Bitcoin Cash (BCH) Up $0.62 Over Past 4 Hours, Entered Today Up 0.72%; in a Downtrend Over Past 30 Days

Bitcoin Cash 4 Hour Price Update

Updated July 02, 2020 01:35 AM GMT (09:35 PM EST)

224.02 (USD) was the opening price of the four-hour candle for Bitcoin Cash, resulting in the previous 4 hours being one in which price moved up 0.28% ($0.62) from the previous 4 hours. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since the previous 4 hours in terms of percentage price change.

Bitcoin Cash Daily Price Recap

The choppiness in the recent daily price action of Bitcoin Cash continues; to start today, it came in at a price of 223.81 US dollars, up 0.72% ($1.59) since the previous day. The price move occurred on volume that was up 17.84% from the day prior, but down 30.12% from the same day the week before. Those trading within the Top Cryptos asset class should know that Bitcoin Cash was the worst performer in the class during the previous day. The daily price chart of Bitcoin Cash below illustrates.

Bitcoin Cash Technical Analysis

The first thing we should note is that Bitcoin Cash is now close to its 20 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 6 out of the past 10 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Bitcoin Cash:

  • From ElectrumSV:

    1. I don’t know where development on Bitcoin SV is going to end up going. Where I thought it was going to go when Craig’s database was forked by first Bitcoin Core, then Bitcoin Cash, has changed many times. Many times because of ideas and concepts Craig has introduced. — rt12

  • From Phatyo:

    @HighlandRocket I feel like i missed the train with bitcoin hype, so i just buy and keep. Bitcoin cash I buy low and sell high and stranger all of my gains into tezos and stack the coin ( collect interest ) all on coinbase. i might make a video on this if you’re interested 😁

  • From CryptoSolu:

    Coinbase offers only a limited number of coins, among them Bitcoin, Ethereum, and Bitcoin cash are the major offerings. One important factor that is
    favored by most crypto investors is the fact that it allows purchasing the currencies in either US dollars,
    EUROs, or GBP.#Btc