#Bitcoin Cash Price Analysis Bitcoin Cash Price Analysis BCH/USD Bearish below $830 Published 9 months ago on July 30, 2018 By Coinnounce - Coin Announcements Share Tweet Bitcoin Cash Price Key Focuses Bitcoin cash price is gradually declining and is as of now well beneath $830 against the US Dollar. Yesterday’s featured essential bearish pattern line is flawless with resistance close $825 on the hourly chart of the BCH/USD match (information feed from Kraken). The combine should clear the $825-830 resistance and the 100 hourly basic moving normal to pick up the pace. Bitcoin cash price is at present bearish underneath $830 against the US Dollar. BCH/USD needs to outperform the 100 hourly SMA to move into a bullish zone. Bitcoin Cash Price Upside Obstacle Amid the previous three sessions, there was a relentless decay from the $840 resistance in bitcoin cash price against the US Dollar. The BCH/USD combine settled underneath the $830 level and the 100 hourly straightforward moving normal, which is a bearish sign. As of late, the combine even broke the $800 support and shaped another intraday low at $785. Afterwards, it recouped and moved over the 38.2% Lie retracement level of the last drop from the $840 high to $785 low. Be that as it may, the upside move was topped by the $815 level and the 100 hourly SMA. Also, there was no appropriate break over the half Lie retracement level of the last drop from $840 to $785. It appears like the price is attempting to break the 100 hourly SMA, which is as of now at $815. Over this present, yesterday’s featured essential bearish pattern line is flawless with resistance close $825 on the hourly chart of the BCH/USD match. In this manner, a nearby over the 100 hourly SMA and $825 is required for more pick up in the close term. BCHUSD Price Chart 31 July Taking a gander at the chart, bitcoin cash price may maybe move down on the off chance that it neglects to move over the $815 and $825 resistance levels. Supports are seen at $800 and $785. Taking a gander at the specialized markers: Hourly MACD – The MACD for BCH/USD is somewhat put in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BCH/USD is put close to the 50 level. Significant Support Level – $800 Significant Resistance Level – $825 Related Topics:bchbch chartBCH EXCHANGEbch forecastBCH predictionbch price chartBCH price in usdBCH price nowBCH TODAYbch tradingBCH/USDBCHUSDBitcoin Cashbitcoin cash 2018Bitcoin Cash AnalysisBitcoin Cash ForecastBitcoin Cash pricebitcoin cash price 2018bitcoin cash price analysisbitcoin cash price chartbitcoin cash price predictionbitcoin cash price usdBlockchaincryptocurrencydaytradingOpiniontradingvirtual currency Up Next Stellar XLM Price Analysis: XLM/USD Bulls Awaiting Don't Miss Cardano Price Analysis: ADA/USD Experiencing Strain, 30 July Continue Reading Advertisement You may like Forbes releases top 50 blockchain companies list Token Taxonomy Initiative: Enterprise Ethereum Alliance & Microsoft New assets management dimension: VIP services for big crypto investors Donald Trump policies push Mexico to Bitcoin Delist Bitcoin SV movement continues: Kraken, Bitforex onboard John Mcafee publically challenges Calvin Ayre: Files $800M Lawsuit 2 Comments 2 Comments Pingback: Bitcoin Cash Price Analysis BCH/USD Bearish below $830 – Btc News Magazine Pingback: Bitcoin Cash Price Analysis BCH/USD Bearish below $830 – The Coinage Times Leave a Reply Cancel reply Your e-mail address will not be published. Required fields are marked *Comment Name * Email * Website #Bitcoin Cash Price Analysis Bitcoin Cash falling to 0? Is BCH worthless? Published 4 months ago on December 14, 2018 By Nadja Eriksson Bitcoin Cash has been falling sharply since the hard fork happened last month which led to the generation of Bitcoin Satoshi Vision. Today, Bitcoin Cash price fell below Ethereum and this is for the very first time that BCH has fallen below ETH since its inception. Bitcoin Cash is currently trading around $79 while ETH trades around $84 according to CoinGecko (at the time of writing). Along with the price, the total market capitalization of Bitcoin Cash has also fallen bringing down BCH on the 7th position in cryptocurrencies according to CoinMarketCap. Is it the end for BCH? Bitcoin Cash team has been continuously trying to attack the real bitcoin from the day of its inception. The team has been trying to bring Bitcoin Cash to mainstream adoption but it doesn’t seem that they have been successful in that. Unlike Bitcoin which truly has a good amount of adoption rate by merchants throughout the world, Bitcoin Cash does not have much of an adoption. Besides that, the daily transactions of BCH are nearly 1/10th of Bitcoin. Bitcoin Cash Price Analysis Technical Indicators: Support Level: $75 Resistance Level: $84 BCHUSD 2 day chart In the 2 day chart, Bitcoin Cash was trading at around $96 yesterday and crashed down to around $78 today where it is currently being traded. The main support level of BCH lies around $75 and the resistance level is around $83. BCH is currently trying to recover back from the recent crash but the selling pressure however is quite high which may push the price downwards and Bitcoin Cash could even fall below $70 in short term. However, market analysts are predicting that the price of BCH is likely to fall below $50 before the end of the year. The following article is not a financial advice. Readers are advised to do their own research and analysis before making any investment decisions in the cryptocurrency market. Continue Reading #Bitcoin Roger Ver & Bitmain face lawsuit for allegedly hijacking Bitcoin Cash Network Published 4 months ago on December 7, 2018 By Janet F. Sanchez After the deadly hash-wars between Bitcoin Cash ABC and Bitcoin Cash SV teams, which eventually led to the entire cryptocurrency market downfall, Roger Ver and Bitmain along with others have been alleged to take control of the Bitcoin Cash network for personal gains. United American Cord issues a statement saying: “What is alleged to have been a well-planned scheme to take control of the Bitcoin Cash network for personal gain and which caused a global capitalization meltdown of the Bitcoin Cash network at the expense of others” The lawsuit against Roger Ver, Bitcoin.com & Bitmain and others The lawsuit is against Roger Ver, Bitcoin.com, Bitmain and Kraken and seeks damages and injunctive relief for the victims. The lawsuit alleges that: “in unfair methods of competition and through a series of unconscionable, deceptive and unfair practices, manipulated the Bitcoin Cash network for their benefit and to the detriment of UnitedCorp and other Bitcoin Cash stakeholders”. Bitcoin Cash ABC planted a “poison pill” during the hard fork It is furthermore alleged that after the hard fork of Bitcoin Cash, on 20th November, 2018, the Bitcoin ABC team planted a “poison pill” into the blockchain code in order to remain in control of the network at all times. This also makes Bitcoin ABC a centralized blockchain. The full statement by American Cork can be found here. At the time of writing this article, Bitcoin ABC is trading at $102.00 while Bitcoin SV is trading at $106.47 Continue Reading #Bitcoin Cash Price Analysis Bitcoin Cash ABC Price Analysis: BCHABC going down to $100? Published 5 months ago on December 4, 2018 By Layla Harding Support Levels: $140, $130, $120 Resistance Level: $145 Key Points As of yesterday’s predictions, Bitcoin Cash ABC price broke the key support at $150 and went below this range. A new resistance at $145 is creating a bearish trend line on the 1-hour chart. BCHABC will likely fall below $140 if the selling pressure keeps increasing. Bitcoin Cash ABC price fell below the $150 support level due to the selling pressure and may now test the next support at $120. Bitcoin Cash ABC Price Analysis As of yesterday’s predictions, Bitcoin Cash ABC price broke $150 support level and is trading below $145 with a resistance set around $145 and $150. BCHABC is currently trading at a yearly low of $142 (at the time of publishing) according to CoinGecko Charts and may extend losses below $130 to test the next support level of $120. The daily charts of BCHABC predict that BCHABC price is currently under massive selling pressure. The price will fall further breaking the small support levels at $140 and $130 to test the major support at $120. 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