Bitcoin Cash Stages 6.4% Comeback as Bulls Dig In at Critical Support
After a brutal sell-off, Bitcoin Cash bulls just flashed their teeth—bouncing hard off a make-or-break price floor.
The Rebound Playbook
No fancy narratives here. Just old-school supply and demand: buyers swarmed at levels that previously triggered rallies, squeezing out a 6.4% recovery. Classic crypto volatility—traders who blinked missed the move.
Why This Level Matters
The defended zone? A cluster of historic swing lows where algorithmic traders and OGs alike place their bids. Lose it, and the next stop could be a 20% haircut. Hold it, and shorts get vaporized.
Meanwhile, Wall Street still can’t decide if crypto is ‘digital gold’ or a gambling addiction with a spreadsheet. Some things never change.