Price Analysis

Bitcoin Cash is Expected to Close the Day With a Profit Score

Bitcoin Cash is currently booking loss in the market, but there are chances that it could soon turn the day another way around. The market has been quite volatile for some time and the traders are having an adventurous experience due to the same.

The last quarter has started and in the first three days, we have experienced a heavy movement in the price chart. If we look at yesterday’s chart, BCH climbed up to $226.56 and fell down to $221.79; the volume was marked as $1,372,176,230 USD.

BCH/USD Price Chart:

The data feed is taken from Bittrex on October 03, 2019, at 11:21:01 UTC for price analysis.

Bitcoin Cash Price Chart
Bitcoin Cash Chart By TradingView

Yesterday, Bitcoin Cash started the day with an escalation of 0.33%; the price counters moved from $223.6 to $224.3. After then, the coin immediately fell to $220 by 1.57%. BCH jumped again by 2.28% and took the price to $225. The currency again slipped to $222 and towards the day-end, BCH escalated by 2.04% from $221 to $225. The day recorded 1.01% progression and closed at $225. The currency slipped on today’s chart; the price dropped from $225 to $222 by 1.61%.

Bitcoin Cash is witnessing a drop, but in some time, it is expected to turn green. The future of the coin is bright. The traders can dig-in with the prospect of earning huge returns. The market is expected to jump by the end of the year. The losses incurred by the coins during the last quarter are likely to recover completely in that period.

Bitcoin Cash would go best with the long-term traders; the given period would result best to the investors.

Tags

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

Related Articles

Back to top button
Close