- Bitcoin Cash price is trading in the red, up with losses of 3.30% in the second half of the session.
- BCH/USD price action via the daily produced a bearish evening star earlier in the week.
- Key critical demand noted at $280-260 price range via the daily chart view.
BCH/USD daily chart
Price action retested and rejected a breached bearish pennant via daily, forcing a formation of an evening star.
BCH/USD 60-minute chart
Demand via thee 60-minute view should be noted at $275-260 range.
Spot rate: 285.92
Relative change: -1.30%
High: 283.53
Low: 269.85
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