Bitcoin price – Bitcoin Cash (BCH) price Near $698.41; in an Uptrend Over Past 14 Days
The Hourly View for BCH
Last Updated April 11, 2021, 02:047 GMT
Currently, BCH’s price is up $2.39 (0.34%) from the hour prior. BCH has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Bitcoin Cash Daily price Recap
The back and forth price flow continues for Bitcoin Cash, which started today off at 672.58 US dollars, up 6.68% ($42.12) from yesterday. As for how volume fared, yesterday’s volume was up 78.61% from the previous day (Friday), and up 66.24% from Saturday of the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 5th since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Bitcoin Cash’s price has gone up 17 them.
Overheard on Twitter
Behold! Here are the top tweets related to Bitcoin Cash:
From FloweeTheHub:
Bitcoin Cash is applying open source lessons to money. We are inviting people to participate. We love code, but open source is more. It is community & advertising and most of all it is about the joy of building something bigger than ourselves. Together.BCH is open source money.
From p0oker:
Bitcoin Cash has an active and supportive community, is available in most exchanges around the world and is a great fit for your privacy friendly product. BCH never had a premine or founders coin and share the same history with Bitcoin till 2017 which means no regulatory problems
From Iamjeanetteanet:
Yesterday, a friend offered me a task to edit a simple video presentation for his friend. My job is to incorporate the photos along with the voice-over. It took me an hour to work on the timing and embed transitions. I got the payment earlier through Bitcoin Cash.
As for a news story related to Bitcoin Cash getting some buzz:
Importance of Bitcoin Cash in Developing Countries
Countries in Latin America, such as Colombia and the Dominican Republic, found independence in a decentralized economy, where they could send money from anywhere without relying on financial institutions….Mexico was the first Latin American country to establish a legal framework for the use of virtual currencies (more reason to bring Bitcoin Cash to them), thanks to Fintech….In general, the rise of Bitcoin Cash in Latin America is being fueled by high banking costs for foreign transactions and a desire to make money….Now, in order for Bitcoin Cash to be useful and contribute growth, it requires more merchants to consider it.