Dec 30, · The Bitcoin Cash (BCH) price is approaching a long-term descending resistance line that has been in place since While a short-term decrease could occur, Bitcoin Cash is expected to eventually be successful in breaking out above this resistance line. Long-Term Bitcoin Cash Resistance. Apr 30, · The Bitcoin Cash price line observed an uptrend on the 29th of April as the altcoin market turned bullish. The cryptocurrency rose by over 11% on the day’s chart and crossed the $ mark. The TradingView analyst Kyer believes that the cryptocurrency would soon break the resistance placed at the $ level. 1-Day Bitcoin Cash price movementAuthor: Taha Farooqui. Bitcoin Cash 24h $ + +%. Cardano 24h $ +%. Cardano 24h $ At one point, even Twitter founder Jack Dorsey called for people to donate bitcoin .
Bitcoin cash movementDiscovering Bitcoin Through the #EndSARS Movement - CoinDesk
Bitcoin miner revenue is back at pre-halving levels. Another interesting report from QCP Capital notes that the recent crackdown by Chinese authorities on local crypto exchanges and miners has fueled the Bitcoin price rally. With the rise in BTC demand on one end, the crackdown has resulted in a supply crunch as miners as unable to liquidate their holdings for cash. This rising gap of BTC demand and supply has further fueled the Bitcoin price to go northwards. However, Chinese crypto reported Wu Blockchain has negated this theory.
In the below thread, Wu Blockchain explains the misunderstanding about the Chinese miners and how they are now moving to the U. A few days ago I wrote a report about Chinese miners being troubled by frozen cards and unable to pay electricity bills.
There were two serious misunderstandings in overseas. First is that Chinese miners are shutting down, second is Chinese miners cannot sell BTC so price rised pic.
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