin Cash and is not a crony to ABC’s or whitelisted for its 8% distribution / Y-combinator plans.Miners: get to lose 8% of coinbase rewards to ABCAll users: get reduced security on chain as miners leave for other coins(cont…)1/

  • From siggebaskero:

    @KevinSt58399754 @Tedung3 @TCyberpunk @DGBAT_Official Digibyte is so much more than micropayments. LTC has basically stopped development. Doge is nothing more than a meme. Do you really want to f├ątt Bitcoin Cash on the same level as DigiByte?