Bitcoin Cash has marked an impressive comeback in the last 14 days, its price increased 32.4%. Its price is hovering ATM around the mark of 300 dollars. While Bitcoin, Ethereum and XRP have been resting the last days, BCH has been steadily rising. BCH hit its low quote on October 23rd which was 206 dollars, in 2 weeks, it rose spectacular 94 dollars. Its trading volume has increased a lot too.
Another great advance was the market dominance where BCH is ranking as Number 4. It took over its rival Litecoin. Its market cap stands at 5.438 billion USD. You can trade Bitcoin Cash almost anywhere, it’s a very popular crypto asset.
Let’s remember that Bitcoin Cash hit the annual lows at 80 USD on December 16th, 2018, rising 6 times to impressive 484 USD on June 26th. From June 26th to October 23rd, it decreased over 50% from its highs. As the price of BCH is still very undervalued, it represent a huge opportunity for investment.
I would like to remind that it max value was reached on December 19th, 2017 when it reached 3,785 USD, as you can see Bitcoin Cash price is at 9% of that spectacular move recorded almost 2 years ago.
What will happen with the BCH/USD price in the next months? Share your opinions.
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