$BCH is trading around $520–$650, recently hitting year-to-date highs after a bullish breakout and supportive macro moves.
Market cap remains solid with active trading volume, showing ongoing institutional and retail interest.
📈 Technical Outlook
Bullish Signals
Analysts see short-term targets of $580–$630 and medium-term $650–$750+ if BCH sustains above key breakout levels.
Breakouts above immediate resistance ($600–$620 zone) could fuel momentum toward $700+ and even psychological targets near $1,000 in extended bull phases.
Technical patterns like ascending triangles and Fibonacci extensions support continued upside if buyers hold key supports.
Bearish Risks
Derivative indicators and broader sell-offs have shown weak momentum at times, meaning the rally isn’t fully confirmed and volatility remains elevated.
A break below key support near $580–$510 could shift the bias back to short-term bearish.
🔮 What Traders Are Watching
Key Levels
📍 Support: ~$510–$580
📍 Resistance: ~$620–$700
🎯 Bullish continuation: above ~$700
🛑 Bearish trigger: sustained break below ~$510
Macro Catalysts
Broader risk assets (like crypto/tech stocks) showing strength helps BCH.
Upcoming tech upgrades or adoption news could rapidly shift sentiment.
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