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07/26 12:18

 Bitcoin Cash hits $555 – Can BCH finally escape

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Bitcoin Cash hits $555 – Can BCH finally escape THIS trendline trap?

BCH breaks out, but will its past rejections haunt this rally?

Bitcoin Cash surged 8%, retesting a trendline that previously triggered 50% drops. Whale activity rose 97% and RSI remains below overbought, keeping breakout hopes alive—for now.

On the 25th of July, Bitcoin Cash [BCH] was spotted in the top gainer list of CoinMarketCap, holding the 3rd spot with an 8% price surge.

The token was trading around $555.2 at the time, a level drawing attention as it aligned with a long-standing descending trendline.
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