Bitcoin Cash Price Analysis: 6 February

Bitcoin Cash Price Analysis: 6 February

Bitcoin Cash Price Analysis: 6 February

Bitcoin Cash was in a short-term downtrend from mid-January until a few days ago when the $414 price level remained a strong support despite repeated retests. However, the longer-term outlook sees BCH in a strong uptrend, with the past month’s performance being but a retracement. Over the next few days, a breakout past $460 or rejection at the same level will decide the direction of Bitcoin Cash.

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