

Cryptocurrency
BCH’s closing price of 2022 had this BTC connection, will 2023 be any different? – Crypto News
- BCH ends 2022 at a 2-year low
- However, BCH witnessed a growth in coin distribution.
bitcoin cash [BCH]was trading at $97.74 as of 31 December and closed 2022 at a two-year trading low, data from CoinMarketCap revealed. Also impacted by the severe decline in the cryptocurrency market during the year, BCH’s value dropped by 77%.
read Bitcoin Cash’s [BCH] price predictions 2023-2024
Per data from CryptoWatchBCH shares a statistically significant positive correlation with leading coin, Bitcoin [BTC], Hence its performance in 2022 mirrored that of the king coin.
Only for the bears…
An assessment of BCH’s performance on the daily chart revealed that it closed 2022 being severely oversold. In addition, indications derived from the daily chart showed that BCH had lost market control to the bears since 12 December.
A look at the Moving Average Convergence Divergence (MACD) revealed a downward intersection of the MACD line (blue) with the trend line (orange) since 12 December. Thus, kickstarting a new bear cycle for the altcoins. Since then, its price declined by 8%.
Are your BCH holdings flashing green? check the Profit Calculator
The spots occupied by BCH’s Directional Movement Index (DMI) and Exponential Moving Average (EMA) confirmed that sellers had control of the market. At press time, the DMI showed the sellers’ strength (red) at 29.67 was solidly above the buyers’ (green) at 11.55.
Additionally, the Average Directional Index (ADX) also indicated that the sellers had a very strong hold on the market. This could make it difficult for buyers to regain control in the short term.
Furthermore, the Exponential Moving Average (EMA) showed that sellers were currently dominating the market. This was because the 20 EMA (blue line) stood below the 50 EMA (yellow line). This suggested that those who were selling their coins had more influence in the market than those who were accumulating them.
A look at key indicators such as the Relative Strength Index (RSI) and Money Flow Index (MFI) further confirmed the oversold nature of BCH. At press time, these indicators were pegged in downtrends at 39.19 and 32.72, respectively.
Too soon for a bullish relief?
An assessment of BHC’s Chaikin Money Flow (CMF) offered a bullish respite. At press time, the dynamic line (green) of the asset’s CMF posted a positive value of 0.09 and was spotted in an uptrend. Thus, creating a bullish divergence.
A CMF buy-signal is seen when an asset’s price action develops a lower low into oversold zones, with the CMF diverging with a higher low and beginning to rise.
-
Technology5 days ago
Best 5G phones under ₹10,000 in July 2025: Infinix Hot 60, Samsung M06 and more – Crypto News
-
others1 week ago
Ex‑FSL Leader Launches TrendsDotFun to Tokenize Social Media Posts – Crypto News
-
Cryptocurrency1 week ago
Scaling the Future: Bitcoin.ℏ’s 10,000 TPS Advantage with Hedera Hashgraph – Crypto News
-
Cryptocurrency1 week ago
ETH to Lead BTC Over Next 6 Months, Says Galaxy CEO – Crypto News
-
Cryptocurrency1 week ago
Massive Polkadot (DOT) Rally Ahead? Here’s What’s Driving It – Crypto News
-
Technology7 days ago
Why is Shiba Inu Price Up Today? – Crypto News
-
others6 days ago
Japan CFTC JPY NC Net Positions rose from previous ¥103.6K to ¥106.6K – Crypto News
-
Blockchain5 days ago
Tether Gold (XAUt) Market Cap Soars as Gold Hits Record Highs in 2025 – Crypto News
-
others7 days ago
Arthur Hayes-Backed Altcoin Outpaces Crypto Market Amid Launch of New Partnership With Anchorage Digital – Crypto News
-
Cryptocurrency1 week ago
ETH to Lead BTC Over Next 6 Months, Says Galaxy CEO – Crypto News
-
De-fi1 week ago
Stablecoin Flows are Directly Impacting Treasury Yields: Messari – Crypto News
-
Cryptocurrency1 week ago
Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume – Crypto News
-
others1 week ago
US Dollar finds support amid Fed uncertainty and tariff talks – Crypto News
-
Technology1 week ago
‘Screwed up’: Sam Altman warns against using ChatGPT as your lawyer or therapist – Crypto News
-
Technology5 days ago
Who is Shengjia Zhao? ChatGPT co-creator named Chief Scientist at Meta’s Superintelligence Labs – Crypto News
-
Cryptocurrency5 days ago
Market update: Bitcoin rises after US-EU announce framework trade agreement – Crypto News
-
Cryptocurrency5 days ago
Bitcoin and Ethereum ETFs Pull in Record-High $11.2 Billion in July – Crypto News
-
Cryptocurrency1 week ago
Denver Pastor, Wife Indicted in Alleged $3.4 Million Crypto Scam – Crypto News
-
Cryptocurrency1 week ago
Friday charts: Crazy train investing – Crypto News
-
De-fi1 week ago
Windtree Therapeutics Plans $520 Million Raise, 99% for BNB, Secures $500M Equity Line, Uses Kraken Custody – Crypto News
-
Business7 days ago
Buy DexScreener Reactions – Boost Legends: Guide + $5 Bonus – Crypto News
-
De-fi5 days ago
ETH Unstaking Queue Hits Record High, Led by Justin Sun-Linked Addresses – Crypto News
-
others5 days ago
‘Sit Tight With Bitcoin’ Robert Kiyosaki Predicts Great Depression 2.0 – Crypto News
-
Business5 days ago
Ethereum Breaks $3,900 as SharpLink Makes Another $295M ETH Purchase – Crypto News
-
Business5 days ago
Breaking: US SEC Delays Launch Of Truth Social’s Bitcoin ETF And Grayscale’s Solana ETF – Crypto News
-
Metaverse3 days ago
OpenAI rolls out ‘Study Mode’ in ChatGPT: What is it? How to use? All your questions answered… – Crypto News
-
Business1 week ago
Why is PENGU Price up today? – Crypto News
-
Business1 week ago
Crypto Market Crashes Amid Trump’s Threat to Increase Tariffs – Crypto News
-
Blockchain1 week ago
BNY, Goldman Launch Blockchain Solution – Crypto News
-
De-fi1 week ago
Goldman Sachs, BNY to Launch Tokenized Money Market Fund – Crypto News
-
Metaverse1 week ago
How AI can weave a future for Kashmir’s centuries old carpet industry – Crypto News
-
Cryptocurrency1 week ago
Tea App That Claimed to Protect Women Exposes 72,000 IDs in Epic Security Fail – Crypto News
-
Cryptocurrency5 days ago
ZK breakthroughs, onchain comebacks and stablecoin shakeups – Crypto News
-
Technology5 days ago
Solayer Launches USDC-Powered Hotel Booking Platform To Give Crypto Travel a Boost – Crypto News
-
Technology3 days ago
Spotify hits 276M subscribers and strong user growth in Q2, but revenue and profit fall short of targets – Crypto News
-
others1 week ago
USD/INR refreshes monthly high on relentless FIIs sell-off in Indian equities – Crypto News
-
Technology6 days ago
Indias startup wave merges AI with tradition for smarter daily solutions – Crypto News
-
De-fi6 days ago
Bank of America Says U.S. Lenders Ready Stablecoin Launches – Crypto News
-
Technology5 days ago
Just In: $111B Brokerage Giant Interactive Brokers Explores Stablecoin for Funding – Crypto News
-
others4 days ago
EUR/USD dives as the US Dollar outperforms with all eyes on the Fed decision – Crypto News
-
others4 days ago
Breaking: PayPal to Let Merchants Accept Payments in Over 100 Cryptocurrencies – Crypto News
-
others3 days ago
Blockchain Gaming Is Growing Up – What’s Behind the Sector’s Quiet Comeback – Crypto News
-
Technology2 days ago
Is AI causing tech worker layoffs? Thats what CEOs suggest, but the reality is complicated – Crypto News
-
Blockchain2 days ago
SEC Crypto ETFs Ruling Brings Structural Fix, Not Retail Shakeup – Crypto News
-
De-fi1 week ago
Aavegotchi Holders Push Back Against $3.2 Million Buyout Bid from Chinese VC – Crypto News
-
Cryptocurrency1 week ago
How to Invest in Cryptocurrency In India – Crypto News
-
others1 week ago
Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution – Crypto News
-
Business1 week ago
Elon Musk’s Tesla Reports $284 Million Gain On Bitcoin Holdings – Crypto News
-
Cryptocurrency1 week ago
Nasdaq-listed Wellgistics Health adopts XRP Ledger for real-time payments – Crypto News
-
Blockchain1 week ago
Spot Ether ETFs Hit $453M in Inflows, Extend 16-Day Streak – Crypto News