יערלעך פאָרויסזאָגן פֿאַר ביטקאָין קאַש (בטש), 2022

The price of Bitcoin Cash (BCH) is in a downtrend. At press time, the cryptocurrency is trading at $376.

ביטקאָין קאַש פּרייַז לאַנג-טערמין אַנאַליסיס: בעריש

At its launch in 2017, BCH rose to a high of $4,300 but fell sharply soon after to a low of $104 in January 2019. Bitcoin Cash regained upward momentum in 2021 when it rose to a high of $1,216. Since May 2021, the bear market has started again as cryptocurrencies started a downward trend.

Today, Bitcoin Cash has fallen to the low of $376. The market has also reached the oversold zone. On the weekly chart, BCH, shows that the previous low above the $300 support is being retested. This current support has not been breached since January 2021. The uptrend will continue once the current support holds.

ביטקאָין קאַש ינדיקאַטאָר אַרויסווייַזן 

BCH is below the 20% area of the daily stochastic. This is an indication that the market has reached the oversold area. Selling pressure has reached bearish exhaustion. When buyers appear in the oversold region, prices will begin to move higher.

טעכניש ינדאַקייטערז

שליסל קעגנשטעל זאָנעס: $ 800, $ 820, $ 840

שליסל שטיצן זאָנעס: $ 500, $ 480, $ 460

Bitcoin Cash medium term trend: bearish

On the monthly chart, BCH has fallen into the oversold region of the market. The cryptocurrency price is moving above the $300 support. The market will resume its upward momentum once the current support holds. Should the price overcome the resistance at $1,642, BCH will rise to $4,500. On the monthly chart, a declining candlestick tested the 23.6% Fibonacci retracement level. This retracement suggests that BCH will rise to the 4,236 Fibonacci Extension level or $5,901.48. 

וואָס איז דער ווייַטער מאַך פֿאַר ביטקאָין קאַש (BCH)?

Bitcoin Cash is likely to rise again if the cryptocurrency holds above the $300 support. The price indicator shows that BCH will rise to $5,901.48 once the resistance at $1,642 is broken.

אָפּלייקענונג. די אַנאַליסיס און פאָרויסזאָגן זייַנען די פערזענלעכע מיינונגען פון דער מחבר זענען נישט אַ רעקאָממענדאַטיאָן צו קויפן אָדער פאַרקויפן קריפּטאָקוררענסי און זאָל ניט זיין וויוד ווי אַ ענדאָרסמאַנט פון Coin Idol. רידערז זאָל טאָן זייער פאָרשונג איידער זיי ינוועסטירן געלט.