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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. дальше »

2026-5-6 14:05


Bitcoin extends rally to $81,500: how high can it go this month?

Bitcoin (BTC) is back above $81,500, trading around $81,585 after touching an intraday high of $81,698, as the world’s largest cryptocurrency continues a sharp recovery from the low $60,000s. The move has taken Bitcoin to its highest level since late January and revived a familiar question: is this a short-lived squeeze, or the start of a more durable advance toward the mid-$80,000s? For now, the answer seems to be that the rally has real support, but it is still moving fast enough to make traders nervous. дальше »

2026-5-6 07:21