Timothy Morano
Nov 18, 2025 19:01
Bitcoin Money trades at $528.00, up 5.6% as BCH worth reveals resilience in opposition to broader crypto weak point, with technical indicators suggesting continued momentum above key transferring 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
• Robust divergence from Bitcoin correlation sample
Market Occasions Driving Bitcoin Money Worth Motion
Bitcoin Money is demonstrating notable power at the moment 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 worth has bucked this development with a stable 5.6% acquire, 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 at the moment’s session regardless of damaging macro sentiment.
The broader market volatility that started on November 14, when Wall Avenue skilled vital swings with Nvidia and Bitcoin each posting risky classes, has created an atmosphere the place particular person crypto property are buying and selling extra on technical components than correlated strikes. BCH worth is benefiting from this shift because it maintains its upward trajectory established throughout final week’s breakout.
BCH Technical Evaluation: Robust Bullish Momentum
Worth Motion Context
Bitcoin Money is at the moment buying and selling nicely above its key transferring averages, with the present $528.00 worth 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 worth motion reveals BCH breaking free from Bitcoin’s correlation sample, with Binance spot market information revealing sturdy buying and selling volumes of $29.2 million up 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 way of at the moment’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 under zero at -6.2050. This divergence typically indicators the early levels of a development reversal. The Stochastic oscillator reveals %Okay at an elevated 93.62, indicating sturdy upward momentum, although this additionally suggests BCH could also be approaching short-term overbought situations.
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.
Essential Worth Ranges for Bitcoin Money Merchants
Rapid Ranges (24-48 hours)
• Resistance: $551.34 (Higher Bollinger Band and psychological stage)
• Help: $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 fast resistance stage, with the final word goal being the sturdy resistance zone at $615.30. Conversely, if BCH worth 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 at the moment buying and selling with damaging correlation to Bitcoin, a major departure from typical market conduct. Whereas Bitcoin declined 3.29% at the moment, BCH gained 5.6%, suggesting merchants are viewing it as a relative protected haven throughout the crypto house.
Conventional market correlation seems muted at the moment, because the earlier week’s S&P 500 volatility has indirectly impacted BCH worth 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 optimistic quantity profile assist additional upside, notably if Bitcoin stabilizes or begins recovering from its present $91,000 stage.
Bearish Case
Main danger components embody a broader crypto market selloff if Bitcoin continues declining under $90,000, which might finally drag BCH worth 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 earnings close to $545-550 resistance with stop-losses under $507.55. Given the each day ATR of $35.80, place sizing ought to account for potential volatility swings of 6-7% in both path. Aggressive merchants would possibly look ahead to a confirmed break above $551.34 earlier than including publicity, utilizing $525 as a stop-loss stage.
Picture supply: Shutterstock
