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Bitcoin Cash Price Analysis: BCH/USD bulls rocket to eight-month highs

  • Bitcoin Cash price is trading in the green, with gains of 2.35% in the second half of the session.
  • BCH/USD bulls have been climbing for going on eight sessions now, breaking a barrier at $450. 
  • The price is now trading at the highest levels seen since June 2019. 

 

BCH/USD daily chart

The price is just a final push away from a return into the psychological $500 territory. 

BCH/USD 60-minute chart

Near-term price action at risk of a pullback into the breached 60-minute price range. 

 

Spot rate:                 464.91

Relative change:     +2.35%

High:                         482.62

Low:                          463.93

 

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