The analysis of Bitcoin Cash (BCHUSD) currently at $581.30 identifies a pattern of prior resistance turning into support following sideways consolidation and lower lows. This pattern, previously observed, is expected to precede a significant upward price movement. The analyst targets $1000 by the end of December, with potential extensions to $2300-$4300, or even $5000-$6000. He asserts that the current period is a critical window for accumulation below $600, predicting the price will not fall below this level after December 20th. A fail bound is identified at $550, below which the bullish thesis would be invalidated. Technical indicators, including the Daily MACD, exhibit a bullish setup with oscillators converging, mirroring past pre-breakout conditions. The Daily RSI indicates sustained higher lows, signaling a robust bullish trend nearing an explosive upward trajectory into overbought regions. Stochastics show a bullish cross-up on daily and hourly timeframes. Although short-term bearish divergences are noted on hourly MACD and RSI, these are deemed insignificant, with a bounce expected even if prices dip to $550, and a drop below $570 is considered unlikely. The S&P 500 (SPX), currently at $6900.01, is anticipated to experience an initial gap down at market open but is projected to recover and close in the green around $6950 by the end of the day. A sustained drop below $6850 would invalidate this bullish daily outlook for SPX. Overall, a strong bullish outlook is maintained for BCHUSD.