Here's Bitcoin Cash levels on a 5x split frame 1 week, 1 day, 4hr, 1hr & 15min, charts layout. Since the Silvergate Capital bank (SI) fallout on March 2nd, crypto has been under selling pressure. This can be a temporary short opportunity or become a longer-term long entry. We will have to wait to see how things unfold. It's important to keep an eye on the 1 day and 4-hour chart levels specifically for now. The numbers that stand out to me is $119 as a strong support and $138 as a strong resistance currently. BCH/USD may very well consolidate in that range for some time if there's no further break down.
you believe all crypto dumps come from America because you are brainwashed.
Options360
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@Steve_Morris Thanks for dropping a line. I believe in probabilities from the multitude of relevant factors. To be a consistent accurate trader you must be a free thinker in 360 degrees. Obviously the catalyst was the SI news on 3/2/23. Crypto is traded globally 24/7/365. Everyone knows that. lol.
sytherax
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@Steve_Morris, You are a BCH bull boy who will die waiting for BCH to reach 500$