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Tag Archives: Bitcoin Cash

The Reason Bitcoin Cash (BCH) Surged Over 100% in 7 Days

Bitcoin Cash (BCH) – the most popular hardfork of Bitcoin (BTC)’s blockchain – is up over 117% this week, outperforming Bitcoin’s still sizable 15% rise. As of this writing, its the only coin to see anything close to 2X gains within that time frame. What’s attracting traders and investors to the large-blocker network? Let’s dive in. Bitcoin Cash’s EDX Listing Bitcoin Cash’s seismic gains began on June 21, precisely when the Wall Street-backed crypto exchange EDX Markets...

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Bitcoin Cash Analysis: Rally Seems Unstoppable above $130

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash started a strong increase above the $115 and $120 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $133.00 on the 4-hour chart of the BCH/USD pair (data feed from...

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Bitcoin Cash Analysis: Bulls Eye Recovery To $115

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash is attempting a recovery wave above the $100 resistance against the US Dollar. The price is now trading below the $110 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $105 on the 4-hour chart of the BCH/USD pair (data feed from...

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SEC Chair Gary Gensler Refers to Bitcoin and Ethereum as Non-Securities in Newly Revealed Video

The SEC chair previously indicated that all cryptocurrencies apart from BTC are securities. In a recently unearthed video from a 2018 crypto-themed event hosted by Bloomberg and Fidelity, Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), made statements that contradict his current position on digital assets regulations in the country. The video, which started circulating on Twitter on June 12, shows Gensler addressing institutional investors...

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Bitcoin Cash Analysis: Bulls Struggle Below $120

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline from the $117 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $112.50 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....

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Bitcoin Cash Analysis: Key Breakout Resistance Sits At $118

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash is attempting a recovery wave above the $112 resistance against the US Dollar. The price is now trading above the $114 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $116 on the 4-hour chart of the BCH/USD pair (data feed from...

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Bitcoin Cash Analysis: Risk of Fresh Drop to $105

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $115 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $115 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....

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Bitcoin Cash Analysis: Risk of Fresh Drop to $105

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading below the $118 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $116.00 on the 4-hour chart of the BCH/USD pair (data feed from...

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Bitcoin Cash Analysis: Bears Aim Fresh Drop To $100

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours). There is a short-term rising channel forming with support at $112.80 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....

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Bitcoin Cash Analysis: Key Breakout Resistance Sits At $120

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash is attempting a recovery wave above the $115 resistance against the US Dollar. The price is now trading near the $118 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $120 on the 4-hour chart of the BCH/USD pair (data feed from...

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