Analysis for 2020-06-10
Bitcoin (BTC) Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 602 569 672. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from the sellers, however, the potential for upward rebound is still there. As part of the cryptocurrency rate forecast for March 13, 2024, we should expect an attempt to develop a downward correction of the asset value and a test of the support level near the area of 315.05. Where again we should expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above the level of 445.05.