Market Overview for Bitcoin Cash/Tether (BCHUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 15, 2026 11:26 am ET2min read
BCH
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Aime RobotAime Summary

- BCHUSDT formed a bearish harami near $624.6 resistance after rising to $630.6, then retraced to $604.0.

- RSI dropped below 50 to oversold 45 while MACD turned negative, signaling weakened bullish momentum.

- Key support at $601.9 (5 PM ET low) holds as price nears lower Bollinger Band with contracting volatility.

- Morning rally saw 7,000 BCH volume spike but failed to confirm strength, leaving downside risk to $596.5.

Summary
• Price moved from $611.2 to $624.6 before retracing to $604.0, forming a bearish harami near resistance.
• Momentum shifted from bullish to bearish as RSI declined and MACD crossed lower.
• Volatility spiked during late-night rally but has since contracted with

BCHUSDT
near lower Bollinger Band.
• Volume surged during the 4:30 AM–6:00 AM ET rally but has since moderated with no clear confirmation of follow-through.
• Key support identified at $601.9 (early 5 PM ET low), with 61.8% Fib level at $607.3 acting as short-term resistance.

Bitcoin Cash/Tether (BCHUSDT) opened at $611.2 on 2026-01-14 at 12:00 ET and closed at $604.0 on 2026-01-15 at 12:00 ET, reaching a high of $630.6 and a low of $590.3. Total 24-hour volume was 83,371.92 BCH, with a notional turnover of approximately $51,173,442.

Structure & Formations


Price tested multiple resistance levels during the overnight session, notably forming a bearish harami pattern at $620–$624.6, followed by a rejection seen in the morning.
A key support level appears to be forming at $601.9, which coincided with a sharp reversal during the 5 PM ET decline. The 61.8% Fibonacci retracement level of the overnight rally lies at $607.3, which could become a focal point in the near term.

Moving Averages


Shorter 20-period and 50-period moving averages on the 5-minute chart have converged around the $603–$605 range, indicating potential consolidation. Daily moving averages (50, 100, and 200) remain in a bearish alignment, with the price still trading below all major averages, reinforcing a medium-term bearish bias.

MACD & RSI


The MACD crossed to negative territory during the morning sell-off, signaling bearish momentum. RSI has dropped below 50 and is currently in oversold territory near 45, suggesting a potential short-term bounce may be on the horizon. However, RSI failed to show a strong rebound after hitting 30, indicating weak follow-through from bulls.

Bollinger Bands


Volatility expanded during the overnight rally, with price reaching the upper Bollinger Band at $630.6 before retracting. Currently, price is near the lower band at $604.0, suggesting potential for a mean reversion. A contraction in volatility may precede a breakout or a continuation of the current range.

Volume & Turnover

Volume spiked during the 4:30 AM–6:00 AM ET rally, particularly at the 5:30 AM ET time frame when volume surged to over 7,000 BCH. However, turnover since then has declined, and price has pulled back, indicating weakening conviction among buyers. No major divergence was observed between volume and price movement, suggesting a lack of bullish confirmation.

The market may consolidate near current levels or attempt a test of $620 if short-term buyers regain control. However, risk remains skewed to the downside, with a potential breakdown below $601.9 signaling a deeper correction toward $596.5. Investors should remain cautious as momentum indicators suggest the market may not have fully resolved its near-term direction.