Bitcoin Cash (BCH) Up $0.24 On 4 Hour Chart, Started Today Up 3.09%; Price Base in Formation Over Past 90 Days

Bitcoin Cash 4 Hour Price Update

Updated August 01, 2020 07:17 AM GMT (03:17 AM EST)

Bitcoin Cash came into the current 4 hour candle up 0.08% ($0.24) from the open of the last 4 hour candle, marking the 3rd candle in a row an upward move 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 last 4 hour candle.

Bitcoin Cash Daily Price Recap

Bitcoin Cash is up 3.09% ($9.04) since yesterday, marking the 2nd day in a row an increase has occurred. As for how volume fared, yesterday’s volume was up 2.68% from the previous day (Thursday), and up 168.81% from Friday of the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since yesterday in terms of percentage price change. 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 up over that time. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 30 days Bitcoin Cash’s price has gone up 15 them.

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 1MightBePenguin:

    @vakeraj @BitcoinMemeHub @APompliano @rogerkver Did transaction fees not get high when blocks were full?Is Bitcoin not expensive to transact with?Is Bitcoin not slow for payments?Has Lightning Network been declared “production ready” by Lightning Labs?Is Bitcoin Cash not cheap for transactions?There’s no lies here…

  • From James14561598:

    @BTC_Revolution Mine is $DVT it got a hight possibility to give 1000x profit it’s a clone of bitcoin by bitcoin cash
    They give cold rewards 1% monthly
    It’s very cheap now under 8 sat so yu can fill yur bag and wait for the bull run
    #DeVault
    #DYOR

  • From ThinTallTosin:

    I’m still your go-to person if you have Bitcoin and all other altcoins(ethereum, bitcoin cash etc) for sale

As for a news story related to Bitcoin Cash getting some buzz:

My Past, Present, and Future in Bitcoin Cash

Not long after BCH forked from BTC, it was clear to me that Bitcoin Cash was the version of Bitcoin I was most interested in….In my mind BCH represented a movement….I used to think Bitcoin Cash was all about the community, that it was a movement to usher in a new era of economic freedom for the world….Imagine if in 2017 the BTC network had been prepared for the millions of new people that were introduced to Bitcoin for the first time….As of today, I think Amaury is the best person to lead the BCH project….Well I believe the more people use bch the more the price increase so let’s all work together and promote bch.