BCH Holds Near $337 After 30% Rally as RSI Flashes Overbought
- —BCH at $337.26, down 1.23% on the session, up 36.86% over the week
- —RSI at 78.3 and stochastic at 82.8 signal extreme overbought conditions
- —Trading volume 42.88% above the 30-day average
- —CME BCH futures launch October 19 with 250 and 25 BCH contracts
Why it matters: The CME futures launch has drawn institutional interest to BCH, but overbought readings raise the risk of a pullback toward $321–324.
Source: DiarioBitcoin