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Coinidol.com: Bitcoin Money (BCH) has declined after falling beneath the shifting common strains.
Bitcoin Money worth long-term evaluation: bearish
Nonetheless, the downward momentum has been halted by the 50-day SMA. BCH is more likely to stay trapped between the shifting common strains. The value indicator means that BCH will proceed to fall. If the bearish development breaks beneath the 50-day SMA help, BCH may drop to the two.0 Fibonacci extension, or $417.98.
In the meantime, the cryptocurrency is steadily approaching the 50-day SMA help. BCH is at present at $465.37.
Technical Indicators
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Key Resistance Zones: $600, $650, $700 -
Key Help Zones: $500, $450, $400
Bitcoin Money indicator studying
On the weekly chart, the worth bars are positioned between the 21-day and 50-day SMAs, each of that are sloping upwards, indicating a earlier uptrend. On the 4-hour chart, the worth bars are beneath the downward-sloping shifting common strains, indicating a downtrend. There are prolonged candlestick tails across the $440 help, indicating important shopping for curiosity.
BCH/USD each day chart – October 21, 2025
What’s the subsequent path for BCH/USD?
Bitcoin Money is falling beneath the shifting common strains on the 4-hour chart. On October 17, the cryptocurrency worth fell to a low of $442 earlier than rebounding. The altcoin is at present buying and selling above the $460 help however beneath the $490 excessive.
In the present day, BCH is declining in the direction of its present help at $460. The value indicator means that promoting strain will resume if the present help degree is breached.
BCH/USD 4-hour chart – October 21, 2025
Disclaimer. This evaluation and forecast are the non-public opinions of the creator. The info offered is collected by the creator and isn’t sponsored by any firm or token developer. This isn’t a suggestion to purchase or promote cryptocurrency and shouldn’t be considered as an endorsement by Coinidol.com. Readers ought to do their analysis earlier than investing in funds.
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