[ad_1]
When the cryptocurrency markets start to show signs of bearish momentum, there is a good chance that things will become quite interesting. In the case of Bitcoin Cash, the current price dynamic seems to favor this altcoin at the moment. With a value just over $ 100, the next few days will become interesting in the future. Supporting the uptrend will always be difficult, for obvious reasons.
The cash price of Bitcoin Retakes is the $ 100 level
It's been a while since the price in Bitcoin Cash hit the three-digit range once again. Although this is quite normal when it comes to the general downward trend of 2018, it is clear that this should not last too long. As such, the current rebound is quite interesting to see. Solid gains across the board
they are always fun, even if the overall volume of trade seems rather weak.
In the last 24 hours, the value of USD and BTC of Bitcoin Cash has increased by 10%. This is a pretty big increase, especially considering Bitcoin and some other major currencies and assets are coming back a bit. This usually does not bode well for the future of altcoin like Bitcoin Cash, even if you never know how things will evolve.
On social media, there are currently not too many active discussions related to Bitcoin Cash. There is a particular development in the form of Changelly. The trading platform allowed the deposit and withdrawal of BCHABC following the upgrade of the BCH network. Because they still label it as BCHABC and not just BCH, at this point nobody knows.
His #BCH. Become a professional @Changelly_team.
– Shardi-Sadi (@Sadi_Shardi) December 18, 2018
One of the most interesting developments regarding this rebound in Bitcoin cash prices is the way in which it reaches Litecoin in terms of market capitalization. This situation was slightly different at the start of the week, although both currencies can be exchanged between them in the coming days. The grazing is still fresh in people's minds and could happen again when the traders least expect it.
#BCH bounces heavily, surpasses #LTC in #coinmarketcap .
– Torty Cash (@TortyCash) December 18, 2018
Speaking of flickering, the Pebonacci user confirmed that the "backflappening" is now in effect. It could very well be a proverbial wound of the flesh, as this person has higher expectations of Charlie Lee than Roger Ver. Discussions like these are always interesting to keep an eye on, even if Litecoin seems to have a little more of influence with some people.
After #flappening we have just seen the #backflappening in a turn of events.
Who will be the last flapper? @SatoshiLite or @rogerkverMy bet is active #ltc#cryptocurrency #litecoin #bitcoin #bch pic.twitter.com/XKn4zsD3Rv
– Plebonacci (@plebonacci) December 18, 2018
While regaining the $ 100 level is quite promising for Bitcoin Cash, sustaining any kind of growth has been quite conclusive for this altcoin for most of 2018. As such, it is not unlikely that this price level will not be sustained for the next future, even if one never knows how markets evolve. This year has been quite unpredictable in many different ways and it still lasts two weeks.
Disclaimer: this is not about trading or investment advice. The article above is for entertainment and training purposes only. Please do your own research before buying or investing in any cryptocurrency.
[ad_2]Source link
