Bitcoin Cash (BCH) Breaks $580, Analysts Bullish on $680​

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Mars Finance News: According to CoinDesk, the price of Bitcoin Cash (BCH) has broken through $580, with a 24-hour increase of 5.25%, a weekly increase of 10.5%, and a monthly increase of 17.3%. Analysts point out that BCH has broken through a long-term resistance level, and if it maintains the current trend, it may further rise to the $620-680 range. Technical analysis shows that BCH has formed support zones at $556-558 and $568-570, with short-term resistance near $585. Trading volume showed significant growth on July 27, reaching a daily peak of 120,748 units, indicating active market buying.

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