Bitcoin Cash Bounces Back 6.4%, Finding Strength at Support Floor

Bitcoin Cash (BCH) mounted a strong intraday comeback on Friday, reversing earlier losses with a sharp V-shaped recovery that saw the asset rebound from a low of $391.656 to a peak of $416.958. The move underscores growing bullish interest even as broader markets remain weighed down by macroeconomic uncertainty.

The turnaround was sparked by a burst of buying volume during the early trading hours between 01:00 and 04:00, where significant demand formed a clear volume-based support zone. Momentum accelerated in the 13:00 hour, with BCH breaking key resistance levels on the back of the session’s heaviest trading volume.

Technical patterns indicate the formation of a bullish flag, with consolidation occurring on lighter volume—typically a sign of continuation potential. The $409.800 mark has flipped from resistance to support, while the $413.000–$413.500 zone remains critical for maintaining upward pressure.

While ongoing geopolitical tensions and rising bond yields continue to shake investor confidence, BCH’s recovery may suggest that certain crypto assets are beginning to decouple from macro-driven sell-offs and attract strategic accumulation.