On November 3 rd, Bitcoin Cash opened at $290.73 and tested briefly the $300 resistance level, peaking at $303.13, but then went back to $290- $280 support levels. November 2 opened at $279.22, with the coin steadily gaining over the day, reaching $290 levels and closing at $290.72.
The coin maintained a downward trajectory throughout most of the day, recovering slightly towards the end, closing at $279.14. BCH closed the day at $284.48.īitcoin Cash opened November with a trading price of $284.49, which was also its highest value for the day. The last day of October saw Bitcoin cash opening at $290.40, with the coin peaking several times through the day, its highest value being $296.56, and the lowest $274.43. Out of all the many Bitcoin forks that took place, BCH is considered the topmost successful, ranking top 4 by market cap and being used as a payment method by many online merchants. As such, BCH has a higher transaction processing capacity per second when compared to Bitcoin. The fork was initially a protocol update, that was designed to increase the 1 MB block limit, to prevent blocks from piling up, and to lead to long transaction times. Bitcoin Cash Overviewīitcoin Cash was created in August 2017 from a Bitcoin fork, by Amaury Séchet, a former engineer at Facebook. In today’s article, we will be looking at some past price trends and market analysis in order to present you a Bitcoin Cash price prediction for November 2019.
0 kommentar(er)
