Market Overview for Bitcoin Cash/Tether (BCHUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 14, 2026 11:26 am ET2min read
BCH
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Aime RobotAime Summary

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Bitcoin Cash
(BCH) fell below key 615.0 resistance, with bearish momentum intensifying after failed 624.2 high.

- Sharp 22:15–23:30 ET volume spike coincided with 620.1–618.2 drop, while RSI below 40 signaled ongoing downward bias.

- 61.8% Fibonacci support at 613.2 briefly held but failed to reverse trend, with price closing below 50/100-day moving averages.

- Bollinger Bands expansion and bearish engulfing patterns reinforced volatility, as 600.0 level emerges as critical near-term support.

Summary
• Price drifted lower after a failed breakout above 615.0, with bearish momentum intensifying in the second half of the session.
• Volume increased sharply during the 22:15–23:30 ET window, aligning with a price drop from 620.1 to 618.2.
• RSI moved below 40, indicating moderate bearish momentum, with no signs of oversold conditions.
• Bollinger Bands expanded following the 624.2 high, signaling rising volatility.
• A 61.8% Fibonacci retracement level near 613.2 appeared to hold briefly, but failed to reverse the downward trend.

Bitcoin Cash/Tether (BCHUSDT) opened at 615.5 on January 13 at 12:00 ET, peaked at 624.2, and closed at 599.6 on January 14 at 12:00 ET, with a 24-hour low of 593.6. Total volume was 29,638.08 BCH, and notional turnover reached approximately $18,063,246.55.

Structure & Formations


Price action revealed key resistance at 615.0 and support at 613.2 on the 5-minute chart, with a bearish engulfing pattern emerging at 612.0–613.0 before a sharp decline. A doji formed at 600.2–601.8 as buying pressure briefly stalled the fall. On the daily chart, the 200-day moving average appears to offer critical support near 600.0, though the price closed below the 50 and 100-day levels, reinforcing a bearish bias.

Moving Averages


The 20- and 50-period moving averages on the 5-minute chart crossed below key swing highs, indicating weakening bullish momentum. On the daily timeframe, the 50- and 100-day MAs trended lower, with the price remaining below all three major averages, suggesting continued downward pressure.

MACD & RSI


MACD lines turned negative during the final three hours of the 24-hour window, confirming bearish momentum. The RSI moved from neutral to moderately bearish, dropping below 40 without entering oversold territory, suggesting there could still be room for further declines.

Bollinger Bands



Bollinger Bands expanded significantly following the 624.2 high, indicating increased volatility. Price action spent much of the day below the mid-band, with a brief retest of the upper band failing at 621.6. A contraction may follow in the near term, potentially signaling a pause before the next directional move.

Volume & Turnover


Volume surged during the 22:15–23:30 ET period, coinciding with a decline from 620.1 to 618.2, reinforcing bearish conviction. However, notional turnover dipped during the final 12 hours, suggesting weakening conviction in the downward move as the price approached 600.0. Divergence between price and turnover may hint at potential consolidation or a near-term reversal.

Fibonacci Retracements


A 61.8% Fibonacci retracement level at 613.2 provided temporary support before the price continued lower. On the daily chart, a retracement of the prior month’s high suggests a potential support at 598.0–600.0, which may offer a near-term floor if bears continue to dominate.

The market may consolidate near 600.0 in the short term, but the risk of further downside remains elevated given the lack of strong bullish signals. Investors should remain cautious of any false bounces or extended volatility.