Bitcoin Cash

Bitcoin Cash, a fork of Bitcoin optimised for lower transaction fees, priced against the US dollar.

103.51-1.45%

Price · last 3 months

Simulated

Market trend

Bullish

84/100 confidence

Bitcoin Cash is clearly bullish on this timeframe.

Confidence measures how much the indicators agree with each other. It is not a probability that a trade will be profitable.

Signals behind this

Price vs long-term averagebullish
EMA 20 vs EMA 50neutral
MACD momentumbullish
RSI (14)bullish
Bollinger positionbullish
Market structurebullish

Key levels

104.79+1.23%
105.52+1.94%
107.32+3.68%

Price103.51

103.40-0.11%
103.23-0.27%
100.38-3.03%

19.2%annualised · low

Volatility is compressed relative to normal. Quiet markets tend to precede expansion, so this is a setup for a breakout rather than a reason to expect continued calm.

How this developed

Major moves, trend changes, level breaks and news for this window, newest first.

Medium-term trend turned bullish
Trend change
The 20-period average crossed above the 50-period average — the same signal behind this page's trend verdict.
3d ago
Closed below 103.40
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
6d ago
Closed below 103.23
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
6d ago
Closed below 103.40
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
14d ago
Closed below 103.23
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
14d ago
Medium-term trend turned bearish
Trend change
The 20-period average crossed below the 50-period average — the same signal behind this page's trend verdict.
27d ago
Closed below 100.38
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
27d ago
Dropped 2.81% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (2.05%).
Jul 6
Closed below 103.40
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 6
Closed below 103.23
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 6
Closed above 104.79
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 5
Closed below 103.40
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 2
Closed below 103.23
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 2
Closed above 104.79
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 28
Closed above 105.52
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 28
Jumped 2.98% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (2.18%).
Jun 24
Closed above 104.79
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 24
Closed above 105.52
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 24
Closed below 103.40
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 22
Closed below 103.23
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 22

Showing the 20 most recent of 41 events in this window.

Summary

Writing

Technical indicators

Computed from 90 bars over the last 3 months.

102.98 / 102.75

bullish

The 20-period average sits above the 50-period average, which is the classic shape of an uptrend. Price above both means buyers have controlled the recent range.

57.1

bullish

At 57 momentum is in the normal band — neither stretched nor exhausted, so RSI is not arguing for a reversal in either direction.

0.4701

bullish

MACD is above its signal line, so short-term momentum is running ahead of the medium-term trend. Momentum is currently working for buyers.

1.09× average

neutral

Volume is close to its period average — participation is normal and is neither confirming nor contradicting the price move.

1.99 (1.91%)

neutral

The market has been moving about 1.99 per bar, or 1.91% of price. This is the number position sizing and stop placement should be built around — a stop tighter than this will be hit by ordinary noise.

Two ways this could go

Both paths are shown with equal weight. Neither is a prediction.

Potential bullish scenario

Trigger: A daily close above 104.79 on above-average volume
If it fires: 105.52 as the next area where sellers have previously stepped in
Invalidation: A move back below 103.40 would void this idea

If buyers can absorb the supply sitting at 104.79 and hold above it into a close, the path of least resistance opens toward 105.52. The broader trend already supports this, so it would be continuation rather than a reversal. Given the market is moving roughly 1.99 per bar, allow at least that much room before treating a wick through the level as a real breakout.

Potential bearish scenario

Trigger: Losing 103.40 and failing to reclaim it
If it fires: 103.23, the next level where buyers previously defended
Invalidation: Reclaiming 104.79 would void this idea

If 103.40 gives way and the market cannot recover it quickly, the next obvious area of interest is 103.23. This runs against the prevailing trend, so it would most likely need a catalyst rather than developing on its own. With volatility contained, expect the move to develop over several bars rather than in one impulse.

Trading risks

This analysis reads price history. It cannot anticipate news, and markets reprice on news faster than any indicator updates.
Crypto trades 24/7, so a position can move substantially while you are asleep with no session close to protect you.
Liquidity thins dramatically during weekends and holidays, which exaggerates both directions.
Regulatory headlines remain the single largest source of unhedgeable overnight risk.

Key events to watch

Spot ETF flow data, published daily
Exchange reserve balances and large on-chain transfers
Regulatory announcements and enforcement actions in major jurisdictions

What actually drives Bitcoin Cash: Bitcoin correlation, merchant adoption, block-size debate legacy.

This analysis is educational and should not be considered financial advice. It is generated from historical price data and can be wrong. Markets reprice on news faster than any indicator updates. Never risk money you cannot afford to lose.

Generated Aug 4, 08:13 PM · No live source is configured for this market, so prices are simulated and do not represent real quotes.