- Bitcoin Cash price is trading in the green, with gains of 5.10% in the second half of the session.
- BCH/USD bulls will need to break down some supply seen at the range of $275-280.
- The next major target to tackle will be the $300, a breakout and closure above is key.
BCH/USD daily chart
The price continues to demonstrate promising signs via the daily chart view, with greater upside still eyed.
BCH/USD 60-minute chart
A big boost was observed overnight as chunky buying came into play at the psychological $250 price mark.
Spot rate: 246.05
Relative change: +5.10%
High: 280.38
Low: 250.16