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BCH Hits Triple Rejection at $467 – High-Volume Rebound Fails to Prevent Slight Drop

BCH Hits Triple Rejection at $467 – High-Volume Rebound Fails to Prevent Slight Drop

Author:
CoindeskEN
Published:
2025-06-24 19:09:30
17
2

BCH Stumbles at $467 After Triple Rejection, Ends Slightly Down Despite High-Volume Rebound

Bitcoin Cash bulls just got a brutal lesson in resistance levels. Despite three aggressive attempts to break through the $467 ceiling this week, BCH got smacked down each time—ending slightly lower even after a high-volume rebound that had traders briefly hopeful.

Key Resistance Holds Firm

The $467 mark isn’t just psychological—it’s where sell orders piled up like a Wall Street bonus queue. Each rejection saw heavier volume, suggesting some traders still believe in a breakout. But for now? The bears are winning.

High-Volume Rebound Fizzles

That last-ditch surge on Thursday looked promising—until it wasn’t. The ‘buy the dip’ crowd got their fingers burned again, proving once more that in crypto, hope isn’t a strategy (though it’s still more reliable than most bank savings rates).

What’s Next?

If BCH can’t flip $467 into support soon, we’re staring down a retest of $440. Meanwhile, the ‘triple top’ pattern now etched on the charts has technical analysts reaching for their bearish playbooks—because nothing gets crypto traders more excited than ominous shapes on a graph.

|Square

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