2022 was a year that saw the massive collapse of high-profile companies and the crash of crypto prices. The year's events left many investors with fears and made it difficult for cryptocurrency market analysts to predict prices.
Are you one of those lucky dogs who just decided to stake crypto recently and found themselves in the avalanche of crashing crypto assets? The cryptocurrency market has always been subject to high volatility, but it’s crazy how rapidly the numbers are going down each hour. Both crypto experts and newbies are following the latest news, all stunned by how drastic the changes have been lately.
Bitcoin Cash (BCH) price is in a downtrend as the price has broken below the 50-day line SMA. BCH Price was previously trapped between the moving averages. Price's break below the moving averages signals the resumption of the downtrend.