Bitcoin Cash (BCH) has been trading within a wide range since April 2024, recently dropping 25% from $465 to $348 after failing to hold the $460 support. Technical indicators like RSI and Stochastic RSI suggest the market is oversold, signaling a potential short-term bounce to levels between $418 and $489. However, this bounce is likely a relief rally, and the overall trend remains bearish, favoring sellers. Traders are advised to avoid FOMO and consider selling on the bounce rather than buying it.
Bitcoin Cash (BCH) fell 7.7% in 24 hours and 12% over the past week, driven by bearish sentiment following Federal Reserve Chair Kevin Warsh's hawkish speech. The altcoin's Open Interest dropped 9.6%, reinforcing short-term selling pressure. Technica...
The crypto market cap closed the week flat at $2.73 trillion after volatile swings between $2.70 trillion and $2.79 trillion, following a prior week’s $500 billion surge. Bitcoin showed resilience, finishing with a modest 1% weekly gain and over 20% ...
