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  • Bitcoin Cash price on Thursday is trading in positive territory by 3.20%.
  • BCH/USD has found some buying interest around the $300 price territory, hitting a double bottom formation.  

  • Price action via the daily chart view is moving within a bearish flag structure.  

Spot rate:                   312.68

Relative change:       +0.80%

High:                          312.78

Low:                           293.86


BCH/USD daily chart

  • The price is moving within a bearish flag pattern formation, subject to a potential breakout.  

BCH/USD 60-minute chart

  • The upside is capped $320-325, near-term resistance, support running form $300-285 range.