Tag Archives: Bitcoin Cash

Bitcoin cash price is declining and it recently broke the $238 support area against the US Dollar.The price is struggling to recover and it seems like it may even break the $215 support.There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair remains at a risk of more losses towards the main $200 support area.Bitcoin cash price is tumbling below $238 and $220 against the US Dollar. BCH/USD is likely to test...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The Bitcoin quotations failed to secure above the resistance level, and now a decline is very probable. However, if the buyers manage to push the price above $9800, growth will also become possible. The Bitcoin Cash chart looks interesting: there is a reversal pattern forming, promising growth,...

Within the cryptocurrency industry, there are a number of prominent tokens which dominate the industry and get the most attention, and just like any other market, there is a constant struggle for dominance between various firms. Some of the most popular in this regard are Bitcoin and Ethereum. Within Bitcoin, there are certain offshoots that sprung up as a result of hard forks such as Bitcoin Cash and Bitcoin SV, which is backed by controversial figure Craig Wright and while many of the...

Alejandro Regojo is the man behind bitcoin gold, which is widely considered one of the more successful bitcoin forks.Bitcoin Gold: BTC’s “Good” Son?Such forks have happened in the past and can lead to somewhat mixed results. In the case of bitcoin cash (BCH), the currency is still doing quite well and is considered the fourth-largest cryptocurrency by market cap.Bitcoin SV (BSV), however, is an entirely different story. While it’s garnered a place in the industry’s top 20, the currency is...

It is no secret that cryptocurrency is been used more and more around the world as both an investment tool but also for everyday use and this is being facilitated by many merchants around the globe who are starting to accept cryptocurrency as a form of payment for their goods and services and also the many platforms that are facilitating the easy spending of cryptocurrency. One of these is the Visa debit card by Coinbase that allows customers to spend the cryptocurrency out of their Coinbase...

Bitcoin cash price is under a lot of pressure as it broke the $288 support against the US Dollar.The price is currently trading near a major support at $269, with a bearish angle.There are two major bearish trend lines forming with resistance near $280 and $290 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair remains at a risk of more losses below the $269 support area.Bitcoin cash price is facing an increase in selling below $280 against the US Dollar. BCH/USD might...

Bitcoin cash price is facing a strong resistance near the $308 level against the US Dollar.The price is currently trading above a couple of key supports near the $288 and $282 levels.There is a major bullish trend line forming with support near $286 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could decline further if there is a break below $286 and $284.Bitcoin cash price is correcting gains below the $300 level against the US Dollar. BCH/USD might extend its...

Photo: ShutterstockDmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The Bitcoin keeps correcting inside a flat. There are expressed resistance and support areas on the chart but the quotations have not yet managed to escape the channel. There are chances that, however, the leading cryptocurrency might break through the upper border of the range...

It’s being reported that bitcoin cash had a very rough third quarter in 2019. The price was never quite able to get off the ground, and as a result, bitcoin cash (BCH) arguably performed worse than any other coin.Is It Fair to Single Out Bitcoin Cash?But is it fair to lay this judgement on the little brother of bitcoin? Sure, BCH may not have been at its best, but it can be argued that this applies to virtually every major cryptocurrency during this period.As we all remember, the second...

The Robinhood investment app platform has just announced that its Robinhood Crypto feature has just added more U.S. states to its platform. Previously servicing 39 states, the 8 new additions now mean that Robinhood Crypto is now available to a total of 47 states.With Robinhood Crypto, users can trade seven digital assets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin SV (BSV) Ethereum Classic (ETC), Bitcoin Cash (BCH) and Dogecoin (DOGE) all free of charge. The new state...