<div id="readability-page-1"><p>Bitcoin Cash [BCH] has shed 17.4% in the past two days, and was down by 11.23% in the past 24 hours. Previously, AMBCrypto had reported that a drop below $500 might be good news for the bulls.</p><p>This drop has come to pass, but it was not yet at an end. BCH continued to trade within the two-year range from $272 to $680. At the time of writing, the mid-range level at $476 was about to be tested as support.</p><h2><strong>The weekly support zone to watch for Bitcoin Cash bullish reaction</strong></h2><div id="attachment_573516"><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Bitcoin-Cash-1-week-Chart-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1940" height="1035" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Bitcoin-Cash-1-week-Chart-1.png"/></p><p id="caption-attachment-573516">Source: BCH/USDT on TradingView</p></div><p>The volume indicators on the weekly chart remained positive. The CMF was moving above the +0.05 level to signal sizeable capital inflows to the market. The OBV agreed with this finding.</p><p>Since late 2024, it has been trending higher.</p><p>The OBV’s uptrend showed that, despite the range-bound price action, the buying pressure has been higher. It was only a matter of time before the range saw a bullish breakout.</p><p>Given the wider market bearishness and the weak Bitcoin [BTC] sentiment, BCH’s range formation could continue for a number of months.</p><p>The Fixed Range Volume Profile from early 2024 showed that the Point of Control (red) was at $438. This is the point in the fixed range that has seen the highest volume of trading.</p><p>Additionally, since mid-June 2025, Bitcoin Cash [BCH] has seen multiple wicks on the weekly timeframe to the $440-$450 area before it bounced higher.</p><p>The current price dip could react in the same way.</p><p>Though the MACD threatened a bearish crossover on the weekly timeframe, swing traders should watch out for a retest of $438 and a bounce back above $480.</p><div id="attachment_573565"><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Bitcoin-Cash-1-day-Chart.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1940" height="1035" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Bitcoin-Cash-1-day-Chart.png"/></p><p id="caption-attachment-573565">Source: BCH/USDT on TradingView</p></div><p>The 1-day timeframe helped assert the importance of the $440-$470 demand zone. The technical indicators, especially the momentum, were more bearish on this timeframe.</p><p>However, from a price action perspective, so long as the price is above the $440 demand zone, there is potential for a BCH bounce.</p><hr/><h2>Final Summary</h2><ul><li><em>The Bitcoin Cash price action has been range-bound over the past two years.</em></li><li><em>BCH has occupied only the upper half of the range since June 2025, and swing traders should not switch to a bearish bias until this changes.</em></li></ul><p><strong>Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.</strong></p></div>

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<p>Bitcoin Cash (BCH) has experienced a 17.4% drop over the past two days, trading within a two-year range of $272 to $680. Currently, it is testing the mid-range support at $476. Despite the bearish market sentiment, indicators suggest potential bullish movement if BCH holds above the $440 demand zone. The volume indicators remain positive, indicating buying pressure. Swing traders should monitor for a bounce back above $480, while a bearish crossover on the MACD could signal caution. Overall, BCH's price action remains range-bound, with a bullish bias if key support levels hold.</p>

- Bitcoin Cash (BCH) has fallen 17.4% over two days and 11.23% in the last 24 hours, trading within a two-year range of $272 to $680.  
- The volume indicators are positive, with buying pressure increasing, suggesting the potential for a bullish breakout despite current market bearishness.  
- The $440-$470 demand zone is critical for BCH's recovery, with swing traders waiting to confirm any upward movement above this support level.

Bitcoin Cash: BCH range intact despite 17% drop – Bullish bias holds IF…