Bitcoin Cash 4 Hour Price Update

Updated August 13, 2020 03:19 PM GMT (11:19 AM EST)

The back and forth price flow continues for Bitcoin Cash, which started the current 4 hour candle off at 280.17 US dollars, down 1.24% ($3.53) from the last 4 hour candle. On a relative basis, Bitcoin Cash was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the last 4 hour candle.

The back and forth price flow continues for Bitcoin Cash, which started today off at 284.86 US dollars, up 1.1% ($3.09) from yesterday. This move happened on lower volume, as yesterdays volume was down 30.39% from the day before and down 31.28% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Bitcoin Cash ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of Bitcoin Cash.

The first thing we should note is that Bitcoin Cash is now close to its 20 day averages, located at 287.13 respectively, and thus may be at a key juncture along those timeframes. Volatility for Bitcoin Cash has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 6 out of the past 10 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Behold! Here are the top tweets related to Bitcoin Cash:

@jtoomim @BCHFrance @vinarmani @CryptoKelso @MarcDeMesel @rogerkver @deadalnix We(users, exchanges) need a reference client or its pure chaos when/if miners run incompatible Bitcoin Cash software. ABC has a proven track record, so its an obvious choice.BCHN is offering a no-8% IFP with the risk of orphaned blocks if majority miners stay with ABC

@BlockpartySh @KeepBitcoinFree @jtoomim @oorion_ @CryptoKelso @BCHFrance @MarcDeMesel @rogerkver @deadalnix So everyone who uses Bitcoin Cash are not the users and when people say the community rejected this tax they are speaking on behalf of everyone who uses Bitcoin Cash?So is someone who thinks the coinbase rule is a good idea not part of everyone who uses Bitcoin Cash?

@vinarmani @KeepBitcoinFree @jtoomim @oorion_ @CryptoKelso @BCHFrance @MarcDeMesel @rogerkver @deadalnix > who would be the primary consistent contributorsNever stated this. I stated I was sure that Bitcoin Cash developers could achieve ~$1m in voluntary funding if they consistently deliver.

In terms of news links for Bitcoin Cash heres one to try:

The Mythical Community and the Permissionless of Bitcoin Cash

This, however, is the Marrakech market in the evening.So what exactly is the Marrakech market?People may even call it the Marrakech market but there would always be a new and old market.What has any of this to do with Bitcoin Cash?Can the market want something?Like the Marrakech market, the Bitcoin Cash community exists in the totality of peoples expectations and behaviors over time.

More:

Bitcoin Cash (BCH) Up $2.28 On 4 Hour Chart, Started Today Up 1.1%; in an Uptrend Over Past 30 Days - CFDTrading