Bitcoin Cash (BCH) is currently showcasing a textbook cup-and-handle formation on its monthly timeframe. The pattern appears to be nearing a critical breakout point after confirming a partial pullback from recent highs. This classical technical setup has historically preceded significant upside moves in various assets. Traders watching BCH are paying close attention to whether the price can decisively break above the handle resistance—a move that could signal renewed bullish momentum. The formation's maturation suggests accumulation phase dynamics, with the market potentially preparing for the next leg higher. For those tracking altcoins, this technical development on BCH deserves monitoring as breakout confirmations often attract fresh buying interest and can trigger extended rallies.

BCH0,68%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt