Price Analysis

Bitcoin Cash Price Analysis: BCH is Live on Badger Wallet; Accessibility to Bring Bullish Period

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  • Badger Wallet, a bitcoin cash light client, has launched iOS wallet for BCH.
  • BCH is likely to reach $850 by the end of 2019.

BCH price has been eyeing at making a big mark on the market as far as accessibility and goodwill is concerned. It has recently partnered with Bitcoin.com and now it is available for mobile phone users as well. Bitcoin.com’s Badger wallet, a bitcoin cash light client, has recently launched a new app for iPhone users. This iOS app will help the users to store, send, and receive Bitcoin Cash (BCH) on their mobile devices. Through this app, they also can transact other Simple Ledger Protocol tokens by using this iOS app in a non-custodial manner. It also is allowing the transfer of small amounts of funds between wallets for now. The commission for making transactions worldwide is just $.002. Looking at the recent developments, we predict a bullish medium-term for Bitcoin Cash. By the end of 2019, the value of each coin may reach as high as 850 USD. Let us look at the current details of the coin with Bitcoin Cash Price Today.

Bitcoin Cash Price Current Statistics-

bitcoin cash price chart - 5 june

eToro Crypto
Bitcoin Cash (BCH) 05th June 09:07 UTC
Rank 4
ROI (Return on Investment) -27.16%
Coin Circulation 17,820,888 BCH
Market Cap 6,978,811,101 USD
BCH Price in USD 406.87 USD
BCH Value in BTC 0.05001408 BTC
24h Volume 2,259,977,672 USD

BCH Price Comparison-

Bitcoin Cash Price has performed pretty well in the market since the starting of the year. The lowest point of the coin was on29th January at 109.09 USD. However, the BCH got its boost at the onset of April, but again that boost was short-lived.  But the highest growth can be noticed on 29th April when the coin gained 93% over 30 days and reached the highest point of the year at 453.43 USD. The market cap on 05th May was 5,278,919,024 USD, and the value of each coin was 290.65 USD. The current market cap and the value of each coin are respectively 32.20% and 39.98% more than the figures for last month.

Bitcoin Cash Price Prediction-

We have already mentioned that as the accessibility of Bitcoin Cash is increasing, the days ahead are going to be bullish. The two resistance points will be there around 450 USD and 500 USD. By the end of 2019, the BCH is likely to be around 850 USD price level.

Conclusion-

Looking at the projected growth, this is a good time for buying fresh BCH coins. Investors need to keep patience when the coin would face resistance. You can

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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