BCHUSD
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$BCH is pumping. Is there any chance of a bearish double top?
There's a possibility of a bearish double top. If that occurs, I expect a mid-low target range. If it fails, then the last wedge line will be a range to watch.
A break above $720 will invalidate this bearish double top.
#bchpriceprediction #trendingtopic #BCHUSD #Write2Earn #BCH！
There's a possibility of a bearish double top. If that occurs, I expect a mid-low target range. If it fails, then the last wedge line will be a range to watch.
A break above $720 will invalidate this bearish double top.
#bchpriceprediction #trendingtopic #BCHUSD #Write2Earn #BCH！
BCH Next move towards 1000 USDT as Bitcoin Cash Halving Successful, Price Up 13% and cross 700 mark?
Bach experienced a significant price increase, rising over 10%. This was part of an ongoing positive trend, with BCH seeing a 23% gain in the past week and
43% increase over the last month, reaching its highest price point since May 2021.
But does BCH have the potential to increase more or was this price spike just a temporary reaction?
The surge is largely because of the halving event and prevailing optimistic market sentiments. Bitcoin Cash, a proof-of-work blockchain split from Bitcoin in 2017 aiming for quicker, cheaper transactions, has struggled with widespread adoption within the crypto community.
The latest halving, which occurred at block 840,000, cut the mining reward to 3.125 BCH per block, down from the previous 6.25 BCH. This reduction in block rewards should have made a substantial impact, demonstrated by a significant slowdown in block production immediately following the halving.
Despite this, the network has continued to operate, confirming blocks and adjusting to a higher mining difficulty level, the most challenging since 2019. Meanwhile, the average miner’s reward has decreased, marking a pivotal moment in the network’s economic dynamics
There has been speculation in the lead-up to the halving, with the price of Bitcoin Cash increasing 147.85% over the past three months. Despite As brief dip before the event, it quickly recovered.
After halving now BCH head towards its prime touch aiming 1000 usdt value soon in coming days
So Guys keep close eye on its move,
If you have BCH than keep it tight because it's Bull run is start now
#BullorBear #BCHUSD #BCH！ #Memecoins #BullishOutlook📈
Bach experienced a significant price increase, rising over 10%. This was part of an ongoing positive trend, with BCH seeing a 23% gain in the past week and
43% increase over the last month, reaching its highest price point since May 2021.
But does BCH have the potential to increase more or was this price spike just a temporary reaction?
The surge is largely because of the halving event and prevailing optimistic market sentiments. Bitcoin Cash, a proof-of-work blockchain split from Bitcoin in 2017 aiming for quicker, cheaper transactions, has struggled with widespread adoption within the crypto community.
The latest halving, which occurred at block 840,000, cut the mining reward to 3.125 BCH per block, down from the previous 6.25 BCH. This reduction in block rewards should have made a substantial impact, demonstrated by a significant slowdown in block production immediately following the halving.
Despite this, the network has continued to operate, confirming blocks and adjusting to a higher mining difficulty level, the most challenging since 2019. Meanwhile, the average miner’s reward has decreased, marking a pivotal moment in the network’s economic dynamics
There has been speculation in the lead-up to the halving, with the price of Bitcoin Cash increasing 147.85% over the past three months. Despite As brief dip before the event, it quickly recovered.
After halving now BCH head towards its prime touch aiming 1000 usdt value soon in coming days
So Guys keep close eye on its move,
If you have BCH than keep it tight because it's Bull run is start now
#BullorBear #BCHUSD #BCH！ #Memecoins #BullishOutlook📈
#BCHUSD
BCH/USDT
First , second and third target Achieved
#HotTrends
#BinanceLaunchpool
#BullorBear
$BCH
BCH/USDT
First , second and third target Achieved
#HotTrends
#BinanceLaunchpool
#BullorBear
$BCH
Bitcoin Cash increased more than 20% after its halving
Bitcoin Cash surged 21.74% after completing its reward halving event, becoming one of the few winners in an otherwise lukewarm market, as bitcoin, whose own halving occurs later this month, remained unchanged for 24 hours.
BCH changed hands at $683 in the morning hours, a price level not seen since December 2021. The token remains 80% below an all-time high of $3,700 set in December 2017.
The Bitcoin Cash block reward is now 3,125 BCH.
Halving occurs when the reward for mining transactions is reduced by 50%, reducing the speed at which new coins are created and therefore reducing the new supply available.
#BitcoinCash #BCHHalving #BCHUSD #TrendingTopic." #HotTrands $BCH
Bitcoin Cash surged 21.74% after completing its reward halving event, becoming one of the few winners in an otherwise lukewarm market, as bitcoin, whose own halving occurs later this month, remained unchanged for 24 hours.
BCH changed hands at $683 in the morning hours, a price level not seen since December 2021. The token remains 80% below an all-time high of $3,700 set in December 2017.
The Bitcoin Cash block reward is now 3,125 BCH.
Halving occurs when the reward for mining transactions is reduced by 50%, reducing the speed at which new coins are created and therefore reducing the new supply available.
#BitcoinCash #BCHHalving #BCHUSD #TrendingTopic." #HotTrands $BCH
$BCH
BCH Price Surges Amid Upcoming Halving – Will the Trend Continue?
Bitcoin Cash (BCH) has experienced a significant surge in price ahead of its upcoming halving event, a phenomenon that often precedes periods of increased scarcity and heightened market interest. Let's delve into the factors driving BCH's recent price surge and assess whether this trend is likely to continue in the near future.
Halving Event:
- BCH, like Bitcoin (BTC), undergoes periodic halving events where the block reward for miners is reduced by half, leading to a decrease in the rate of new coin issuance.
- Historically, halving events have been associated with bullish price movements, as they highlight the protocol's commitment to a fixed supply and increase scarcity.
Market Momentum:
- BCH's recent price surge can be attributed to growing investor anticipation and speculation surrounding the upcoming halving event.
- Positive sentiment in the broader cryptocurrency market, combined with increased demand for alternative cryptocurrencies, has also contributed to BCH's upward momentum.
Fundamental Factors:
- BCH's fundamental value lies in its utility as a peer-to-peer electronic cash system, offering fast and low-cost transactions compared to traditional payment methods.
- The upcoming halving event underscores BCH's commitment to decentralization and sound monetary policy, which may attract long-term investors seeking store-of-value assets.
Market Sentiment:
- Sentiment surrounding BCH is currently positive, with many investors and analysts optimistic about its future price prospects amid the halving event.
- News coverage, social media buzz, and community engagement may further reinforce bullish sentiment and contribute to upward price pressure.
Conclusion:
While BCH's recent price surge ahead of its halving event is promising, it's essential to approach future price movements with caution and consider various factors that may influence market dynamics.
#BinanceLaunchpool #BullorBear #FET #SHIB #BCHUSD
BCH Price Surges Amid Upcoming Halving – Will the Trend Continue?
Bitcoin Cash (BCH) has experienced a significant surge in price ahead of its upcoming halving event, a phenomenon that often precedes periods of increased scarcity and heightened market interest. Let's delve into the factors driving BCH's recent price surge and assess whether this trend is likely to continue in the near future.
Halving Event:
- BCH, like Bitcoin (BTC), undergoes periodic halving events where the block reward for miners is reduced by half, leading to a decrease in the rate of new coin issuance.
- Historically, halving events have been associated with bullish price movements, as they highlight the protocol's commitment to a fixed supply and increase scarcity.
Market Momentum:
- BCH's recent price surge can be attributed to growing investor anticipation and speculation surrounding the upcoming halving event.
- Positive sentiment in the broader cryptocurrency market, combined with increased demand for alternative cryptocurrencies, has also contributed to BCH's upward momentum.
Fundamental Factors:
- BCH's fundamental value lies in its utility as a peer-to-peer electronic cash system, offering fast and low-cost transactions compared to traditional payment methods.
- The upcoming halving event underscores BCH's commitment to decentralization and sound monetary policy, which may attract long-term investors seeking store-of-value assets.
Market Sentiment:
- Sentiment surrounding BCH is currently positive, with many investors and analysts optimistic about its future price prospects amid the halving event.
- News coverage, social media buzz, and community engagement may further reinforce bullish sentiment and contribute to upward price pressure.
Conclusion:
While BCH's recent price surge ahead of its halving event is promising, it's essential to approach future price movements with caution and consider various factors that may influence market dynamics.
#BinanceLaunchpool #BullorBear #FET #SHIB #BCHUSD
#btc looks to have found a bottom for now,and so do the rest and a little stability,btc mc is sat back at 1.31 trillion alone 😂
both bch and ankr have held up well overall 💪
#BCHUSD needs to try and build proper support over 624 , and eventually 650 💎
#Ankr get back over 0.055 and eventually 0.058 area 🌊🤖
#AMPUSDT trying to push again it’s got to eventually try and flip 0.11 area into support
Lets see what the rest of the week brings watch the data fed 🗣️ 17.10 today uk time and certainly watch the usd
many times in the past crypto have corrected before the fed to the push back up with more strength
Don’t be shaken by healthy corrections and look at the bigger picture and who’s actually moving crypto overall 🔑
The best time to open any positions is in the red 🩸🛒
Thanks to all the new followers, its much appreciated. for visitors, please follow🙌
Tick tock goes the btc halving clock 🕰️ 18 days left 👀
#HotTrends
both bch and ankr have held up well overall 💪
#BCHUSD needs to try and build proper support over 624 , and eventually 650 💎
#Ankr get back over 0.055 and eventually 0.058 area 🌊🤖
#AMPUSDT trying to push again it’s got to eventually try and flip 0.11 area into support
Lets see what the rest of the week brings watch the data fed 🗣️ 17.10 today uk time and certainly watch the usd
many times in the past crypto have corrected before the fed to the push back up with more strength
Don’t be shaken by healthy corrections and look at the bigger picture and who’s actually moving crypto overall 🔑
The best time to open any positions is in the red 🩸🛒
Thanks to all the new followers, its much appreciated. for visitors, please follow🙌
Tick tock goes the btc halving clock 🕰️ 18 days left 👀
#HotTrends
Check my previous post to see what I said in comparison with $BCH and $BNB . Follow and like for more updates.
#BCHUSD #EarnWithWriting
#BCHUSD #EarnWithWriting
🚨HIGH ALERT CANDLESTICK PATTERN🚨🏹a single candle change the whole marketdoji candlesticks represent indecision between buyers and sellers in a particular trading period. They occur when the opening and closing prices are almost identical, forming a small or nonexistent body on the candlestick chart.................,.....................................🚀🚀if you want 3 usdt then open my first pinned post,click my profile pic to open and claim 3 usdt🥇🥈🥉 🎯Here's how doji work:🎯Types of Doji: Depending on the relative lengths of the upper and lower wicks (shadows) of the doji, there are several variations:🚀Gravestone Doji: 📈Short body near the bottom with long upper wick, suggesting selling pressure that couldn't push the price lower.🎯Dragonfly Doji: 🎲Short body near the top with long lower wick, suggesting buying pressure that couldn't push the price higher.🎯Long-Legged Doji: 🃏Short body with wicks of equal length on both sides, signifying strong buying and selling forces cancelling each other out.🎯Interpretation: A single doji doesn't provide strong direction. However, they can hint at potential reversals or continuations:🎯In an uptrend:🀄 A doji might indicate weakening bullish momentum, possibly leading to a pullback or even a reversal.🎯In a downtrend: 🎲A doji might point to exhaustion of selling pressure, potentially signalling a bounce or a trend reversal.🎯During consolidation:🥌 A doji implies indecision, suggesting the price might hold its range or break out in either direction. 🔔Important Points:🔔📈Doji are neutral indicators and should be considered in conjunction with other technical indicators and overall market context.Remember, Do your own research and understand the inherent risks before making any investment decisions.
#Write2Earn
#TrendingTopic
#BCHUSD
#RNDR
#BTC
#Write2Earn
#TrendingTopic
#BCHUSD
#RNDR
#BTC
