Altcoins

Bcash Market Report: $BCH Loses on Week, Gains on Month

Brief:


Bcash lost ground on the weekly chart, but gained on the monthly chart. Bcash is down -0.70% in 24 hours, down -15.03% on the week and up 37.51% on the month on a last price of .156255 BTC or about $1870. The Bcash marketcap is $31,640,072,750 with a circulating supply of 16,919,825 $BCH. $BCH/BTC is trading between a 24hr high of .163801 BTC ($1961) and a 24hr low of .152170 BTC ($1822) on a 24hr HitBTC volume of 13,380 BTC. In daily light volume trading the weekly trend is down.

Last price

.156255 $BCH/BTC

$USD

last price $ 1870
one week ago $ 2201

Price change

Price change is the $BCH percentage change within the period:

period change
day -0.70%
week -15.03%
month 37.51%

Volume

Volume

$BCH 24 hour volume
BTC 13,380 BTC
all $BCH currencies 79,762 BTC

The 24 hour volume for $BCH/BTC on HitBTC is 13,380 BTC. This volume weight is light when compared with HitBTC daily trading levels for $BCH over the last month.

The total 24 hour volume for all reporting $BCH markets is 79,762 BTC.

Market Share

The HitBTC currency pair $BCH/BTC is 16.77% of all $BCH traded in twenty-four hours. After HitBTC – OKEx (14.38%), EXx (10.03%), Bithumb (6.37%), Bitfinex (5.76%), Huobi and Upbit hold descending daily market share based on their single best pair.

Remarks

Bcash lost ground on the weekly chart, but gained on the monthly chart. Bcash is down -0.70% in 24 hours, down -15.03% on the week and up 37.51% on the month on a last price of .156255 BTC or about $1870. The Bcash marketcap is $31,640,072,750 with a circulating supply of 16,919,825 $BCH. $BCH/BTC is trading between a 24hr high of .163801 BTC ($1961) and a 24hr low of .152170 BTC ($1822) on a 24hr HitBTC volume of 13,380 BTC. In light volume trading the weekly trend is down.

Bcash is an Alt

Not to be confused with BitConnect ($BCC) or Bitcoin Gold ($BTG), Bcash is a hardfork of the original bitcoin. Currently the market capitalization for $BCH (also traded as $BCC on some exchanges) is fourth overall – after the original bitcoin which remains the top market leader in overall market capitalization.

One Year Chart

Bcash trading records on CoinMarketCap have a start date of July 23 2017, about six months ago.
Bcash trading records on CoinMarketCap have a start date of July 23 2017, about six months ago.

Courtesy CoinMarketCap.com

One Day Candles

Browse Bcash Collection

Learn about the unique characteristics of $BCH. Browse our collection of Bcash Market Reports.

Friday January 19 2018 Bitcoin Background

Altcoins such as Bcash may show a relationship with bitcoin ($BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
0.88% price $11,875.20
vol $13,658,700,000
mktcap $199,647,643,680
16.81M #XBT 12:46 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Highlight Chart

Tap / click to enlarge:

Bcash lost ground on the weekly chart, but gained on the monthly chart. Bcash is down -0.70% in 24 hours, down -15.03% on the week and up 37.51% on the month on a last price of .156255 BTC or about $1870.
Bcash lost ground on the weekly chart, but gained on the monthly chart. Bcash is down -0.70% in 24 hours, down -15.03% on the week and up 37.51% on the month on a last price of .156255 BTC or about $1870.

Data source

HitBTC is the main data source for this report. Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Bcash market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 31,640,072,750
Circulating supply 16,919,825
Last price $ 1870
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high .163801 BTC
daily low .152170 BTC

Trend

The weekly trend is down.

trend is DOWN

Trend is "down" when the weekly price movement is predominantly downwards.

Resistance

Resistance is the highest price within the period:

period resistance
day .163801 BTC
week .197198 BTC

Support

Support is the lowest price within the period:

period support
day .152170 BTC
week .145434 BTC

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bcash lost ground on the weekly chart, but gained on the monthly chart. Bcash is down -0.70% in 24 hours, down -15.03% on the week and up 37.51% on the month on a last price of .156255 BTC or about $1870. The Bcash marketcap is $31,640,072,750 with a circulating supply of 16,919,825 $BCH. $BCH/BTC saw weekly resistance at .197198 BTC ($2361) and weekly support at .145434 BTC ($1741). Market sentiment is neutral. The weekly trend is down in daily light volume trading.

Price Direction?
Bitcoin ($BTC) is up 0.88% price to $11,875.20 in twenty-four hours. In the same time period Bcash is down -0.70%. Looking at the fifteen minute chart we see a slight downward trend on a deflating volume and price:

As long as the volume remains light, in the short term expect to see more of the same slight price deflation.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Friday January 19 2018 12:39 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

Bcash, $BCH, BTC, HitBTC, Market, Report, $BCH/BTC, altcoins

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