BITCOIN CASH TECHNICAL ANALYSIS (BCH US DOLLAR)


Bitcoin Cash Technical Analysis: BCH/USD bulls retreat from the $300-level


Technical Overview


Fundamental Overview



Big Picture

Themes affecting Cryptocurrencies

Sponsor broker


Latest Bitcoin Cash Analysis


Latest Bitcoin Cash Analysis

Editors' picks

Bitcoin unstoppable push to $12,000, China piloting digital currency in cities

BTC/USD again failed in the journey to overcome the resistance at $12,000. The bullish leg made it above the resistance at $11,600 but hit the next hurdle at $11,800.

More Bitcoin News

XRP/USD on the verge of a triangle breakout, is $0.32 within reach?

Ripple price has been narrowing within a falling triangle pattern for two weeks now. The retreat followed an impressive price action that has seen XRP rally from July lows at $0.1740. 

More Ripple News

Ethereum Classic Price Analysis: ETC/USD bulls fail near the $7-level

ETC/USD faced bearish correction following two straight bullish sessions. The price dropped from $6.925 to $6.889. The moving average convergence/divergence (MACD) shows sustained bearish ...

More Ethereum Classic News

Cardano Market Update: Bulls stay in control as staked ADA count crosses ten billion

With over ten billion ADA being staked and more than 920 active staking pools, Cardano appears to have reached a new milestone. After the recent Shelley upgrade, users have been able to stake their ADA ...

More TRON news

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: BTC hit the pause button before a decisive breakthrough

Bitcoin lived through a wild roller-coaster move during the previous weekend. The coin hit the new 2020 high above $12,000 and crashed to $10,500 in a matter of hours. 

Read the weekly forecast

BTC

ETH

XRP


CRYPTO EDUCATION

Characteristics of Bitcoin Cash

Bitcoin Cash is a cryptocurrency that emerged on August 1, 2017 from a hard bitcoin fork. This partition was the result of the internal dispute to solve one of the main problems of the original cryptocurrency: the size of its blocks. Due to its limited capacity (only 1MB), the possibility was raised of improving its SegWit (Segregation Witness) technology to SegWit2, allowing the creation of blocks with twice the size.

There was another alternative that was responsible for the hard bifurcation, originating Bitcoin Cash and whose blocks have a size of 8MB. This causes the Bitcoin to have a transaction and verification speed in the blockchain much lower than Bitcoin Cash. However, despite some minor changes, both cryptocurrencies have very similar characteristics, such as the mining algorithm (SHA256).

Best cryptocurrency exchanges to buy Bitcoin Cash

If you want to trade Bitcoin or Ethereum, the choices are endless. Yet when you begin going down the list of market capitalization, the options narrow. Even Ripple is not present on all exchanges. So, if you are interested in trade a specific coin, an easy way to eliminate potential candidates would be to check if they offer to trade in your desired one.

If you are not sure which cryptocurrencies you want to trade, perhaps it is better starting from the most popular ones, but at an exchange that offers a relatively wide variety of coins, so you can change your mind easily before changing the exchange.

Every exchange uses a different interface and different charting tools. You obviously cannot get familiar with every option available as it would take too much time. Reviews with screenshots may become handy in getting the look and feel of the platform. If you prefer advanced trading tools, there is a good chance that a broker might have more sophisticated tools. However, if you want a clean and simple one, most exchanges will have such an option.

In addition to the ease of use, speed matters. If you are trading at a rapid clip or if you just need to have the system working properly without causing nervous breakdowns, watch out for reviews that complain about slow performance. Such exchanges could also have other issues.