- Bitcoin Cash price is trading in the green, with gaines of 0.35% in the second half of the session.
- BCH/USD is being capped by upside resistance observed around the $450 mark.
- A break down of the noted barrier should open a fast return for the big $500 level.
BCH/USD weekly chart
The price has been pushing aggressively higher for the last seven weeks, with the bulls aiming for a move back into $500.
BCH/USD daily chart
Price action is consolidating, which has been the case for going on five sessions now.
Spot rate: 451.69
Relative change: +0.35%
High: 462.64
Low: 435.74
Share
