Bitcoin Cash Price Soars 56% in Week, Traders Debate Uptrend Sustainability

Bitcoin Cash (BCH) has seen a significant price surge in recent days, with buyers pushing aggressively into the token and flipping a sluggish range into a sharp upside move.

The pace of this rally has traders debating whether it's the start of a fresh leg higher or a stretched move due for a cooldown.

According to Coinglass data, BCH is currently trading near $339.22, up 28.17% over the past 24 hours and 56.42% over the past week.

The 90-day gain stands at 78.56%, but the token is still down 43.34% year-to-date and 40.22% over the past year.