Bitcoin Cash (BCH) is a Bitcoin fork designed for faster, low‑fee transactions with larger block sizes, aiming to serve everyday payments more efficiently than BTC.
BCH has recently traded sideways to slightly bearish, pressured by broader crypto market risk‑off sentiment and technical breakdowns below key support levels.
Price action shows neutral to cautious momentum around ~$570–$580 with resistance near ~$590 and support near ~$565, indicating a range‑bound phase.
Earlier in 2025, BCH has demonstrated strong rebounds from critical lows (e.g., V‑shaped upward moves), showing buyers step in at support zones.
On‑chain activity and adoption in payments/DeFi have grown, but active addresses and usage remain below peaks, limiting conviction.
Traders should watch whether BCH holds multi‑month technical support or breaks key levels for reversal signals in coming sessions.
@Bitcoin.com $BCH #bchcoin #bch