$BCH is taking a serious hit, down over 10% in 24 hours and trading around $226.
The key level now is $223–$225. If that holds, BCH could see a relief bounce toward $228–$230.
For now, the chart remains bearish, so I’m watching the support closely.
Oracle's F1Q27 earnings are coming after the market closes on September 10.
The company is expected to report around $19.1B in revenue, while its remaining performance obligations have grown to an impressive $638B.
But there is another side to the story. Oracle is spending heavily on AI infrastructure, with CapEx expected around $70B, while debt is around $95B.
This earnings report could show whether the huge AI opportunity is translating into enough growth to justify the cost.
#BCH #BitcoinCash #Crypto
The key level now is $223–$225. If that holds, BCH could see a relief bounce toward $228–$230.
For now, the chart remains bearish, so I’m watching the support closely.
Oracle's F1Q27 earnings are coming after the market closes on September 10.
The company is expected to report around $19.1B in revenue, while its remaining performance obligations have grown to an impressive $638B.
But there is another side to the story. Oracle is spending heavily on AI infrastructure, with CapEx expected around $70B, while debt is around $95B.
This earnings report could show whether the huge AI opportunity is translating into enough growth to justify the cost.
#BCH #BitcoinCash #Crypto
