Bitcoin Cash Holds Trendline Support as Double Bottom Emerges

TLDR: Bitcoin Cash defends ascending trendline support as repeated rebounds show buyers responding near consolidation levels. A developing double-bottom structure signals weakening selling pressure while BCH approaches a key resistance neckline. Derivative funding rates remain slightly negative as traders maintain cautious positioning near the mid-$450 range. Bitcoin Cash price steadied near consolidation levels as traders [...]

The post Bitcoin Cash Holds Trendline Support as Double Bottom Emerges appeared first on Blockonomi.