Predicción del precio de Bitcoin Cash (BCH) a medida que las altcoins amplían sus ganancias

El precio de Bitcoin Cash se mantiene verde el viernes mientras los mercados de criptomonedas se toman un respiro. La criptomoneda BCH superó a BTC ya que la primera subió un 2,23% hasta el momento de esta publicación en comparación con un retroceso del 0,51% en el precio de la segunda.

Timeline of Bitcoin-cash

Bitcoin Cash (BCH) is currently struggling to break through the golden ratio resistance level. However, if it successfully surpasses this resistance, there's potential for a bullish breakout in the BCH price.

Coinbase International Exchange on Saturday announced plans to launch Polygon (MATIC) and Bitcoin Cash (BCH) perpetuals futures contracts on the Coinbase International Exchange and Coinbase Advanced. The move comes as Coinbase's international offshoot expands its crypto offerings amid the massive rise in trading volumes.

With a YTD growth of 145%, Bitcoin Cash price outperforms the 120% YTD growth in Bitcoin. However, despite the recent increase in BTC price with the window of Bitcoin Spot ETF getting shorter, the BCH price struggles to regain momentum.

The price of Bitcoin Cash (BCH) is influenced by a myriad of factors, both internal to the BCH community and external, linked to the broader crypto market and global economic conditions. Here are the primary factors affecting its valuation:

Crypto whales have been capitalizing on the recent industry swings and positive macro events to scoop some altcoins for potential gains in October 2023. On-chain analysis beams the spotlight on 3 mega-cap cryptocurrencies that are whales buying.

The price of Bitcoin Cash has experienced significant rise over the course of the last 30 days, resulting in favorable returns for investors. Since July, BCH holders have continuously maintained a positive perspective, which has reduced the frequency of selling activity.

Bitcoin cash started a strong increase above the $210 and $220 levels against the US Dollar. The price is now trading above the $220 zone and the 55 simple moving average (4 hours).

Bitcoin cash started a strong increase above the $200 and $210 levels against the US Dollar. The price is now trading above the $210 zone and the 55 simple moving average (4 hours).

Following the 200% jump in BCH price in June 2023, the Bitcoin Cash price reached the height of $300. However, facing extreme selling pressure at higher levels, the Bitcoin Cash price is undergoing a short-term correction, leading to a significant downfall. Currently, Bitcoin Cash is bouncing between two key Fibonacci levels: 61.80% and 38.20%.

August was a bearish month for the cryptocurrency market. This was noticeable in the case of both Bitcoin (BTC) and various altcoins, which have experienced significant decreases since their yearly highs in July.