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Important price line being approached by BCHBTC. This price has been tested numerous times before.

BCHBTC is moving towards a line of 0.0051 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If BCHBTC continues in its current trajectory, we may see it move towards 0.0051 within the next 8 hours.

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We expect a $578 movement on USDCHF within 4 hours following the event release at 2022-07-12 09:00.

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