Beyond the Breaking News

Bitcoin Cash breaks multi-year support - Will BCH drop to 2024 lows?

Bitcoin Cash News

Bitcoin Cash breaks multi-year support - Will BCH drop to 2024 lows?
AltcoinCrypto News

Bitcoin Cash hits 2025 low with a broader price decline in view.

The broader crypto market has been in a downtrend since the fourth quarter of 2025, one that has extended into the present, with Bitcoin trading around $67,000, below its yearly open.

Bitcoin Cash follows a similar but harsher narrative. The asset has not only printed a new low; it has retraced all the way to its 2025 low as the bears take full control. At press time, BCH was closer to its all-time low than any possible path back to its all-time high. Price has since slipped past its 2025 low of $249.4 as sell pressure engulfs the market.

Data at press time shows volume up 114% to $513 million, with the volume profile pointing to sellers dominating for a three-day stretch. A candle close below the 2025 low would weaken BCH structurally and raise the likelihood of a deeper slide. The nearest target sits at the 2024 low of $209.9, and heavier selling could carry price further toward the $139.3 support zone.

A rebound at the 2025 low it just tagged is plausible on historical form, whether as the start of a reversal or a lower high before a fresh leg down. The momentum indicators tracking this move back the bearish read, among them the Aroon Indicator. The tool uses two lines to gauge an asset’s trend, the Aroon Up and the Aroon Down .

The Aroon Up above the Aroon Down points to a bullish trend; the reverse points to a bearish one, with the gap between them measuring the strength of each. At the time of writing, the chart displayed a textbook bearish setup, with the Aroon Down at 100.00%, and the Aroon Up at 0%. The accumulation/distribution trend completed the picture by tracking volume distributed to the market over time. Notably, the data estimated the total distribution volume at 8.76 million BCH.

Distribution, though, has not fallen as steeply as price over the same stretch. That divergence, if it holds, raises the probability of a rebound at the current level. The whale-retail exchange delta, which tracks whether large holders or smaller retail traders are more active, shows whales leading the move. Whale activity peaked on the 2nd of June, outpacing retail through the period.

As long as the delta holds in the whale zone, large holders remain the dominant force behind the selling. Bitcoin Cash has broken below its $271 multi-year support and slipped past its 2025 low of $249.4, opening the door to the 2024 low at $209.9 as bears take full control. The Aroon Indicator shows a textbook bearish setup with a full 100% gap, while the whale-retail delta points to large holders driving the sell-off.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Altcoin Crypto News

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Treasury Firm Strive Plans $4 Billion Capital Raise to Expand BTC HoldingsBitcoin Treasury Firm Strive Plans $4 Billion Capital Raise to Expand BTC HoldingsStrive, a Bitcoin treasury firm, announced a $4 billion capital‑raising initiative to accelerate its Bitcoin purchases. The firm expects to increase the size of both its $ASST and $SATA ATM programs by $2.1 billion each, reflecting rising liquidity and demand. With the $4.2 billion raised, Strive could acquire around 60,000 BTC at current prices of $70,000 per BTC, scaling its holdings from 16,500 BTC to over 50,000 BTC and potentially surpassing Metaplanet to rank among the top three Bitcoin treasury firms. Strive's stock ASST slipped following the news, while broader market sentiment towards BTC treasury firms turned negative after Strategy's $2.5 million BTC sale.
Read more »

Hampshire College Running Out of Cash to Finish Final Semester Before ClosureHampshire College Running Out of Cash to Finish Final Semester Before Closure'We believe it is important to share this information now so that members of our community can make informed decisions about their future'
Read more »

Polymarket faces backlash over disputed Strategy Bitcoin marketPolymarket faces backlash over disputed Strategy Bitcoin marketThe controversy has reignited broader questions about governance and rule interpretation in crypto prediction markets.
Read more »

Bitcoin’s Break With Tech Widens After Strategy’s Sale Feeds RoutBitcoin’s Break With Tech Widens After Strategy’s Sale Feeds Rout(Bloomberg) -- Bitcoin’s selloff extended into Wednesday after Strategy Inc.’s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token’s divergence from record-setting technology shares.
Read more »



Render Time: 2026-06-17 19:13:45