Timothy Morano
Nov 18, 2025 19:01
Bitcoin Money trades at $528.00, up 5.6% as BCH value exhibits resilience towards broader crypto weak spot, with technical indicators suggesting continued momentum above key shifting averages.
Fast Take
• BCH buying and selling at $528.00 (up 5.6% in 24h)
• Bitcoin Money outperforming as Bitcoin drops to $91,000
• Testing higher Bollinger Band resistance at $551.34
• Sturdy divergence from Bitcoin correlation sample
Market Occasions Driving Bitcoin Money Value Motion
Bitcoin Money is demonstrating notable power right now because the broader cryptocurrency market faces headwinds from Bitcoin’s 3.29% decline to $91,000. Whereas most altcoins usually observe Bitcoin’s directional strikes, BCH value has bucked this development with a strong 5.6% achieve, suggesting impartial shopping for curiosity.
The divergence comes as merchants look like rotating from Bitcoin into choose altcoins following final week’s technical developments. On November 17, Bitcoin Money technical evaluation confirmed a profitable breakout above the $515 resistance stage, with BCH gaining 3.9% that day. This momentum has continued into right now’s session regardless of damaging macro sentiment.
The broader market volatility that started on November 14, when Wall Road skilled important swings with Nvidia and Bitcoin each posting unstable classes, has created an atmosphere the place particular person crypto belongings are buying and selling extra on technical elements than correlated strikes. BCH value is benefiting from this shift because it maintains its upward trajectory established throughout final week’s breakout.
BCH Technical Evaluation: Sturdy Bullish Momentum
Value Motion Context
Bitcoin Money is presently buying and selling effectively above its key shifting averages, with the present $528.00 value sitting above the 50-day SMA at $525.18 and the 200-day SMA at $510.63. This positioning signifies sturdy medium-term momentum. The latest value motion exhibits BCH breaking free from Bitcoin’s correlation sample, with Binance spot market information revealing strong buying and selling volumes of $29.2 million prior to now 24 hours.
Quantity evaluation suggests institutional curiosity stays wholesome, because the breakout above $515 final week was accompanied by above-average buying and selling exercise that has sustained by right now’s session.
Key Technical Indicators
The MACD histogram studying of 1.6812 confirms bullish momentum for Bitcoin Money, at the same time as the principle MACD line stays beneath zero at -6.2050. This divergence usually indicators the early levels of a development reversal. The Stochastic oscillator exhibits %Ok at an elevated 93.62, indicating sturdy upward momentum, although this additionally suggests BCH could also be approaching short-term overbought circumstances.
Bitcoin Money technical evaluation reveals the RSI at 54.07, sustaining impartial territory with room for additional upside earlier than reaching overbought ranges above 70.
Vital Value Ranges for Bitcoin Money Merchants
Speedy Ranges (24-48 hours)
• Resistance: $551.34 (Higher Bollinger Band and psychological stage)
• Assist: $507.55 (20-day SMA and former resistance turned assist)
Breakout/Breakdown Eventualities
A transparent break above $551.34 might open the door towards the $576.20 instant resistance stage, with the last word goal being the sturdy resistance zone at $615.30. Conversely, if BCH value fails to carry above the $507.55 assist stage, a retest of the $500 psychological assist and the breakout level round $515 could be seemingly.
BCH Correlation Evaluation
Bitcoin Money is presently buying and selling with damaging correlation to Bitcoin, a big departure from typical market conduct. Whereas Bitcoin declined 3.29% right now, BCH gained 5.6%, suggesting merchants are viewing it as a relative secure haven throughout the crypto area.
Conventional market correlation seems muted right now, because the earlier week’s S&P 500 volatility has in a roundabout way impacted BCH value motion. As a substitute, Bitcoin Money appears to be buying and selling extra by itself technical deserves and the momentum established from final week’s breakout above $515.
Buying and selling Outlook: Bitcoin Money Close to-Time period Prospects
Bullish Case
Continued power above the $525 stage, mixed with a break above $551.34, might propel BCH towards the $576.20 resistance zone. The bullish momentum indicators and constructive quantity profile assist additional upside, notably if Bitcoin stabilizes or begins recovering from its present $91,000 stage.
Bearish Case
Main threat elements embody a broader crypto market selloff if Bitcoin continues declining beneath $90,000, which might ultimately drag BCH value decrease regardless of present power. Moreover, the elevated Stochastic studying suggests potential for near-term consolidation or pullback.
Threat Administration
Conservative merchants ought to contemplate taking partial income close to $545-550 resistance with stop-losses beneath $507.55. Given the day by day ATR of $35.80, place sizing ought to account for potential volatility swings of 6-7% in both course. Aggressive merchants would possibly await a confirmed break above $551.34 earlier than including publicity, utilizing $525 as a stop-loss stage.
Picture supply: Shutterstock
