Bitcoin Cash (BCH) Primed for Explosive Rally After Successful Retest, Top Trader Reveals

Bitcoin Cash breaks through resistance levels as technical analysis signals major upward momentum.

The Retest That Changed Everything

BCH completes critical support test, confirming bullish pattern that historically precedes massive price movements. Trading volume spikes 40% as institutional money flows into the cryptocurrency.

Technical Breakout Confirmed

Chart patterns show textbook-perfect retest completion, with moving averages aligning for the first time since the 2023 bull run. The 50-day SMA crosses above the 200-day—a golden cross that typically signals extended rallies.

Market Sentiment Shifts

Traders abandon caution as BCH outperforms major altcoins, gaining 15% while Bitcoin consolidates. Derivatives data reveals shorts getting liquidated at an accelerating pace.

Institutional FOMO Begins

Whale wallets accumulate BCH at current levels, with blockchain data showing addresses holding 10,000+ coins increasing by 8% this month. Because nothing says 'smart money' like chasing yesterday's winners.

The stage sets for BCH to lead the next altcoin season—whether fundamentals justify the hype remains the billion-dollar question nobody's asking.

Daily Price Action Confirms Bullish Outlook for Bitcoin Cash (BCH)

The daily chart shows that BCH bounced off a key level at around $420 that had acted as both support and resistance in the past. Bitcoin Cash experienced a less pronounced downturn onOctober 10, emphasizing its resilience compared to peers.

The price broke above the 200-day exponential moving average already, favoring a bullish long-term outlook, and could soon retest the $600 swing high, meaning a 12% upside potential in the NEAR term.

Meanwhile, if bullish momentum accelerates and BCH rises past this mark, we could witness an even stronger push to $1,000 at least. This coincides with CW8900’s predictions.

The Relative Strength Index (RSI) just flashed a buy signal upon crossing above the 14-day moving average and the midline. The stage looks set for an explosive move, and it still seems to be early enough to catch most of the upside.

A Bitcoin-linked scaling solution like Bitcoin Hyper ($HYPER) could benefit from the rise of BCH. This project has already attracted over $25 million from investors who have participated in its hot crypto presale and could be one of this cycle’s still-hidden gems.

Bitcoin Hyper ($HYPER) Prepares to Launch the First Real Bitcoin L2

Bitcoin Hyper ($HYPER) marks a new era for bitcoin by tackling its biggest limitations — slow speeds, high fees, and lack of programmability.

Built as Bitcoin’s first real layer 2 chain, it brings lightning-fast transactions, lower costs, and the power to build dApps directly on top of Bitcoin’s secure foundation. This is also possible with the help of the more efficient solana blockchain, on which the Hyper L2 relies.

The Hyper Bridge receives Bitcoin tokens safely on the OG network and mints the corresponding amount of the Hyper L2 with near-instant finality. Once in there, BTC holders can easily earn yield, stake, and lend their assets.

With staking rewards sitting at a 47% APY, Bitcoin Hyper is positioning itself as the next major evolution in Bitcoin’s long-awaited pivot to the DeFi world.

Early buyers can join the Bitcoin Hyper presale at an entry price of $0.01395. The price increases periodically as more tranches are sold.

To buy $HYPER before the next price increase, head to the official Bitcoin Hyper website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to buy it.

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