Thursday, January 21, 2021
Bitcoin Market News
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos
Bitcoin Market News
No Result
View All Result

Bitcoin Cash Price Analysis: BCH/USD jumps by 5% in a matter of minutes, challengers

6 months ago
in Cash
1 min read
Bitcoin Cash Price Analysis: BCH/USD rising triangle pattern spells doom as downside
Share on FacebookShare on Twitter


  • Bitcoin Cash jumped above the upper line of the intraday Bollinger Band.
  • BCH/USD may grow to $272, once $250.00 is out of the way.

Bitcoin Cash, (BCH) jumped by over 5% on a matter of minutes and tested the intraday high of $249.45. At the time of writing, BCH/USD is changing hands at $249.30 amid strong bullish momentum. BCH is the fifth-largest digital asset with the current market value of $4.45 billion and an average daily trading volume of $1.48 billion.

BCH/USD: Technical picture

On the intraday charts, BCH/USD broke above the upper line of the 1-hour Bollinger Band at $248.00, which now serves as local support. If the price returns back inside the BB, the sell-off may be extended towards the middle line of $241.00 and psychological $240.00. The critical short-term support is created by a 50-hour SMA at $238.50.

On the upside, a sustainable move above $250.00 will unleash the bullish momentum and bring 200-day SMA at $272.50 into focus. 

BCH/USD 1-hour chart



Read more:Bitcoin Cash Price Analysis: BCH/USD jumps by 5% in a matter of minutes, challengers

Related articles

BlackRock has joined the bitcoin business – the world’s largest asset manager has

BlackRock has joined the bitcoin business – the world’s largest asset manager has

January 21, 2021
World’s largest asset manager applies to buy bitcoins in pair of funds

World’s largest asset manager applies to buy bitcoins in pair of funds

January 21, 2021
Tags: AnalysisBCHUSDBitcoinbitcoin news todayBitcoinCashCashchallengersjumpsmatterMinutesPriceTechnical Analysis

Related Posts

BlackRock has joined the bitcoin business – the world’s largest asset manager has

BlackRock has joined the bitcoin business – the world’s largest asset manager has

by Bitcoin Market
January 21, 2021
0

REUTERS/Eric Thayer BlackRock has authorized two of its funds to invest in bitcoin futures, according to filings released Wednesday...

World’s largest asset manager applies to buy bitcoins in pair of funds

World’s largest asset manager applies to buy bitcoins in pair of funds

by Bitcoin Market
January 21, 2021
0

BlackRock is set to dip its considerably massive toes into the world of cryptoassets, according to public filings and...

Bitcoin’s bubble keeps inflating and whales are driving the action

Bitcoin’s bubble keeps inflating and whales are driving the action

by Bitcoin Market
January 20, 2021
0

© Copyright (c) Daily Maverick , All Rights Reserved Bitcoin is currently trading at R525,000 – up 75% over...

Thieves Grab $451K in Cash From Hong Kong Crypto Trader

Thieves Grab $451K in Cash From Hong Kong Crypto Trader

by Bitcoin Market
January 19, 2021
0

TipRanks3 Monster Growth Stocks That Are Ready to Run HigherWhat can you make of the market’s standard disclaimer, ‘past...

Ethereum On Bullish Momentum: 6.66% Up In The Last 6 Hours

Ethereum On Bullish Momentum: 6.66% Up In The Last 6 Hours

by Bitcoin Market
January 19, 2021
0

Ethereum is currently on bullish momentum. At 21:03 EST on Monday, 18 January, Ethereum is at $1,311.16 and up...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Twitch Director Shaan Puri Moves 25% of Net Worth Into Bitcoin to ‘Front Run Wave of

Twitch Director Shaan Puri Moves 25% of Net Worth Into Bitcoin to ‘Front Run Wave of

December 11, 2020
Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets the Situation

Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets the Situation

December 21, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
Three Gorges Dam Collapse Mining Threat, China Banks Ban Buying Gold: The Bitcoi…

Three Gorges Dam Collapse Mining Threat, China Banks Ban Buying Gold: The Bitcoi…

December 4, 2020
The Most Secure Cryptocurrency Wallets for Different Users

The Most Secure Cryptocurrency Wallets for Different Users

November 1, 2020
BlockFi Suffers Breach, BitMEX Trading Engine Fails

BlockFi Suffers Breach, BitMEX Trading Engine Fails

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Bitcoin-Based Ethereum Smart Contract and Sidechain Rival RSK Launches Today

Bitcoin-Based Ethereum Smart Contract and Sidechain Rival RSK Launches Today

January 21, 2021
1 Warren Buffett Stock to Buy for a 2021 Market Crash – The Motley Fool Canada

Warren Buffett: Buy Gold, Not Bitcoin

January 21, 2021
NYDFS hosts crypto industry competition to get real-time data on Bitlicensees

NYDFS hosts crypto industry competition to get real-time data on Bitlicensees

January 21, 2021
Bitcoin Plunge Has Newbies Scrambling to Google Double-Spend

Bitcoin Plunge Has Newbies Scrambling to Google Double-Spend

January 21, 2021
Bitcoin falls 11% after report suggests a critical flaw in the cryptocurrency called

Bitcoin falls 11% after report suggests a critical flaw in the cryptocurrency called

January 21, 2021
Riot Blockchain plummets 32% in 3 days as bitcoin momentum turns negative

Riot Blockchain plummets 32% in 3 days as bitcoin momentum turns negative

January 21, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com

  • BTC

    (USD 31,757.62)

  • ETH

    (USD 1,193.08)

  • XRP

    (USD 0.27)

  • BCH

    (USD 435.39)

  • EOS

    (USD 2.61)

  • LTC

    (USD 132.87)

  • XMR

    (USD 136.86)

  • TRX

    (USD 0.03)

  • USDT

    (USD 1.00)

  • BNB

    (USD 39.88)

  • BTG

    (USD 10.86)

  • BCN

    (USD 0.00)

  • BTCP

    (USD 0.10)

  • ZRX

    (USD 0.49)