BTC Market Grubstake [Lower Trend] By Subs. - Bitcoin Cash/Gold or Black_ p.0.2

Contemporary BTC Market Trend

In my previous blog post tried to figure out and represent the scenario of BTC price index aside grubstake of other subs. Bitcoin cash  which most strong subs of Bitcoin whether their transaction procedure has some variety rather this sub also struggling along with Bitcoin in the market for last one & half month. This blog post is the continuation of last post on Bitcoin cash index but here again I would pledge the market trend of BTC then maintain the sequel where explained about BCH/ bitcoin gold/ black and its price configuration of market.

BTC Market Trend

This bearish trend of BTC market start to get the pace at the commencement of the this year 2018. Current state is 1 BTC = $6784.45, this price is not stable, it may goes down more & more. Where the end of this fluctuation & trending lower, many expert says the feel & fear of lowering price tend to traders sell more that causes the trend of price more declining. In 2017 any blockchain transaction means this crypto-currency is roasted chicken piece and in 2018 which is reversed and situation day by day getting worse.

Price index of BTC_ courtesy-cointelegraph

Eventually another Reason of price plunging is Bitcoin or other cryto-currency doesn't have any rational authority to maintain/make decision to keep stable whether the price determined by its clients on the basis of transaction of selling & buying. However, the light of Bitcoin in this moment switch off and there no authority to turn on and tend to push to go up, in some cases few decision or theory / pursue works to create the trend, though its not possible to make bullish rather can be prevent or to postpone for a while. Currently price are quoting just below the $7000 which may touch the Februarys trend of lowest price $6075.04 , which seems feasible. So, according to experts and my opinion each investment & move obviously involve hazard, but don't be panicked , whether make any new trading first do research on  and demeanor with possible brain storming to go for final decision.

Current Price volume of  BTC

BCH[BTC Subs.]Market Analysis

The legacy of Bitcoin tend to bring new crypto-currency as subs. rather to being as competitor, whether a independent system which is not depends on BTC hedge therefore, BCH has strong subsidization in market from its generation to till amid of January, 2018.

BCH Crypto Chart

Recently BCH also struggling along with its descendant. BCH price also plunging and roughly going lower. BCH can't perform as steady as shows the beginning of the year sign of trading market, now its lowering which was lilbit unexpected to investors also to analyst. Though it has lowering trend many expert estimated it will pull back in 20 days of EMA, but its buzzing at $741.6764 on april 03, 2018. Bitcoin cash price is now 1 BCH = $647 which is 1.16 percent lower from last day closing stock. About BCH my observation this is the chance to buy BCH & keep to wait until the market rejuvenating again. Analyst hoping for within this month nor after a while this fluctuations may turn to & may pulling up to bullish trend. There before recommending to investors doing buy trading rather selling.

Trend of BCH/USD in Market

Above index shows the USD paring with BCH and Pricing in various market and the trend as a whole to approximation of capitalization value on the basis of buy & sell transaction.


The blog post on BTC & BCH Market Capitalization continues...to next other post ...


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