The Bitcoin Cash price line rises up across the $350 mark on the 6th of March. The cryptocurrency saw an abrupt increase in the price at the beginning of the day. It is suggested, that the cryptocurrency will soon see itself to its halving, possibly on the 8th of April. Trading view analyst profitable_Meduza believes that the cryptocurrency may see bulls towards the $900 mark by the end of this year.
1-Day Bitcoin Cash Price Analysis (06th March)
The Bitcoin Cash price line entered the day’s chart with a trading value near the $336 level. The cryptocurrency rose across the $350 mark by 05:27 GMT and it showed dishevelled price movements until noon. The cryptocurrency saw a downward movement and slipped below the $342 mark for a brief moment, after which it moved back across the $352 level and towards the $354 mark. The coin scored a day’s high of $353.982 US Dollars. Currently, the cryptocurrency trades at $347.020 US Dollars.
Bitcoin Cash: predictive analysis
profitable_Meduza is of the opinion that BCHUSD is head towards a bullish spree. The crypto analyst has suggested that the cryptocurrency may achieve the $900 mark by the end of this year.
According to the predictive analysis posted above, Bitcoin Cash is expected to move towards the $887.70 mark with a speed of rising that is drawn by profitable_Meduza in the chart posted above.
Featured Image by Russell Daniel.
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.