Bitcoin Cash (BCH) Underperforms All Top Cryptos, Down 1.71%; But Still in an Uptrend Over Past 90 Days
On a relative basis, bitcoin cash was the worst performer out of all 5 of the assets in the top cryptos asset class.
(Last Updated January 23, 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:
On BCH, there is currently an uptrend on the 90 and 30 day timeframes.
BCH’s moving averages suggest the trend on a number of time horizons is bullish.
Below is a chart showing BCH’s price with its moving averages.
Currently, BCH’s price is down $-48.95 (-9.99%) from the week prior. Moreover, note that this is the 2nd week in a row BCH has seen its price head down. Regarding the trend, note that the strongest trend exists on the 10 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.
On a relative basis, bitcoin cash was the worst performer out of all 5 of the assets in the top cryptos asset class.
Volatility for bitcoin cash has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
Related to the moving average crossover is that bitcoin cash’s momentum/trend on a 14 day basis may be decelerating.
Bitcoin does not have payouts to 3rd parties encoded into its protocol.
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 additional context, note that price has gone up 8 out of the past 10 days.
Out of the 5 instruments in the top cryptos asset class, bitcoin cash ended up ranking 4th for the day in terms of day-over-day price change.
Secretaries and captains that they were also canceling the bch talk….
To get all the actual needs concretely on the table?