đ Bitcoin Cash (BCH) Primed for 30-Day Surge: $640-$689 Target in Sight
Bitcoin Cash isn't whisperingâit's shouting. The peer-to-peer electronic cash pioneer just flashed its most bullish signal since the 2024 halving, with technicals suggesting a 30-day sprint toward $640-$689.
Breaking the resistance ceiling
After weeks of consolidation, BCH shattered its descending channel like a bull through a china shop. The breakout coincides with surging on-chain activityâreal usage, not just speculative froth (looking at you, meme coin brigade).
Liquidity pools are loading
CEX order books show thin asks above $600, creating ideal conditions for a liquidity grab. Market makers appear to be positioning for volatility, with Deribit's BCH options volume tripling since Monday.
Just don't tell the 'number go up' crowd this could actually be useful for something beyond leveraged gambling. The original Bitcoin fork might finally have its momentâprovided traders don't front-run the move into oblivion first.
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