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Bitcoin Cash trades mixed near $287 amid balanced technical signals and more selling in derivatives.

Technical Signals
12 Oct 2026, 11:55 WIB
Tokenpost
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Neutral
Bitcoin Cash trades mixed near $287 amid balanced technical signals and more selling in derivatives.

Bitcoin Cash (BCH) traded around $286.90 on October 12, showing mixed technical indicators and no clear directional trend. It remained below some short-term moving averages but above the 50-day average, with resistance near $291.70 and support around $279.50. Derivatives data showed more sell-side activity, with a taker buy-sell ratio below 1 and a slight decline in open interest. The combination of balanced MACD readings and seller-heavy futures suggests cautious market sentiment without a confirmed trend direction for BCH at this time.

Bitcoin Cash trades at Rp5.108.220 on Pluang, showing a 3.08% gain as of Oct 12, 2026 16:02 WIB. Despite the futures market's cautious sentiment with a taker buy-sell ratio below 1 noted in the article, Pluang data reveals a strong sell-side order activity at 84%, with typical holders keeping BCH for 68 days. This contrast highlights mixed market dynamics around BCH today.

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