#Bitcoin Cash Price Analysis Bitcoin Cash Price Analysis: Will BCH fall down? Published 5 months ago on November 13, 2018 By Nadja Eriksson Share Tweet MACD – The MACD for BCH/USD is as yet put in the bearish zone. Relative Strength Index – Close to the 50 levels. Support Level – $500 Resistance Level – $535 BCH Price Key Points Bitcoin cash price remained over the $496 swing low and solidified against the US Dollar. There was a break over a key bearish pattern line with resistance at $510 on the hourly graph of the BCH/USD pair. The pair attempted to move over the $530 resistance and the 100 hourly basic moving normal. Bitcoin cash price solidified close $500 against the US Dollar. BCH/USD must break the $530-540 resistance zone for a good recuperation. Bitcoin Cash Price Analysis Recently, there was another break beneath the $500 support in bitcoin cash price against the US Dollar. Be that as it may, the BCH/USD pair discovered support close to the last swing low at $496 and later recuperated. It exchanged over the $505 and $510 resistance levels to begin a recuperation. BCH price moved over the half Lie retracement level of the ongoing decay from the $562 high to $496 low. Additionally, there was a break over a key bearish pattern line with resistance at $510 on the hourly outline of the BCH/USD pair. Be that as it may, bitcoin cash price attempted to break the $535-540 resistance zone and the 100 hourly straightforward moving normal. Additionally, BCH price was dismissed close to the 61.8% Lie retracement level of the ongoing decay from the $562 high to $496 low. Accordingly, bitcoin cash price withdrew and exchanged underneath the $520 level. At the start, BCH price is by all accounts uniting over the $500 level. Purchasers should clear the $530, $535 and $540 resistance levels to begin an average bounce back. BCHUSD 1 day chart Taking a gander at the outline, BCH price may keep on remaining over the $500 support region. Having said that, if purchasers keep on bombing close to the $535 level, bitcoin cash price may maybe break the $500 and $495 support levels. 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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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