Price predictions 5/8: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH
Bitcoin continues to find buyers on each dip, but charts suggest traders may struggle to overcome the $84,000-$92,000 resistance cluster.
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Bitcoin continues to find buyers on each dip, but charts suggest traders may struggle to overcome the $84,000-$92,000 resistance cluster.
Key takeaways Bitcoin Cash price extends gains on Wednesday, up over 3% since Tuesday. Derivatives data support a bullish bias, with increasing open interest and long positions accumulating. Bitcoin Cash (BCH) continued its strong recovery on Wednesday, climbing above $489 and extending weekly gains beyond 8% as bullish positioning across the derivatives market reinforced the […] The post BCH targets breakout above $500 as bullish derivatives sentiment surges appeared first on CoinJournal.