Bitcoin Cash, like much of the cryptocurrency market, has stagnated in terms of price action over the past six weeks as it clings on to the tight range between $230 and $240.
The period of relative calm comes after a turbulent couple of months spurred by the Coronavirus pandemic and subsequent economic fallout.
Bitcoin Cash plunged to as low as $145 at the height of the crisis in March before recovering by nearly 100% in the following month.
However, since surging to $285 Bitcoin Cash has been consolidating at around $240 with an apparent lack of interest on both the sell side and the buy side.
From a short term perspective there has been slight dips to $221 and spikes to $266, but the daily 200 moving average remains a key point of resistance to the upside.
Bitcoin Cash seems to be following the cryptocurrency market in general, with a number of altcoins like XRP and Litecoin both struggling beneath the daily 200MA.
A daily or weekly candle close above this level would confirm a bullish breakout and would pave the way for a test $282, with an upside price target also emerging at $327.
Much of the upcoming price action will also depend on Bitcoin, which seems to be correlated with the US stock market.
Economic stimulus from global economies has the potential the drive stock market indexes to new all-time highs, and if this happens Bitcoin will likely follow bringing altcoins in its wake.
For more news, guides and cryptocurrency analysis, clickhere.
Current live BCH pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest BCH price. Pricing is also available in a range of different currency equivalents:
US Dollar BCHtoUSD
British Pound Sterling BCHtoGBP
Japanese Yen BCHtoJPY
Euro BCHtoEUR
Australian Dollar BCHtoAUD
Russian Rouble BCHtoRUB
Bitcoin BCHtoBTC
Bitcoin Cash was born out of the idea of making Bitcoin more practical for small, day-to-day payments. In May 2017, Bitcoin payments took about four days unless a fee was paid, which was proportionately too large for small transactions. A change to the code was implemented and Bitcoin Cash was born on 1st August 2017.
If you want to find out more information about Bitcoin Cash orcryptocurrenciesin general, then use the search box at the top of this page. Heres an article to get you started:
https://coinrivet.com/roger-ver-to-launch-crypto-exchange-on-bitcoin-com/
As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.
You may be interested in our range ofcryptocurrency guidesalong with the latest cryptocurrencynews.
See more here:
Latest Bitcoin Cash price and analysis (BCH to USD) - Yahoo Finance
- Roger Ver helps raise $87k for an anti-war charity - Dowbit - February 6th, 2018 [February 6th, 2018]
- Roger Ver Confirms He'll Sell His Bitcoin: 130K BTU Trade a ... - February 6th, 2018 [February 6th, 2018]
- Tezos Sued again and Roger Ver Tantrums: Best of the Week - February 6th, 2018 [February 6th, 2018]
- Roger Ver Says Ethereum May Overtake Bitcoin in Market Cap - March 10th, 2018 [March 10th, 2018]
- Bitcoin.com CEO Roger Ver Downplays Alleged Insider Trading ... - March 10th, 2018 [March 10th, 2018]
- Bitcoin Cash News: Visa Debit Card for Bitcoin Cash ... - March 20th, 2018 [March 20th, 2018]
- Roger Ver Tweets in Support of Insider Trading Following ... - April 5th, 2018 [April 5th, 2018]
- Evidence Emerges of CNBC Collusion with Roger Ver, BCash - June 3rd, 2018 [June 3rd, 2018]
- Roger Ver on 'the Flippening': Ethereum Will Upstage ... - June 5th, 2018 [June 5th, 2018]
- Roger Ver: "Ethereum Will Overtake Bitcoin in Market Cap" - June 5th, 2018 [June 5th, 2018]
- MPC60 Software - Roger Linn - June 15th, 2018 [June 15th, 2018]
- Roger Ver lawsuit - bitcoinist.com - June 15th, 2018 [June 15th, 2018]
- voluntaryist.com - Roger Ver - June 22nd, 2018 [June 22nd, 2018]
- There Could be a New Crypto-King: Ethereum - Roger Ver ... - June 22nd, 2018 [June 22nd, 2018]
- Penrose process - Wikipedia - June 28th, 2018 [June 28th, 2018]
- Roger Ver: Bitcoin Cash is a Better Investment Than ... - October 2nd, 2018 [October 2nd, 2018]
- Roger Ver | Facebook - October 11th, 2018 [October 11th, 2018]
- Roger Ver Debates Charlie Lee - The Lightning Network - October 11th, 2018 [October 11th, 2018]
- PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board ... - October 18th, 2018 [October 18th, 2018]
- Roger Ver joins Azbit exchange as Advisor - bcfocus.com - October 18th, 2018 [October 18th, 2018]
- Bitcoin Jesus | Bitcoin Cash | whoisrogerver.com - October 18th, 2018 [October 18th, 2018]
- Roger Ver yells that "there is no God" in Blockchain Cruise ... - October 18th, 2018 [October 18th, 2018]
- Roger Ver Is Criticized for Cripple Coin Comment by BCH ... - January 26th, 2019 [January 26th, 2019]
- Bitcoin Cash Hard Fork Controversy: Roger Ver vs. Craig Wright - January 26th, 2019 [January 26th, 2019]
- Roger Ver Now 'Pretty Damn Skeptical' of Craig Wright Being ... - January 26th, 2019 [January 26th, 2019]
- Roger Ver and Richard Heart Bitcoin debate. - January 26th, 2019 [January 26th, 2019]
- Bitmain, Roger Ver, Kraken Sued as Bitcoin Cash Nightmare ... - January 26th, 2019 [January 26th, 2019]
- Roger Ver Promotes Bitcoin Cash On CNBC's Fast Money - UNHASHED - January 26th, 2019 [January 26th, 2019]
- Roger Ver: Maybe Ive Been Fooled by Craig Wright - January 26th, 2019 [January 26th, 2019]
- Roger Ver: Fake social media accounts using my name have ... - January 26th, 2019 [January 26th, 2019]
- MPC60 Software - Roger Linn Design - February 6th, 2019 [February 6th, 2019]
- About Us Bitcoin.com - March 3rd, 2019 [March 3rd, 2019]
- FreeSociety - April 21st, 2019 [April 21st, 2019]
- HTC has partnered with Bitcoin.com for cryptocurrency support in - NewsAffinity - September 19th, 2019 [September 19th, 2019]
- Bitopia Launches First-Ever Crypto Robo-Advisory! - newsBTC - September 19th, 2019 [September 19th, 2019]
- Bitcoin {BTC} targets $10k as Chaincode Labs circulates Lightning Network Protocol Development Curriculum - OBN - September 19th, 2019 [September 19th, 2019]
- SIGEF2019 in Tokyo to Shape a Smarter Future - Yahoo Finance - September 19th, 2019 [September 19th, 2019]
- Bitcoin(dot)com Crypto Exchange Posts Dishonest Volumes - Bitcoinist - September 19th, 2019 [September 19th, 2019]
- PayPal Casts Doubt On Libra: Claims Facebook Crypto Still Needs Work - Blockonomi - September 19th, 2019 [September 19th, 2019]
- Bitcoin Cash Futures Expected to Open up US Market by Q1 2020 - Bitcoin News - September 19th, 2019 [September 19th, 2019]
- Liven Announces Strategic Partnership with Bitcoin.com - Bitcoin News - September 19th, 2019 [September 19th, 2019]
- Thousands of Aussie restaurants will soon accept Bitcoin Cash - Micky News - September 19th, 2019 [September 19th, 2019]
- HTC partners with Bitcoin.com to support cryptocurrency smartphone Exodus 1 - VentureBeat - September 19th, 2019 [September 19th, 2019]
- Craig Wright enters settlement talks in $10 billion Bitcoin lawsuit - Yahoo Finance - September 19th, 2019 [September 19th, 2019]
- Roger Vers Next Big Step: Bitcoin.com Unveils Its Own Cryptocurrency Exchange - CryptoNewsZ - September 19th, 2019 [September 19th, 2019]
- Roger Ver Wants To Pay You To Trade On His New Bitcoin.com Exchange - Benzinga - September 19th, 2019 [September 19th, 2019]
- Cryptos Free Market Obeys Nobody, Not Even Roger Ver - Crypto Briefing - September 19th, 2019 [September 19th, 2019]
- Roger Ver plans to launch Bitcoin Cash derivatives platform - Yahoo Finance - September 19th, 2019 [September 19th, 2019]
- Bitcoin Jesus uploads new video via Bitcoin.coms official channel, showcases the slow speed linked to Bitcoin Core transactions - OBN - October 1st, 2019 [October 1st, 2019]
- The CEO of ShapeShift.com examines the pessimism prevailing in the cryptosphere - OBN - October 5th, 2019 [October 5th, 2019]
- Malta AI & Blockchain Summit looks to shape the future - Times of Malta - October 5th, 2019 [October 5th, 2019]
- Bitcoin Cash {BCH} shoots back up; Roger Ver of Bitcoin.com harps on the necessity of fundamentals - OBN - October 5th, 2019 [October 5th, 2019]
- Twitter handle associated with Bitcoin {BTC} ridicules Roger Ver, faces flak from the community - OBN - October 5th, 2019 [October 5th, 2019]
- Executive exodus from Blockchain.com started in 2014 with Binance CEO - Decrypt - October 5th, 2019 [October 5th, 2019]
- GRUDGE MATCH: 'Dr Doom' goes head to head with Roger Ver - Micky News - October 5th, 2019 [October 5th, 2019]
- Bitcoin Price Could Be Headed Further Down, Forbes Analyst Says - U.Today - October 16th, 2019 [October 16th, 2019]
- Central Bank Cryptocurrency Can Arrive Faster Than You Think: ING Chief - U.Today - October 16th, 2019 [October 16th, 2019]
- Bitcoin Price Prints Massive Red Candle After Failing to Break Above Key Resistance Level - U.Today - October 16th, 2019 [October 16th, 2019]
- Weekly Wrap-Up October 18th, 2019 - TheNews.Asia - October 19th, 2019 [October 19th, 2019]
- Driving the decentralized revolution; Devcon 5 - Cryptopolitan - October 19th, 2019 [October 19th, 2019]
- Ethereum is fantastic as an ICO platform: Bitcoin Cashs Roger Ver - AMBCrypto - October 19th, 2019 [October 19th, 2019]
- BREAKING: Roger Ver clashes with Nouriel Roubini in heated debate - Yahoo Finance - October 19th, 2019 [October 19th, 2019]
- Binance announces listing of BCH-pegged tokens on Binance Chain - AMBCrypto - October 24th, 2019 [October 24th, 2019]
- BTC, BSV, BCH Update, HOT and NEW See Gains, Oct. 21 Bitcoin is stable and still - Bitrates - October 24th, 2019 [October 24th, 2019]
- Sunday Digest: Bitcoin Price And The Week's Top Stories - Bitcoinist - October 24th, 2019 [October 24th, 2019]
- Bitcoin (BTC) Price Breaks Above $8,200 While Bitcoin Cash (BCH) and Bitcoin SV (BSV) Post Even Higher Gains - U.Today - October 24th, 2019 [October 24th, 2019]
- Lightning Network User Confused By Protocol: Lost 30000 USD - Bitcoin News - October 24th, 2019 [October 24th, 2019]
- Roger Ver Claims Bitcoin Is Not Censorship-Resistant. Here's Why - U.Today - November 11th, 2019 [November 11th, 2019]
- Roger Ver Apparently Thinks Bitcoin Cash Value Could Increase 100,000% - Cointelegraph - November 11th, 2019 [November 11th, 2019]
- Manipulations, Turns, Exchanges and 20 Crypto Jokes - Cryptonews - November 13th, 2019 [November 13th, 2019]
- Bitcoin Money's Q3 efficiency became terrifying right here's what occurred - 101Newsindustry - November 13th, 2019 [November 13th, 2019]
- The origins of Bitcoin: BTC deviates from Bitcoin protocol - CoinGeek - November 18th, 2019 [November 18th, 2019]
- Who are the Main People in Bitcoin? - BlockPublisher - November 18th, 2019 [November 18th, 2019]
- Video: Bruce Fenton on the Bitcoin Foundation, Satoshi Roundtable... - Bitcoin Magazine - November 25th, 2019 [November 25th, 2019]
- Learn about Bitcoin before your grandmother does - Yahoo Finance - November 25th, 2019 [November 25th, 2019]
- Crypto Fans Often Clash on Twitter Now, They Can Battle in a Game - Cointelegraph - November 25th, 2019 [November 25th, 2019]
- 'Bitcoin Jesus' Roger Ver Supports Arrested Ethereum Dev, Calvin Ayre Accuses Him of Treason - U.Today - December 1st, 2019 [December 1st, 2019]
- A Tale of Three Coins: The Ongoing Saga of BTC, BCH and BSV - Finance Magnates - December 13th, 2019 [December 13th, 2019]
- Bitcoin Cash will go up post-halving, claims Roger Ver - AMBCrypto - December 13th, 2019 [December 13th, 2019]
- CoinFlex hires former Binance head of trading as its new CSO. - Coinnounce - December 21st, 2019 [December 21st, 2019]