Roger Ver Nearly Calls Top & Bottom Of #BitcoinCash W/ Tweets ❓ What Is Bitcoin Cash?
Bitcoin cash is a cryptocurrency created in August 2017, from a fork of Bitcoin.
1. Bitcoin Cash increased the size of blocks, allowing more transactions to be processed and improving scalability.
The cryptocurrency underwent another fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision).
2. Bitcoin Cash is referred to as Bitcoin Cash because it uses the original Bitcoin Cash client.
KEY TAKEAWAYS
Bitcoin Cash is the result of a Bitcoin hard fork that occurred in August 2017.
Bitcoin Cash was created to accommodate a larger block size compared to Bitcoin, allowing more transactions into a single block.
Despite their philosophical differences, Bitcoin Cash and Bitcoin share several technical similarities. They use the same consensus mechanism and have capped their supply at 21 million.
Bitcoin Cash itself underwent a fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision).
Bitcoin Cash ABC is referred to as Bitcoin Cash now.
BCHNUSD trade ideas
Target 540 reached, whats next ?#NCH/USDT Update:-
$BCH currently trading at $557
BCH has broken the ascending wedge around 625 and the 50MA did not hold
He did retest the previous descending channel around 540 as predicted.
He is now out of bollinger (4h) and broke the 200MA. He should retest the 200MA around 580 before consolidating for a pull back or not...
We will see.
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Is BCH going back tp 540 ?#NCH/USDT Update:-
$BCH currently trading at $612
BCH has broken the ascending wedge around 625 and the 50MA did not hold
We have still the 200MA and 200EMA that can hold but we also can see a retest of the descending channel aroung 540
What do you think ?
Please click LIKE button and Appreciate my hard work.
P.S If you are interested in real time updates on your cryptos, please let me know.
Thank you.