Bitcoin Cash 4 Hour Price Update
Updated July 25, 2020 01:35 AM GMT (09:35 PM EST)
Bitcoin Cash’s 3 four-hour candle positive streak has officially concluded, as the candle from the previous 4 hours closed down 1.03% ($2.45). Those trading within the Top Cryptos asset class should know that Bitcoin Cash was the worst performer in the class during the previous 4 hours.
Bitcoin Cash Daily Price Recap
Bitcoin Cash came into today down 1.3% ($3.1) from the open of yesterday, marking the 2nd day in a row a decrease has occurred. The price move occurred on volume that was down 30.62% from the day prior, but up 63.23% 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. Let’s take a look at the daily price chart of Bitcoin Cash.
Bitcoin Cash Technical Analysis
Notably, Bitcoin Cash crossed below its 100 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 30 days Bitcoin Cash’s price has gone down 17 them.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Bitcoin Cash for the past day were:
- From CryptoFinally:
My guilty pleasure is sleeping in an oversized Bitcoin Cash TShirt 👀
- From davenowick:
@RyanSAdams @BanklessHQ It was done in the context of LINK making to the top 10.Grouping Cardano with Litecoin, Bitcoin Cash, Bitcoin Silver (“shitcoins”)as a project that has no place competing as a currency makes no sense. There was tribalism among AOL, Netcom,etc in Now we just call it the internet.
- From GPappas830:
@lasvegaspokers I enjoy ACR a great deal, regardless of hiccups that occur from time to time. I was nervous about Bitcoin cash outs but my first two have been a great experience.
In terms of news links for Bitcoin Cash here’s one to try:
Bitcoin Cash Leading Dev Announces Bitcoin ABC is “Moving Forward with the Grasberg DAA” – CoinSpice
Séchet and Bitcoin ABC, however, found issues with Toomim’s proposal such as it was, ultimately preferring Grasberg….Bitcoin Cash Node (BCHN) lead maintainer “freetrader” took issue with Séchet’s characterization of “no concrete proposal” having reached ABC….“False: the concrete proposal (with code) of an integer-approximation ASERT by Jonathan Toomim reached ABC (and everyone else) and was discussed in the last DAA meeting,” freetrader insisted in comments on read.cash.