Bitcoin Cash

Avalanche’s BTC.b witnessed a massive growth in supply But, Avalanche’s TVL witnessed a continued decline According to Data Analytics’ tweet on 2 December, the amount of Bitcoin Avalanche Bridged [BTC.b] on Avalanche [AVAX] surpassed that of the Ethereum network. This development suggested that users may have spotted new opportunities on the Avalanche network and haveContinue reading “Avalanche, Ethereum, and how BTC.b could trigger a rally for AVAX”

BCH was bullish, targeting the 78.6% and 100% Fibonacci levels  Open interest surged in the post-market crash but has since fallen back slightly Bitcoin Cash [BCH] surged mid-week with a nostalgic aim at its pre-FTX implosion value of $126. However, it ran into several obstacles along the way, but the target remained the same. AtContinue reading “Could BCH regain its pre-FTX implosion value of $126? Here’s all you need to know”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure was bearish for BCH on higher timeframes A move past $110 toward $115 would likely be a place of interest for bulls and bears Over the past two days, Bitcoin hasContinue reading “Bitcoin Cash: Why a small move upward could offer a BCH shorting opportunity”

Bitcoin Cash has posted decent gains recently and climbed from $104 to $116 over the past week. At press time, the technical indicators showed the sentiment began to shift to bearish. However, the price action revealed Bitcoin Cash still held on to a zone of support where demand can arrive in the coming hours.

Sharing a statistically significant positive correlation with the leading coin Bitcoin [BTC], Bitcoin Cash [BCH] logged a decline in its price in the last week. According to data from the cryptocurrency analytics platform CoinMarketCap, the price per BCH coin fell by 8% in the past seven days.  Data from Santiment showed that the consistent declineContinue reading “Bitcoin Cash [BCH]: All you need to know before you write off this alt”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin Cash forms both a triangle pattern as well as a range To buy or not to buy, that is the question Bitcoin [BTC] surfaced above the $20k mark for a few hours. TheContinue reading “BCH investors must watch out for a move below these levels to minimize losses”

Registering an 8% price uptick in the last seven days, Bitcoin Cash’s [BCH] significant positive correlation with Bitcoin [BTC] might have been the factor responsible for the asset’s failure to log double-digit gains in the last week. The price of the king coin itself grew by just 10% within the same period.  According to dataContinue reading “What Bitcoin Cash [BCH] investors should be prepared for this month”

The market capitalization of the entire cryptocurrency market has declined by about 5% since the month started. The current as of 27 August stands at $944.9 billion. Moreover, the general market decline has led leading coins like Bitcoin [BTC] and Ethereum [ETH] to post double-digit declines in the last 26 days. Sharing a significant positiveContinue reading “Why Bitcoin Cash [BCH] investors shouldn’t expect profits anytime soon”

Bitcoin Cash [BCH] has turned out to be one of the best cryptocurrencies that one could have bought during the weekend. Last week’s crash triggered a sell-off across the crypto spectrum. Most of the top cryptocurrencies have struggled to recover due to fears of more downside. However, BCH has already bounced back by more thanContinue reading “Bitcoin Cash is up by 20% from its low on 19 August, thanks to…”