Bitcoin Cash: Ang mga nagbebenta ay naghahanap upang palawigin ang mga pakinabang
Bitcoin Cashs [BCH] price action continued to dip slowly after another rejection at a critical price level. Bulls had made some progress with their goal of reversing recent losses after a steep dip from its 2023 high. Read Bitcoin Cashs [BCH] Price Prediction 2023-24 However, the combination of critical resistance levels and a bearish trendline limited any bullish rebound. With Bitcoin [BTC] continuing to range between $29k and $29.4k, a lack of buying pressure can extend gains for sellers. Critical price hurdles limit bullish reversal Pinagmulan: BCH/USDT sa Trading View Bitcoin Cashs ranging price movement along the critical $248 price level has come to a headlong over the past 72 hours. The price report highlighted the importance of the level to a continuation of the bearish trend or a bullish reversal. The bullish attempt to take the level on 1 August was swiftly curtailed due to the confluence of selling pressure in the market and the bearish trendline. This led to a further price drop with BCH trading at $227, as of press time. Sellers looking to ride the bearish wave can wait for a retest of the bearish trendline for new shorting opportunities. Sellers can target profit levels at $190 – $210. On the flip side,







