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Tag Archives: Bitcoin Cash

Bitcoin Cash Analysis: Risk of Fresh Drop To $100

Bitcoin cash price started a fresh decline below the $125 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 major bearish trend line forming with resistance near $120 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $120 resistance zone. Bitcoin cash price is declining below the $125 zone against the US Dollar, similar...

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Standard Chartered-backed Zodia Crypto Custody Raises $36M in Funding Round Led by SBI Holdings

With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country. Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, has announced that it raised approximately $36 million led by Japanese financial conglomerate SBI Holdings. The London-headquartered crypto startup announced that the funding round also saw...

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Bitcoin Cash Analysis: Bulls Struggle To Keep BCH In Bullish Zone

Bitcoin cash price started a fresh decline from the $135 zone against the US Dollar. The price is now trading below the $130 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $131 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a decent increase if it stays above the $120 support zone. Bitcoin cash price is declining from the $135 zone against the US Dollar, similar...

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Bitcoin Cash Analysis: Bulls Aim Higher, $150 Possible Target

Bitcoin cash started a decent increase above the $125 and $130 levels against the US Dollar. The price is now trading above the $130 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $129.20 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $135 and $142 to continue higher in the near term. Bitcoin cash price is climbing above $130 against the US Dollar, similar to Bitcoin....

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Bitcoin Cash Analysis: Key Breakout Resistance Sits At $130

Bitcoin cash started a decent increase above the $122 and $124 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 $124.50 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $128.20 and $130 to continue higher in the near term. Bitcoin cash price is consolidating above $124 against the US Dollar, similar to...

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Bitcoin Cash Analysis: Bulls Remain Active Near $115

Bitcoin cash price started a fresh decline from the $138 zone against the US Dollar. The price is now trading below the $125 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $122 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a decent increase if it stays above the $115 support zone. Bitcoin cash price is declining from the $138 zone against the US Dollar,...

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Bitcoin Cash Analysis: Key Uptrend Support Intact At $122

Bitcoin cash started a decent increase above the $120 and $122 levels against the US Dollar. The price is now trading below the $130 zone and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $129 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $129 and $130 to continue higher in the near term. Bitcoin cash price is consolidating above $120 against the US Dollar, similar to...

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Bitcoin Cash Analysis: Key Upside Break Possible To $150

Bitcoin cash started a decent increase above the $115 and $120 levels against the US Dollar. The price is now trading above the $120 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $126.80 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $132 and $138 to continue higher in the near term. Bitcoin cash price is climbing above $120 against the US Dollar, similar to bitcoin....

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Bitcoin Cash Price Analysis: Bears In Control Below $120

Bitcoin cash price started a fresh decline from the $125 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 key bearish trend line forming with resistance near $116 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct higher, but upsides might be limited above the $115 level. Bitcoin cash price is declining from the $125 zone against the US Dollar, similar...

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Bitcoin Cash Price Analysis: Upsides Capped Near $130

Bitcoin cash price started a fresh decline from the $140 zone against the US Dollar. The price is now trading below the $130 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $129 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct higher, but upsides might be limited above the $130 level. Bitcoin cash price is declining from the $140 zone against the US Dollar, similar...

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