Bitcoin Cash Price Analysis: BCH/USD closing in on big $500 return
|- Bitcoin Cash price is trading in the green, with gains of 3.50% in the second half of the session.
- BCH/USD is running at seven consecutive sessions in the green, as bulls maintain momentum.
- There is supply observed just ahead of the big psychological $500 price mark.
BCH/USD weekly chart
Bulls are running at three strong weeks in the green, but have consistently been on the rise since the start of 2020.
BCH/USD daily chart
The big psychological $500 is within reaching distance for the market bulls, just some small resistance ahead do that.
Spot rate: 493.25
Relative change: +3.50%
High: 496.93
Low: 466.01
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