Crypto:
34187
Bitcoin:
$86.629
% 1.58
BTC Dominance:
%60.5
% 0.12
Market Cap:
$2.83 T
% 1.36
Fear & Greed:
47 / 100
Bitcoin:
$ 86.629
BTC Dominance:
% 60.5
Market Cap:
$2.83 T

Bitcoin Cash (BCH) Technical Analysis: Downtrend Continues!

Bitcoin Cash

Bitcoin Cash (BCH) continues to follow its downward trendline on the daily chart. The price has once again faced rejection from the descending trend and pulled back into a bullish Fair Value Gap (FVG) — a critical support zone.

Key Support: Bullish FVG Area

This support zone acts as an area of previously inefficient price action, where buyers may potentially step in. If this zone is lost to the downside, the next major support lies at $271, which aligns with historical reaction levels.

Breakout Scenario

If BCH receives a bullish reaction from this zone and manages to break the downtrend with strong volume, the first target will be $418 — a significant pivot zone that has acted as support/resistance in the past.


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A sustained move above $418 would open the door toward the next key resistance at $452, which has historically triggered major sell-offs.

Bitcoin Cash, Bch
Bch/Usdt Pair Daily Chart.

BCH is currently trading at a pivotal technical zone. A breakdown could lead to further correction toward $271, while a breakout may initiate a trend reversal toward higher resistance levels. Traders should stay alert and prioritize risk management.


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