Bitcoin Cash (BCH/USD) Holds Firm at $360 as Buyers Show Resilience Amid Market Uncertainty
Bitcoin Cash (BCH/USD) has demonstrated notable resilience, with buyers firmly defending the $360 level despite broader market turbulence. After establishing a solid support base around the $280 mark in April, BCH began a recovery rally that pushed the price upward, eventually reaching the $360 threshold by month-end.
Since hitting this level, however, the market has entered a phase of consolidation, marked by indecision and limited directional momentum. While bulls have made multiple attempts to break above the current range, these efforts have so far lacked the strength to produce a sustained move higher.