The Bitcoin Cash price line shows dishevelled price movements on the price charts for the 17th and 18th of March. The cryptocurrency showed price peaks and falls within a day’s range of $170.00 — $186.25. Trading view analyst profitable_Meduza is of the opinion that the top 20 altcoins will bleed while BTC will head to 3K once again.
1-Day Bitcoin Cash Price Analysis (17th – 18th March)
The cryptocurrency stood right above the $170 level at the start of the 17th of March, after which the price line saw bulls towards the $182.50 level and it showed ruffled price movements over the price chart for the rest of the 24-Hour price analysis. The coin saw a day’s high of $192.96 US Dollars on the 17th of March, after which it came back near the $182.50 mark.
The coin closed on the 17th of March with a trading value of $183.76 US Dollars and it saw a bearish momentum which caused the price line to lower itself towards the $170 mark. After seeing itself to a price recovery, the coin currently trades at the $180.21 mark.
Bitcoin Cash: predictive analysis
profitable_Meduza believes that while Bitcoin heads to 3K again, the top 20 altcoins will bleed more than the Bitcoin. The crypto analyst suggested that the coins will bleed 5% more as compared to BTC.
Featured Image by Markus Spiske.
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.