Bitcoin Cash Price Prediction : BTC hits another low level !

Bitcoin Hits Another Low level, the price of BTC almost went down 50% this Week, How much it will fall or rise in december 2018: Bitcoin Cash Price Prediction 2018, BTC news today

What is Bitcoin cash and how it id different from Bitcoin?

The BCH is the 4th largest cryptocurrency. the current price of bitcoin cash is $207.32. Bitcoin cash was created to overcome from the two big challenges of Bitcoin. To overcomes the high BTC transaction fee and low speed of transaction and conversation. Bitcoin’s transaction fee is around $1.31, whereas Bitcoin cash fee is around $0.125. The Bitcoin cash can process a higher number of transactions per second in compare to Bitcoin.

Also check: Top 3 price Prediction Bitcoin, Ripple, Ethereum (December 2018)

Bitcoin Cash Price Prediction 2018, BTC news today
Bitcoin Cash Price Prediction : BTC hits another low level !

Bitcoin cash price today

Bitcoin Cash price is price for $207.32 USD on 24th November 2018. Its current circulating supply is 17,475,188 BCH with a market cap of $3,612,517,240 USD. The price of BCH is going down at a very high speed, it goes down by 50% in this week, This is really a very sensitive situation for cryptocurrency community. The BCh already crossed the level of $4k in end of 2017 but in 2018 is is just falling.

Also see: Can we see Hike in BTC by December 2018? Bitcoin price Prediction

Bitcoin Cash price prediction today: BCH might go bullish very soon

The Bitcoin Cash was created as a childish version of Bitcoin, and it increase at a very fast speed. the growth in BCH price was really unexpected that’s why still BCH investors are optimist for the price of BCH. The investors figuring out the price of BCh continuously and saying it would rise once again or whether the price of Bitcoin cash would languish around these levels for a long period of time.

90% of Cryptocurrency will fall: BTC, ADA, TRX, XRP price prediction 2018

Bitcoin cash price predictions 2018:

The current price of Bitcoin cash is $207.32 USD, In last 7 days BCH goes down by 50% that is really bad for investors. The previous prediction about Bitcoin cash by multiple analyst looks false if we see the current price of BTC. The one-year forecast of Bitcoin cash that is approximately by the end of this year is around $ 6700. Similarly, the five-year forecast of Bitcoin cash price is around $ 24,600. But only one month left and it could be impossible to achieve this price target, Bitcoin cash price can achieve maximum 1000$ if it start to increase and if the fall in price will be continue it could be $1.

Also read: Tom Lee’s dropped his Bitcoin Price Prediction from $20k to $15k

Advantages of Bitcoin cash:

  • The bitcoin cash was launched to speed up the transactions. the Bitcoin cash can process a higher number of transactions per second in compare to Bitcoin.The transaction times of Bitcoin cash are much faster.
  • the transaction fee of bitcoin cash is very low in compare to Bitcoin. Bitcoin’s transaction fee is around $1.31, whereas Bitcoin cash fee is around $0.125.
  • The shorter transaction times is the key reason of increasing the value of Bitcoin cash and it will be continue.
  • Bitcoin cash might be a good option for long term inevitable because Bitcoin cash would also mimic the trend in Bitcoin.

Will Bitcoin reach $10000 by end of 2018? Bitcoin Price Prediction

Bitcoin cash price predictions by top market analyst

#1 Trading Beasts

Trading Beasts predict that the BCH price might reach $1,689.67 by the end of 2018. They believe 2019 might prove to be lucky for BCH and its price can move upwards to around $2703.17 by 2019 end. They predicted that for 2020, BCH price can increase as much as $5,635.44 and be as low as $3832.10.

#2 Roger Ver

Roger Ver, referred to as Bitcoin Jesus has been a vocal supporter of Bitcoin Cash since its inception and predicts that Bitcoin Cash might be 2 times more valuable in a years time. According to him, Bitcoin Cash is popular as it can be stored and spent similar to cash, which makes it possible to be used in day to day life activities.

#3 Smartereum

Smartereum is a crypto prediction website predicts that Bitcoin Cash might reach as high as $6700, which is around 500% growth in less than a year. Similarly, the five-year prediction of Bitcoin cash price is around $ 24,600.

#4 Wallet Investor

Wallet Investor is one of the cryptocurrency prediction websites, which stays updated and it predicts that the value of BCH might be devalued and it might fall to around $0.00714 by the end of 2018. This was a very pessimistic bearish prediction if you consider the current price.

#5 Profit Confidential

Profit Confidential predicts that Bitcoin Cash can plunge upwards and might reach $7K by the end of 2018. Well, 2018 is towards its last leg, hence this prediction is totally optimistic bullish and not pragmatic.

You May Also Like

About the Author: Rupali Gupta

Rupali Gupta is a blogger, digital marketer and gadget freak, she loves to grab everything happing in the tech and crypto industry. Connect with her at @meetrupaligarg, google plusand about page

Leave a Reply

Your email address will not be published. Required fields are marked *