BCH Price Prediction: The $249 Wall Will Make or Break BCH’s July Rally
The post BCH Price Prediction: The $249 Wall Will Make or Break BCH’s July Rally appeared on BitcoinEthereumNews.com. Rongchai Wang Jul 08, 2026 08:53 BCH is sitting at $236.10, pinned beneath a dense resistance cluster between $242 and $249, with a dead MACD histogram and a Stochastic rolling over from elevated levels. Bulls have 48 hours to pro… Market Context: Why BCH is Moving Now BCH spent the last 24 hours trapped in an $11 range between $234 and $245, and that tightness tells you something. Buyers stepped in at the intraday low of $234 but couldn’t push price back through the session open. When a bounce off support fails to reclaim the pivot — in this case $238.37 — you’re looking at a market where sellers are more patient than buyers are aggressive. What’s keeping the chart from completely rolling over is BCH’s position comfortably above the 20-day SMA at $210.62. That level absorbed the prior selling wave and gave the short-term trend structure enough footing