Bitcoin Cash Breakout: Can BCH Reach $300?
Bitcoin Cash (BCH) has broken above a trendline that capped every bounce since July, and this move is significant enough to warrant attention. According to Coin Gabbar analysts, the neutral Relative Strength Index (RSI) of 49.91 gives BCH room to run.
The price of BCH closed at $211.86 on August 20, 2026, with a 4.42% increase in the last 24 hours. The market capitalization also rose by 4.42%, and the 24-hour volume surged by 322.74%. The total supply of BCH is 20.07 million, with 21 million being the maximum supply.
On the technical analysis chart, BCH could confirm the breakout if it sustains a close above the $216 resistance level. Holding this level as support would strengthen the bullish setup and potentially open the path for further upside.