Bitcoin Cash (BCH) Dropped 88%! Should you buy NOW?
1 extracted signal · 0 resolved · 1 still active
FJ TradingIndependent analyst profile- Source published
- 26 Jun 2026, 13:39 UTC
- Recorded by Tahlil Plus
- 26 Jun 2026, 14:13 UTC
AI-generated source summary
The analysis focuses on Bitcoin Cash (BCH) on a weekly timeframe. The asset has experienced a significant downtrend, dropping approximately 73% from its previous highs. The current price is near a support level around $193.49. The speaker identifies a bullish order block between $160.6 and $171 as a potential buying zone. A trade setup is proposed with an entry around $171.5, a stop loss below $160.6, and a target at $430.5, suggesting a potential 115% upside. This trade is considered high risk due to the overall bearish market sentiment for BCH, but the speaker believes the identified order block represents a significant buying opportunity if confirmed. Another potential setup is discussed on a daily chart for the same asset, targeting a break of resistance at $490 with a similar risk-reward ratio.
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