What is Bitcoin cash (BCH)
*Bitcoin Cash (BCH) is a altcoin version of Bitcoin it is a form of a result of Bitcoin hard fork result in August 2017.
*It allows more transaction in a single block it decrease the fees and transaction time.
*Bitcoin cash and Bitcoin has same mechanism and have capped their supply at 21 million coins.
*It continues to trade at fraction of Bitcoin price but it has yet to achieve widespread consumer acceptance as a form of payment.
Founder of BCH
*BCH was founded by group of miners and developers.
*It has a software bitcoin ABC software it had created bitcoin cash in back 2017.
Circulation of BCH
*BCH has a maximum supply of 21,000,000 BCH tokens.
*BCH has a total supply of 19,691,747 BCH tokens.
*In April 2024 BCH has a circulating supply of 19,691,747 BCH tokens and ranked 13th with $10,985,555,263 market cap.
Where to Buy BCH
*As per now if anybody wants to invest in BCH they can just invest in many exchanges like-Binance, Upbit, HTX, Coinbase Exchange, Kucoin, Bybit and Kraken.
Technical and Future analysis of BCH
*As I have shown below in my chart of Bchusdt that it went up and created a order block at level of 304$ and left the liquidity bat 165.4$.
*If market falls down or crashes as it is expected in coming next 2-3 months then you can invest at these levels.
*Order block at 304.2$ , liquidity at 165.4$.
*If anybody wants to invest in Bchusdt then they can just wait for the right entry and can earn a good profit from there investment.
*If Bchusdt make its all time high than it has to take these levels before going up , so wait for the right time to entry hopefully in next 2-3 months.
