Bitcoin Cash Price Analysis: BCH/USD bulls extending through critical $250 barrier
|- Bitcoin Cash price is trading in the green, with gains of 7.45% in the second half of the session.
- BCH/USD momentum is back with the bulls, as the price surges to its highest in almost three weeks.
- A very fast return back into $300 could be observed in no time upon the noted flag breach.
BCH/USD daily chart
The next major barriers to the upside should be noted at; $280 and then $300.
BCH/USD 60-minute chart
A range breach via the 60-minute chart view has invited a strong wave of buying pressure, as the bulls attempt a move above $250.
Spot rate: 260.63
Relative change: +7.60%
High: 263.37
Low: 241.55
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