Bitcoin Cash is officially on the move! 📈 After smashing through its 2025 highs, $BCH is showing the kind of relative strength we haven't seen in years. The Data: · Hashrate/Difficulty: At record highs—miners are betting big on the network. · Price Action: Quick dip to $621 was instantly swallowed by bulls. · Next Stop: We are staring down the $800 resistance. If we flip that level to support, the technical "vacuum" could pull price toward $1,600. Trading Thought: Buying the breakout is high-reward but high-risk. I’m watching for a clean daily close above $650 to confirm the move. If we hold, the risk/reward for a run to $800+ looks incredibly attractive. #BCH #BitcoinCash #CryptoAnalysis
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# BCHBreaksIts2025High
Bitcoin Cash is officially on the move! 📈
After smashing through its 2025 highs, $BCH is showing the kind of relative
strength we haven't seen in years.
The Data:
·
Hashrate/Difficulty: At record highs—miners are
betting big on the network.
·
Price Action: Quick dip to $621 was instantly
swallowed by bulls.
·
Next Stop: We are staring down the $800 resistance. If we
flip that level to support, the technical "vacuum" could pull price
toward $1,600.
Trading
Thought: Buying the breakout is high-reward but high-risk. I’m watching for
a clean daily close above $650 to confirm the move. If we hold, the risk/reward
for a run to $800+ looks incredibly attractive.
#BCH #BitcoinCash #CryptoAnalysis