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  • Bitcoin Cash price is trading in the green, with gains of 6.00% in the second half of the session.
  • BCH/USD has staged a near-term rebound, following the bloodshed on Monday. 
  • Despite the respite being given to the price, vulnerabilities still longer for Bitcoin Cash. 

 

BCH/USD 4-hour chart

Price action is moving within a bearish flag structure via the 4-hour chart view. 

 

BCH/USD 60-minute chart

The price has enjoyed a near-term bull flag breakout via the 60-minute, despite the dangers of the above-noted 4-hour chart view. 

 

Spot rate:                 184.10

Relative change:     +6.00%

High:                         184.21

Low:                          147.06