Ken Chigbo
Independent Analyst
- Bitcoin Cash price in the second half of the session on Monday is trading in the green up with gains of over 1%.
- BCH/USD bulls are attempting to breakdown heavy supply around $450 price area.
- A surge of life came back into play for the bulls during the session on Sunday, seen across the market.
Spot rate: 438.25
Relative change: +1.15%
High: 447.70
Low: 425.59
BCH/USD 60-minute chart
- The significance of the $450 can be observed via the 60-minute view, where the price has faltered on several occasions this month.
BCH/USD daily chart
- Bulls are attempting to breakdown a large barrier that can be seen at $450 price territory, looking like the gateway to further potential upside.
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