The analysis focuses on Bitcoin Cash (BCHUSD). The current price is $468.18. The video suggests a V-shaped recovery is likely, with a target price of $640. The analysis points to a potential drop to $433.00 or even to $420.00 before the recovery. However, it specifies that for the analysis to remain valid, it should be a higher low. It highlights the increased number of shorts, suggesting a potential squeeze and rally to $600. A break hook and go pattern is discussed.A bullish divergence could occur for a rally. A price below $420 invalidates the analysis.