Bitcoin Cash Breaks Below Support at $467, but Regains Momentum and Resumes Bullish
Submitted by Anonymous (not verified) on Wed, 06/23/2021 - 13:02
Bitcoin Cash (BCH) is in a downtrend to the $387 low as the bears broke the previous low at $467. BCH fell to the current low and pulled back, showing a long candlestick tail. The long tail describes strong buying pressure above current support. This price action prompted the bulls to buy the dips.