Bitcoin Cash Pauses After 35% Weekly Rally
- —BCH at $334.47, down 0.71% after a 35.42% weekly rally
- —CME listing pushed the price to $346.40 in the prior session
- —RSI at 76.6 and stochastic at 80.9 signal overbought conditions
- —Volume of $196.3M is 27.97% below the 30-day average
Why it matters: The CME listing opens BCH to institutional capital, but overbought technicals raise the risk of a near-term correction.
Source: DiarioBitcoin