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  • Bitcoin Cash price is trading in the green, with gains of 3.20%   the session on Thursday.
  • BCH/USD daily price action moving is subject to a potential impulsive breakout.  
  • The big psychological  $200 price mark is being tested to the downside.  

 

BCH/USD daily chart

Price action is moving within a narrowing range block formation, the high up at $240, the low down at $210.  

BCH/USD 60-minute chart

Critical near-term hourly supply within the $215 – 217 price territory.  

 

Spot rate:                   216.79

Relative change:       +3.20%

High:                          217.46

Low:                           206.45