Bitcoin Cash Poised for Major Breakout Above Long-Term Downtrend
• Bitcoin Cash (BCH) may be on the verge of a major breakout above a long-term downtrend based on analyst Rekt Capital's analysis • Breaking the downtrend could attract significant new investment and solidify BCH's position in the crypto market • Success would demonstrate BCH's underlying strength despite recent short-term volatility • The next few weeks and the monthly candle close will be crucial to confirm or deny the bullish momentum • Regardless of outcome, BCH's trajectory illustrates the dynamic, fast-evolving nature of the cryptocurrency industry