$BCH is building for a potential upside move.
Bitcoin Cash is holding around $203.85 after forming a base near the $200–202 zone. Buyers are now attempting to reclaim the upper range, giving the setup a bullish look.
The key level is $204–205. A clean move above this area could open the path toward $207.50, followed by $212 and potentially $216.
As long as $200 support holds, the bullish setup remains valid. A breakdown below that level would invalidate the upside structure.
Bitcoin Cash is holding around $203.85 after forming a base near the $200–202 zone. Buyers are now attempting to reclaim the upper range, giving the setup a bullish look.
The key level is $204–205. A clean move above this area could open the path toward $207.50, followed by $212 and potentially $216.
As long as $200 support holds, the bullish setup remains valid. A breakdown below that level would invalidate the upside structure.