Bitcoin Cash

Bitcoin

<h2 id="span-data-font-font-size-style-font-size-20px-long-bullish-candle-breaks-symmetrical-triangle-pattern-yesterday-br-span">Long bullish candle breaks symmetrical triangle pattern yesterday. </h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Price Analysis</a>, Bitcoin Cash initiates a bounce from the 23.60% trend-based Fibonacci level, signaling a potential end to the hibernation phase in the sideways trend.</li>
 <li>The formation of a double bottom at the 23.60% level, coupled with multiple lower price rejections, creates an entry opportunity for sideline traders as buyers gain momentum.</li>
 <li>A significant overnight jump of 15% in <a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-cash-bch-prices-usd" class="f-link" rel="noopener noreferrer nofollow">BCH</a> price results in the fracturing of the resistance trendline, indicating a triangle breakout in the price analysis.</li>
 <li>The uptrend gains strength as it breaks the 38.20% Fibonacci level, hinting at the potential for a new high-momentum rally.</li>
 <li>In tandem with Bitcoin's 7.30% rise in the last 24 hours, Bitcoin Cash price surpasses the $265 barrier, marking a substantial increase.</li>
 <li>The BCH price, in a new breakout rally, sets its sights on a bull run beyond $300, reflecting positive market sentiment.</li>
 <li>If the breakout maintains levels above $265, the uptrend has the potential to reach the $350 mark, as per Fibonacci levels.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $280-$288
SUPPORT LEVEL : $260-$252 <strike></strike> <strike> </strike>
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

BITCOIN CASH Soars: Sky's the Limit for New Highs

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