- Bitcoin Cash price is trading in the green, with gains of 1.50% in the second half of the session.
- BCH/USD has pushed further north of the key psychological $200 price territory.
- The bulls must break down the supply from $200-250 for greater upside momentum.
BCH/USD daily chart
The bulls are pressing for a significant range breakout, which has contained the price since 19 March, the barrier noted at $220-225.
BCH/USD 60-minute chart
A push north of a descending trend line which had been capping upside from 20 March has now been a breach by the bulls.
Spot rate: 225.70
Relative change: +1.50%
High: 231.07
Low: 218.48