Bitcoin Cash (BCH) falls under $1k USD

in #bitcoin6 years ago

All the cryptocurrencies are joining with bitcoin. The price are going very down. Where the price of Bitcoin Cash (BCH) was more than $1.5k USD 3 weeks age now it barely is stable with $1k. While writing the article price of each Bitcoin Cash (BCH) is $1,167 USD and still going down. These have made the market very unstable. Price should be increasing but that is not going to happen soon. Here is a chart of analysis for the last 24 hours:

Daily Chart

daily Chart.png


Today's Open


$1,206.61

Today's High


$1,207.84

Today's Low


$1,159.66

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Yeah you received $983 USD now

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It will fall and rise and fall and rise. This market is so new. It has high volatility and that's the way it will be until more ways to short it and more institutionalized money. But until then it will most likely go up over all. Even after it gets to a maturation stage of its lifetime it will probably continue to go up. This is like stocks in the 80s on steroids.

Maybe you are right

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Thanks a lot for the support

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Thanks a lot @kath1

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