Bitcoin Cash Price Analysis: BCH/USD bulls need to break above $250 for greater buying pressure
|- Bitcoin Cash price is trading in the green, with gains of 0.20% in the second half of the session.
- BCH/USD is back within the control of the market bulls, running towards four straight days in the green.
- In terms of key levels to note, an upside barrier should be noted at $250, with support down at $200.
BCH/USD daily chart
The bulls must break above $250, to invite greater buying momentum.
BCH/USD 60-minute chart
A bullish pennant flag structure is viewable via the 60-minute chart view, subject to a potential breakout north.
Spot rate: 232.40
Relative change: +0.20%
High: 236.49
Low: 229.97
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