BCH broke out on the long term and surged ahead. Needs some more strength and momentum to sustain. Bitcoin Cash, the split cousin of the largest cryptocurrency Bitcoin, broke out of a descending trendline on the long term chart and rallied hard after a spate of positive news surrounding the BCH and the other major cryptos. BCH/USD is down more than 3 percent on day at $521.25, exactly at the middle point of the day’s range. On the daily chart of BCH, it broke out of a descending trendline late this week after Bitmain’s annuncement of IPO and Google’s removal of ban on crypto ads. All that the BCH bulls now need to sustain this breakout is some more momentum and strength to cross past bigger hurdles of $650-70 range, that would term the bear market over and new bull run beginning. BCH/USD daily chart: 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 CAD: A NAFTA Resolution Would Likely Lead To S/T Boost For CAD In 2-3 Cent Range – CIBC Yohay Elam 4 years BCH broke out on the long term and surged ahead. Needs some more strength and momentum to sustain. Bitcoin Cash, the split cousin of the largest cryptocurrency Bitcoin, broke out of a descending trendline on the long term chart and rallied hard after a spate of positive news surrounding the BCH and the other major cryptos. BCH/USD is down more than 3 percent on day at $521.25, exactly at the middle point of the day's range. On the daily chart of BCH, it broke out of a descending trendline late this week after Bitmain's annuncement of IPO and Google's removal… 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.
