- Bitcoin Cash price is trading in the red, with losses of % in the second half of the session.
- BCH/USD has been forced to consolidate over the last seven sessions, following a strong push north.
- Should the barrier at $360 be broken down, the next major price mark will be eyed at $500.
BCH/USD weekly chart
The bulls are making solid ground, after completing another weekly closure in the green.
BCH/USD daily chart
Market bulls are trying to break down heavy resistance at $330-365, a breach should open the door to further upside momentum.
Spot rate: 333.25
Relative change: +1.75%
High: 348.01
Low: 322.38