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<ul class="news-points"> 
 <li>Liquidity increased, and the divergence with the price could trigger an uptrend.</li> 
 <li>BCH’s buying momentum increased but risks a retracement if the BB continues to touch the price around $234.79</li> 
 <li>The MACD signaled a possible bullish market structure provided the indicator rises upwards</li> 
</ul> 
<a href="https://coinedition.com/tag/bitcoin-cash-bch/" rel="noopener noreferrer nofollow">Bitcoin Cash (BCH)</a> posted a 7.48% decrease in the last seven days, indicating how the highs recorded in June have become a thing of the past. The fall in value ensured that BCH’s 90-day performance, which was once well above 130%, shrunk to 92.38. 
While traders may be hoping for a reversal in trend, the BCH/USD 4-hour outlook shows otherwise. According to the chart displayed below, BCH’s market structure has been bearish since the coin hit $256.27 on July 31. 
<h2 class="wp-block-heading" id="h-bch-turning-bear-to-bull"><a></a>BCH: Turning Bear to Bull</h2> 
Furthermore, its bearish nature could be linked to a series of selling pressure at $245.09 and $232.18. Although there were mild upswings in between these drops, bullish sentiment failed to prevail despite a retest of $232.74. 
However, indications from the Money Flow Index (MFI) suggest that BCH had a relatively good flow of liquidity coming into the market. But there was a divergence be… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/whats-next-for-bitcoin-cash-bch-after-its-eventual-fall/">What’s Next for Bitcoin Cash (BCH) After Its Eventual Fall?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

What’s Next for Bitcoin Cash (BCH) After Its Eventual Fall?

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