Bitcoin Cash (BCH) Up $2.23 Over Past 4 Hours, Fares the Worst Out of Top Cryptos to Start the Day; Makes Big Move Relative to Past Three Months

Bitcoin Cash 4 Hour Price Update

Updated August 03, 2020 07:20 AM GMT (03:20 AM EST)

Bitcoin Cash came into the current 4 hour candle up 0.77% ($2.23) from the open of the previous 4 hours, marking the 2nd candle in a row it has gone up. On a relative basis, Bitcoin Cash was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous 4 hours.

Bitcoin Cash Daily Price Recap

The end of a 3 day positive run has come for Bitcoin Cash, which finished yesterday down 11.33% ($36.25). As for how volume fared, yesterday’s volume was up 51.14% from the previous day (Saturday), and up 219.48% from Sunday of the week before. On a relative basis, Bitcoin Cash was the worst performer out of all 5 of the assets in the Top Cryptos asset class during yesterday. Here is a daily price chart of Bitcoin Cash.

BCH

Bitcoin Cash Technical Analysis

Coming into today the current price of Bitcoin Cash is sitting close to its 200 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Bitcoin Cash’s price has gone up 6 of the previous 10 trading 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 bobbyong:

    Few years ago, people were busy creating hard forks of Bitcoin and we have dozens of clones like Bitcoin Cash, Bitcoin SV, Bitcoin Gold, Bitcoin Private etc. In 2020, we have YFI and people have forked it into YFII, YFFI.

  • From cryptobuzznews:

    #Crypto Top 5 Vol vs. Circ Supply (24H) by Highest Volume$USDT Tether 39,955.29M of 11,065.83M (361.07%)
    $BTC Bitcoin 2.39M of 18.45M (12.96%)
    $ETH Ethereum 43.27M of 112.01M (38.63%)
    $XRP XRP 13,213.83M of 44,862.65M (29.45%)
    $BCH Bitcoin Cash 11.25M of 18.48M (60.90%)

  • From vinarmani:

    I’m so glad @jeffreyatucker was part of the Bitcoin Cash Fork Day broadcast. What a great talk by him!