Markets· ★★· bearish·

BCH Falls 3.24% to $270 as Trading Volume Sits 58% Below Average

  • —BCH at $270.07, down 3.24% on the day, session low $269.69
  • —Volume of $127.3 million, 58.1% below the 30-day average
  • —RSI at 43.3, stochastic at 19.3, MACD histogram at -4.02
  • —BCH is down 43.51% over 52 weeks and 54.59% year to date
Why it matters: The drop came on thin volume, so it does not confirm a trend reversal; traders should wait for a volume-backed rebound, with CME futures only context for now.
Source: DiarioBitcoin