- Bitcoin Cash price holding enormous gains late on Wednesday, up over 27%.
- BCH/USD has rallied over 80% over the past four days, highest level printed since 5th December.
BCH/USD 15-minute chart
Spot rate: 131.95
Relative change: +27.22%
High: 134.59
Low: 103.57
Trend: Bullish
Resistance 1: 134.00, daily pivot point resistance.
Resistance 2: 150.00, 25 November low.
Resistance 3: 200.00, psychological resistance.
Support 1: 90.41, daily pivot point support.
Support 2: 76.80, daily pivot point support.
Support 3: 68.61, daily pivot point support.
BCH/USD 60-minute chart
- Price fast approaching 61.8% Fibonacci, which may be a minor barrier, seen at $140.
BCH/USD 4-hour chart
- There isn’t too much in the way of resistance until the psychological $200 mark.