BCH targets breakout above $500 as bullish derivatives sentiment surges

Key takeaways Bitcoin Cash price extends gains on Wednesday, up over 3% since Tuesday. Derivatives data support a bullish bias, with increasing open interest and long positions accumulating. Bitcoin Cash (BCH) continued its strong recovery on Wednesday, climbing above $489 and extending weekly gains beyond 8% as bullish positioning across the derivatives market reinforced the […] The post BCH targets breakout above $500 as bullish derivatives sentiment surges appeared first on CoinJournal.