Hello....!

Today i am so much happy because i got tip from @TheRandomRewarder so i got motivation and wanna say "thank you buddy"

I was super excited and my excitement force me to write an other article even tomorrow,i have exam! So i readed 3-4 article about future of Bitcoin Cash. After watching 2 videos on youtube i got much information and i sum up of these assets and going to write about Bitcoin Cash. What can be happen or bigbash in Cryptocurrency world leaded by Bitcoin Cash.

Actually whenever i write an article so i get information from different sources and explain everything in my own words because in reality, i am not a Cryptocurrency expert, i am a medical student but i love to write about cryptocurrencies because according to me, who have more Cryptocurrency in future ,he would be a successful and wealthy. This is reason most of countries who were against Cryptocurrencies, they started miming . Live example is pakistan

Origin of Bitcoin Cash

Bitcoin Cash is derived from the most popular cryptocurrency Bitcoin. As Bitcoin becomes the mainstream currency, this is disappointing because it deviates from the path suggested by Satoshi Nakamoto to become a digital currency, and cryptocurrencies have grown significantly.

As a store of value, it has caused a lot of controversy between those who think Bitcoin is correct and those who think Bitcoin should be traded faster and cheaper. At that time, the so-called civil war was brewing, and followers of Bitcoin Cash condemned Bitcoin and no longer called it the real Bitcoin.

Subsequently, the spin-off of Bitcoin Cash in August 2017 was a good start, but it has been a turbulent period ever since. Cryptocurrencies are beginning to penetrate the ever-changing trade and payment fields.

Many people think that digital payments are the future, and companies and even central banks are studying cryptocurrencies. Therefore, Bitcoin Cash provides an excellent opportunity for future investors. Potential As the debate about Bitcoin price predictions deepens, commentators have made some very interesting predictions for the next few years. Will the price of Bitcoin Cash rise? Let us find out!

What is Bitcoin Cash?

As mentioned above, Bitcoin Cash is one of the largest and most famous Bitcoin forks, but it is also not the oldest. At the end of 2017, an all-time high of $20,000 was set, and the size of the blockchain has increased to accommodate more and faster transactions.

Interestingly, the cryptocurrency experienced another fork in November 2018, splitting into Bitcoin Cash (BCH) and Bitcoin. Cash SV (Satoshi Nakamoto Vision) said that both parties want to promote Bitcoin and cryptocurrencies, but this is also the reason for the BCH fork, but the transaction block size in the Bitcoin pending queue is limited to 1 MB, because blocks cannot handle the transaction.

In order to solve this problem, Bitcoin Cash proposes to increase the block size from 8 MB to 32 MB, so that each block can process more transactions. I know. But in 2018, according to tests, the number of BCH transactions per block rose from 1,500 to 25,000. Roger Ver promoted the fork and spread the original creator of Bitcoin, Satoshi Nakamoto, has a kind of pressure.

The change in block size will allow Bitcoin to be used as a medium for daily transactions and will help it compete with Visa and other international credit card processing organizations, which, according to the supporters of Ver and Bitcoin Cash, charge High fees.

Experts' predictions on the price of Bitcoin Cash

Since Bitcoin Cash has great potential in the world where digital payments and cryptocurrencies will become the next era, it is very important and valuable to study how currency prices will rise. It is also very different, because some people really think that Bitcoin Cash is the real Bitcoin and therefore should become stronger, but some people think that it is a wasteful cryptocurrency that is not as effective as it seems. This should be. It will be around $1,000, and the price of cryptocurrency will remain at $2,250 by 2025, still below the highest price.

Technical Analysis

Technical analysis is an industry standard method for predicting probabilities and results based on the statistical results provided by engineering signals and patterns. This allows them to provide some of the most accurate and compelling Bitcoin Cash price forecasts, and more.

2019 Bitcoin Cash Price Forecast 87 Bitcoin Cash is a derivative of the Bitcoin blockchain, and its price model now shows historical Bitcoin price changes. Bitcoin Cash has formed a long-term ascending triangle in the BCH USD trading pair, which represents a bullish price. Compared with other cryptocurrencies (especially Bitcoin), Bitcoin Cash moves very slowly. The ascending triangle has just been retested, indicating that it should break out soon. The goal is to retest the previous highs.

Summary

The future of Bitcoin Cash is interesting because it was created as the next version of Bitcoin to address its shortcomings as a currency; however, the development of Bitcoin makes it an asset rather than A currency. However, I hope that cryptocurrency is more like a functional currency. So keep supporting Bitcoin Cash and spreading awearness.

Thanks for reading 🙂

Thanks @TheRandomRewarder for visiting my last article.

Also thanks to @MintDice @Roojoroojay@Bloghound @tired_momma@PVMihalache @leejhen @HappyBoy @Eybyoung @scottcbusiness @Omar @Sujana @Meshal @Idksamad7869 for your motivation and valueable comments and apprication.

Regards from Aasi