🚀 Bitcoin Cash (BCH) Monthly Breakout Alert – Is $1K+ Coming?
Crypto fam, if you’re sleeping on $BCH, it’s time to wake up! The monthly chart is screaming BULLISH with triple pattern confirmation that rarely aligns:
1️⃣ Cup & Handle (Monthly TF): Rounded bottom, volume drying during the cup, handle showing tight consolidation – classic Wyckoff re-accumulation. Breakout above $450 confirmed. Measured move points to $1,000+ if resistance clears.
2️⃣ Inverted Head & Shoulders: Neckline $420-450 crushed, right shoulder weaker → bullish volume. Targets align with $800-1,200 if momentum holds. Retest confirmed support.
3️⃣ Falling Wedge (Macro): Multi-year wedge snapped upward, signaling end of a 6+ year downtrend. Targets could stretch to $2,000+ based on wedge height – revenge arc loading?
📊 Market Snapshot (Dec 3, 2025):
Current Price: ~$529 (minor pullback from $540+)
24h Change: -0.15% to -4.8%
Monthly momentum building: +3.92% last session
🔥 Recent catalysts: ETF rumors, treasury buys, tech upgrades, Coinbase futures – all fueling bullish sentiment. Historically, BCH hit $4,300 ATH → undervalued L1 vibes real.
💡 Technical Signals: MACD bullish cross, RSI 48-50 → room to run. Open Interest shaved 50% but price stays resilient → asymmetric risk/reward.
💎 My Signal: BUY on Dip!
Entry: $520-550 (current levels or retest)
Targets: $580-620 short-term, $800-1,000 mid, $1,600-2,000+ long-term
Stop-Loss: Below $420-450 (handle low/neckline)
Risk/Reward: 1:5+ (fundamentals + technicals = rocket fuel)
Traders, is BCH the next big mover? Drop your predictions! Like if stacking $BCH, repost if this resonates. Could we see $1K by Q1 2026?
⚠️ Disclaimer: Not financial advice. DYOR. Trade at your own risk. Markets can flip fast!
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