BCH/USD spiked up from $380.55 to $444.75 this Wednesday. RSI indicator fell from 78.15 to 72.65 following bearish correction. BCH/USD daily chart BCH/USD bears stepped in to correct the market following a heavily bullish Wednesday. This Wednesday, the price of the asset rose from $380.55 to $444.75, which has since corrected to $434.85 in the early hours of Thursday. The price is hovering above the red Ichimoku cloud, SMA 20, SMA 50 and SMA 200. The RSI indicator went up to 78.15, showing that BCH/USD had become overpriced. This Thursday’s bearish correction dropped the RSI down to 72.65. The MACD indicator shows increasing bullish market momentum. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/INR: Rupee seen lower at 72.00 in a year – Reuters poll FX Street 3 years BCH/USD spiked up from $380.55 to $444.75 this Wednesday. RSI indicator fell from 78.15 to 72.65 following bearish correction. BCH/USD daily chart BCH/USD bears stepped in to correct the market following a heavily bullish Wednesday. This Wednesday, the price of the asset rose from $380.55 to $444.75, which has since corrected to $434.85 in the early hours of Thursday. The price is hovering above the red Ichimoku cloud, SMA 20, SMA 50 and SMA 200. The RSI indicator went up to 78.15, showing that BCH/USD had become overpriced. This Thursday’s bearish correction dropped the RSI down to 72.65. The MACD… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.