{"id":33502,"date":"2025-06-24T19:16:51","date_gmt":"2025-06-24T19:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33502"},"modified":"2025-06-24T19:16:51","modified_gmt":"2025-06-24T19:16:51","slug":"bch-stumbles-at-467-after-triple-rejection-ends-slightly-down-despite-high-volume-rebound","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33502","title":{"rendered":"BCH Stumbles at $467 After Triple Rejection, Ends Slightly Down Despite High-Volume Rebound"},"content":{"rendered":"<div>\n<p>Bitcoin Cash (BCH) BCH is trading at $452.13, down 0.54% over the past 24 hours, after failing to breach the $467 resistance level across multiple tests, according to CoinDesk Research&#8217;s technical analysis model. <\/p>\n<p>The token briefly surged near that level late on June 23, gaining nearly 3% during a high-volume spike, but was subsequently rejected twice more, reinforcing the significance of that barrier. A descending trendline formed during the corrective pullback, with lower highs establishing a bearish short-term tone.<\/p>\n<p>On the regulatory front, Federal Reserve Chair Jerome Powell announced that U.S. banks now have the freedom to determine their digital asset customer base without prior regulatory pre-approval. This policy shift effectively removes institutional adoption barriers and is considered a meaningful step toward greater integration of crypto within the traditional financial system.<\/p>\n<p><strong>Technical Analysis Highlights<\/strong><\/p>\n<ul>\n<li>BCH traded in a $19.76 range (4.4%) from $449.61 to $469.63 over 24 hours.<\/li>\n<li>At 22:00 on June 23, BCH surged nearly 3% on 79,485 volume units, setting resistance at $467.<\/li>\n<li>The $467 level was tested and rejected two more times, confirming strong overhead resistance.<\/li>\n<li>Support formed around $450 with significant volume accumulation between 15:00\u201316:00.<\/li>\n<li>A descending trendline of lower highs emerged following the initial spike, signaling bearish momentum.<\/li>\n<li>A V-shaped micro-trend formed during the final hour, with a bounce from $449.94 to $451.31.<\/li>\n<li>Volume spiked during the 18:17\u201318:19 drop and again on the 18:30\u201318:32 recovery.<\/li>\n<li>A short-term support zone developed near $450 after repeated successful retests.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Cash (BCH) BCH is trading at $452.13, down 0.54% over the past 24 hours, after failing to breach the $467 resistance level across multiple tests, according to CoinDesk Research&#8217;s technical analysis model. The token briefly surged near that level late on June 23, gaining nearly 3% during a high-volume spike, but was subsequently rejected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33502","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33502"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33502\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}