$630 Barrier or Launchpad? $BCH Faces a Familiar Test....

$BCH Weekly Chart – Pattern Repeats at Key Resistance

#BitcoinCash is approaching the $630 resistance for the third time, a level where it previously topped out twice. The chart shows a consistent structure: after consolidating near a major low, BCH rallied sharply, peaked near $630–$718, and then pulled back. Now, following a 146% move from the recent low, BCH is retesting this resistance zone again.

Currently trading around $541.9, BCH is just below the key breakout zone. A clean move above $630 could unlock a run toward the previous high at $718.

📊 Key Levels:

Support Zone: $500

Resistance Zone: $630 – $718

Breakout Potential: If $630 flips into support, a rally toward $700+ is likely

Conclusion:

BCH has followed this pattern before — strong rally, resistance at $630, and then correction. This time, if the bulls succeed in breaking past $630, it could shift the long-term structure bullish and trigger a move toward $718+. A rejection here would repeat history and likely lead to another cooldown.