Bitcoin Cash Price Could Reach $600 – Key Resistance at $572
Bitcoin Cash (
$BCH ) is currently trading within a bullish ascending channel, with resistance near $572 serving as a critical breakout point. Hidden bullish divergence on the RSI strengthens the case for a potential move higher, with a short squeeze risk adding further momentum.
If BCH successfully breaks above $572, it could target key levels at $607 and $664, based on Fibonacci extensions. However, a close below $520 would invalidate the bullish outlook and break the current pattern.
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