Here is our Bitcoin Cash price analysis for April 2023! The Bitcoin Cash April forecast is looking very unstable as the cryptocurrency is balancing on the verge of a crash. Find out what the experts’ Bitcoin Cash prediction has to say on the matter.
BCH is teetering on the 50% Fibonacci level, at risk of slipping below it, which will be critical for the Bitcoin Cash price. April has so far seen a large increase in selling pressure. And if the pressure doesn’t ease soon off the Bitcoin Cash price, 2023 could see the altcoin plummet to $550.
Currently, the bulls are trying to defend the $620 support level, as a drop below it could potentially mean a free fall for the Bitcoin Cash 2023 outlook. On the flip side, the Bitcoin Cash price prediction does see potential for gains if the bulls can break above the strong resistance between $640 and $657.
Watch the full video for a deeper look into the Bitcoin Cash price April 2023 forecast. And stay tuned for our next BCH price prediction to keep track of the cryptocurrency’s movement.
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