eCash Hard Fork Plan Sparks Controversy
- Fork Launch Timeline: Paul Sztorc announced that the eCash hard fork is set to launch in August 2026, activating at Bitcoin block 964,000, where every Bitcoin holder will receive eCash tokens on a 1:1 basis, potentially impacting current Bitcoin circulation and holding strategies.
- Funding Allocation Controversy: Sztorc plans to manually reassign 500,000 dormant Bitcoin linked to Satoshi Nakamoto, valued at nearly $40 billion, while leaving 600,000 untouched on the forked chain, a decision that has sparked strong community backlash, with many viewing it as disrespectful to Bitcoin holders.
- Community Opposition: On social media, approximately 80% to 85% of replies oppose the proposal, with prominent Bitcoin advocate Peter McCormack labeling the move as
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BCH
Technical Sentiment Analysis for Bitcoin Cash (BCH). As of , Bitcoin Cash (BCH) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 7 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BCH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BCH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin Cash (BCH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 412.093 | 424.547 | 436.793 | 449.247 | 461.493 | 473.947 | 486.193 |
| Fibonacci | 424.547 | 433.982 | 439.811 | 449.247 | 458.682 | 464.511 | 473.947 |
About BCH
About the author
