Bitcoin money can regain $50 after the recent $550: check the forecast
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BCH is up 15% in the past week, reclaiming $600 in the process.
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Beech is now the 11th largest retailer by market cap
The Cryptocurrency Part Market pressures the new week, Bitcoin, Ether and XPN in the green. Bitcoin is currently above $9200 and above $32k.
Bitcoin Cash (BCH) has become one of the best performers among the top 20 cryptocurrencies by market cap. In the last seven days, the beautiful market of Crypocountypenum has increased by 15%.
After releasing it earlier this month, after $500, Boully allowed it to return to the $600 level. At press time, Beech is struggling at $594, but it could bring a higher level nearby. The chain is the chain (link) and hi perpoliquide (hypolidiid (Holpidid) and is currently the 11th largest cryptocurrency in terms of market cap.
BCH supports resistance above $650
BCH / USD 4-hour chart is very good and effective among the 20 major activities in the market cap in the last seven days. The coin is the most advanced parent Bitcoin, Ether, XP and other tokens.
Momentum indicators indicate that buyers are currently in control of the market. The relative strength index of 59 is above the neutral 50, suggesting that market conditions are declining. The macrodos lines are spread out in the bulk zone to the bud zone and mark the entry of traders.
If the rally continues, Beech will move to the next major resistance level at $650, the highest level since the beginning of the year. The next major resistance is at $720, the 2024 high.
However, if the recovery fails, Bitcoin Cash may re-examine the $550 Wind Liquid (ED) in the next few hours or days.
