Search ForexCrunch
  • Bitcoin Cash   price in the second half of Monday is trading in the red, down some 0.70%.  
  • BCH/USD is stuck within consolidation mode, after the hard selling seen from late June carrier into mid-July.  
  • Price action has formed a bearish pennant structure, subject to a potential breakout the downside.


Spot rate:                  307.98

Relative change:       -0.70%

High:                          215.11

Low:                           205.89


BCH/USD 60-minute chart

  • The price is being supported near-term by an ascending trend line, as seen via the 60-minute chart view.  

BCH/USD daily chart

  • A bearish technical pennant is subject to a potential breakout to the downside.