What is Bitcoin Cash, and should you buy it now?
— Hard, Blockchain, Bullish, Momentum, Cash, Cryptocurrency, Transactions, Bitcoin, Token — 1 min read
Bitcoin Cash BCH/USD is a cryptocurrency ranked at position 30 by market cap. The cryptocurrency was created from a hard fork of the Bitcoin network on August 1, 2017. The native token of Bitcoin Cash trades at $104 from above $400 at the beginning of the year. At press time, BCH has been up 5.10% in the last 24 hours, roughly the same gains as 5.16% recorded for Bitcoin. The MACD indicator has moved above the moving average, signaling a bullish push. The 14-day and 21-day moving averages offer support for BCH. We expect BCH to continue rising in the short term, but we can’t confirm a lasting bullish momentum. Short-term investors should hold up to $111. Source