BTCC / BTCC Square / Coindesk /
Bitcoin Cash Stages 6.4% Comeback as Bulls Dig In at Critical Support

Bitcoin Cash Stages 6.4% Comeback as Bulls Dig In at Critical Support

Author:
Coindesk
Published:
2025-05-31 17:36:12
20
3

Bitcoin Cash Rebounds 6.4% as Bulls Defend Key Support Zone

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.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users