Bitcoin Cash

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

213.38-0.26%

Price · last 3 months

Live · CoinGecko

Market trend

Bearish

55/100 confidence

Bitcoin Cash is moderately bearish 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 averagebearish
EMA 20 vs EMA 50bearish
MACD momentumbullish
RSI (14)neutral
Bollinger positionneutral
Market structurebearish

Key levels

220.31+3.25%
227.20+6.48%
230.97+8.24%

Price213.38

205.97-3.47%
192.86-9.62%
181.29-15.04%

60.4%annualised · normal

Volatility is around its normal level for this market — no particular warning signal from the range itself.

How this developed

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

Closed above 220.31
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
15d ago
Closed above 230.97
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 4
Closed above 220.31
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 3
Closed above 227.20
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 3
Jumped 7.26% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (5.96%).
Jul 1
Closed below 192.86
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 below 192.86
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 205.97
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 18
Closed above 220.31
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 15
Closed below 205.97
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 12
Closed below 192.86
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 10
Closed below 205.97
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 9
Closed above 220.31
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 7
Closed above 227.20
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jun 7
Dropped 12.11% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.7× its typical daily range (7.08%).
Jun 5
Dropped 11.35% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.9× its typical daily range (5.94%).
Jun 3
Dropped 6.29% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (5.18%).
Jun 2
Dropped 11.77% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 2.6× its typical daily range (4.54%).
May 28
Dropped 4.97% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.3× its typical daily range (3.87%).
May 23

Summary

Writing

Technical indicators

Computed from 90 bars over the last 3 months.

215.62 / 235.13

bearish

The 20-period average has crossed below the 50-period average — sellers have had the upper hand and rallies have been sold into.

45.8

neutral

At 46 momentum is in the normal band — neither stretched nor exhausted, so RSI is not arguing for a reversal in either direction.

-3.9197

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.

0.50× average

neutral

Activity is 50% below average. Thin participation makes the current move easier to reverse and less reliable as a signal.

7.40 (3.47%)

neutral

The market has been moving about 7.40 per bar, or 3.47% 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 220.31 on above-average volume
If it fires: 227.20 as the next area where sellers have previously stepped in
Invalidation: A move back below 205.97 would void this idea

If buyers can absorb the supply sitting at 220.31 and hold above it into a close, the path of least resistance opens toward 227.20. This would be counter-trend, so it needs stronger confirmation than usual — a single spike through the level is not enough. Given the market is moving roughly 7.40 per bar, allow at least that much room before treating a wick through the level as a real breakout.

Potential bearish scenario

Trigger: Losing 205.97 and failing to reclaim it
If it fires: 192.86, the next level where buyers previously defended
Invalidation: Reclaiming 220.31 would void this idea

If 205.97 gives way and the market cannot recover it quickly, the next obvious area of interest is 192.86. This aligns with the prevailing trend, which makes it the higher-probability of the two paths here. 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, 09:12 PM · Live market data from CoinGecko.