Bitcoin Cash (BCH) Closes Prior Hour Up 1.05%; in a Downtrend Over Past 14 Days, Heads Down For the 4th Straight Day
This is a reversal of the price action on the previous hour, in which price moved down.
Bitcoin Cash
(Last Updated February 24, 2021)
Welcome to the news page for Bitcoin Cash (BCH). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
If we observe the 90 and 30 day timeframes, we see an uptrend in place for BCH.
BCH Moving Averages
BCH’s moving averages suggest the trend on a number of time horizons is bullish.
The chart below illustrates.
The View From the Weekly Timeframe
At the moment, BCH’s price is down $-164.23 (-24.12%) from the week prior. Moreover, note that this move is a reversal from the week prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows BCH’s price action over the past year.
Bitcoin Cash (BCH) Closes Prior Hour Up 0.03%; in an Uptrend Over Past 90 Days, Moves Down For the 4th Straight Day
2 price action traders may also wish to note that we see a pin bar candlestick pattern on bitcoin cash.
Bitcoin Cash (BCH) Closes Prior Hour Up 0.04%; 2 Day Down Streak Snapped, in an Uptrend Over Past 30 Days, Pin Bar Pattern Appearing on Chart
It has the same attributes as bitcoin but scales onchain so fees are less than a penny.
Bitcoin Cash (BCH) Price Near $530.29; Heads Down For the 2nd Day In A Row, But Still in an Uptrend Over Past 30 Days, Breaks Below 20 Day Average
Big admirerwe @handcashapp ran away from bitcoin cash due to all the political fighting between developer groupscan’t afford frequent breaking changeswish you the best, we still have love for the people that helped us back thenglad to see them getting a big name!
Bitcoin Cash (BCH) Closes Prior Hour Down -0.74%; in an Uptrend Over Past 14 Days
Out of the 7 instruments in the top cryptos asset class, bitcoin cash ended up ranking 3rd for the day in terms of price change relative to the previous day.
Bitcoin Cash (BCH) Closes Last Hour Down $-5.43; in an Uptrend Over Past 14 Days
We have a mission, a vision, values and principles.
Bitcoin Cash (BCH) Closes Prior Hour Up 0.04%; 2 Day Down Streak Ended, in an Uptrend Over Past 90 Days
This is a reversal of the price action on the previous hour, in which price moved down.