$BCH : $580 Peak Puts Whales on Alert! š³
The story? Bitcoin Cash is launching a vengeful recovery after a brutal post-rally crash!
OCTOBER RAGE: On Oct 29, BCH/USDT spiked to a massive $580.00 highāthat's the critical resistance ceiling we need to watch.
NOVEMBER CRUSH: After the peak, a sharp, red correction took the price down hard to a $443.20 support floor by Nov 7. Ouch!
CURRENT THRILLER: BCH has since staged a powerful V-shaped reversal, grinding its way back up on the 4-hour chart, currently sitting near $529.22 (as of real-time data, still up almost +3% today!).
Technically: The asset is now battling the former downtrend line. Sustaining momentum above $530 is key to challenging the October swing high. Bulls are pushing, but the shadow of $580 looms largeāwill it be a new breakout point or a crushing double-top? All eyes on the volume!
Next Move: Will BCH break the $580 barrier or face another heavy rejection? The drama continues!
#USGovShutdownEnd? #US-EUTradeAgreement #BCH #TrumpBitcoinEmpire #StrategyBTCPurchase
