Bitcoin city Santimentwhile UPS Provident Bitcoin city Santimentwhile

Bitcoin Cash [BCH] reclaims the $150 price level but…

Reading now: 785

Bitcoin Cash [BCH] is among the top gainers in the last seven days after going through another strong bullish phase. An interesting outcome considering that it showed signs of a potential bearish retracement after its mid-month rally.It delivered a substantial pullback on 25 July, setting precedence for a bearish week but it has turned out to be a bear trap.BCH bulls managed to push above the $150 price during 28 July’s trading session after a previous faux bearish attempt.

This is a critical price level because it was the cryptocurrency’s lowest price level in May. BCH has not only managed to reclaim this level but also push past it to its $158 press time price.Source: TradingViewIts price chart reveals a breakout from its descending wedge pattern.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News