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  • Bitcoin Cash price in the second half of the session on Friday is trading well into the green, big gains of over 8%.  
  • BCH/USD has heavily outperformed its peers with the large gains in the session, as life is kicked back into bulls.  
  • The bulls must breakdown supply around the April high levels, for greater upside.  

 

Spot rate:     288.12

Relative change:   +8.60%

High:             296.50

Low:              262.33

 

BCH/USD 60-minute chart

  • Price picked up momentum to the upside after moving out from a range-block formation, which contained the price from Wednesday.

BCH/USD daily chart

  • Bulls managed to escape from a bullish flag pattern, with the April highs in scope to be tackled.