BCH Stock to Flow ratio has spiked, indicating high scarcity and supporting the potential rebound. Bitcoin Cash price could see a 50% after the A/D line formed a bullish divergence against the price.
On-chain metrics paint a bullish picture as BCH’s transaction rate reaches a new high, and open interest is also rising. The technical outlook suggests a rally ahead, targeting the $390.5 level.
As Bitcoin soars past $100,000 for the first time, its rally is reverberating across the cryptocurrency market, with Bitcoin Cash (CRYPTO: BCH) emerging as a noteworthy beneficiary. Why Bitcoin ...