RATE Group | Bitcoin Cash (BCH) Price Technical Analysis (May 26, 2018)
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Bitcoin Cash (BCH) Price Technical Analysis (May 26, 2018)

26 May Bitcoin Cash (BCH) Price Technical Analysis (May 26, 2018)

Posted at 08:09h in Bitcoin News by

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Fundamentals and development of Bitcoin Cash is not a problem. The issue we all have is the failure of price,-value-to reflect the effort of the community. Not only do we have a robust network that can scale and settle transactions faster, there is wide adoption of the coin from different payment providers and merchants. As it is, Bitcoin Cash is down 14 percent for the week and two percent in the last 24 hours but these metrics would widen should there be a dip past $930 or May 24 lows. Today’s price action is therefore important in my view.

From the News

A cryptocurrency would be useless if there it has no real user case encouraging retail or corporate adoption. This is why behemoths like Bitcoin, Ethereum and Ripple for example are driving hard selling their products to the masses. Bitcoin Cash is doing the same and few days after forking, Revolut is listing BCH as a tradable asset or investment to their customers. In essence, the London based payment provider is making it…

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