Journalist Posted: February 11, 2026 Bitcoin Cash [BCH] is one of the only top-10 crypto assets with a bullish weekly price chart. The second most-hopeful candidate seemed to be Binance Coin [BNB], but it has been laboring under the effects of a 54% drawdown in 4 months. On the contrary, Bitcoin Cash has traded within a range for nearly 20 months. This range reached from $272 to $640, giving swing traders plenty of opportunities. AMBCrypto reported that long-term buyers will want to see the range highs broken and flipped to support before looking to ride the trend higher. The bulls threatened a breakout in early January, but it did not succeed, and the market-wide sell-off forced a retracement. The network appears to be in a healthy state right now though. The rising number of transactions and heightened whale activity at press time indicated substantial liquidity movement on-chain in recent weeks. Swing traders watch the mid-range level for the next move Source: BCH/USDT on TradingView Since the second week of October, BCH has wicked below the $456 mid-range support three times on the 1-week timeframe. A session close below it has not occurred yet, keeping the bullish Bitcoin Cash case alive. The A/D indicator has trended higher since 2024 – A sign of steady buying pressure. The weekly RSI was at 47, indicative of neutral momentum. Combined with the long-term price action, a dip to the $440-$460 zone likely represented a low-risk, high-reward buying opportunity. Local supply zone could trigger another price drop The liquidation heatmap revealed that the $550 and $610 levels were notable nearby magnetic zones. They have a high potential of attracting prices higher before a reversal. The local supply at $550 especially has been collecting liquidity for ten days. Source: BCH/USDT on TradingView Finally, the 4-hour chart captured how BCH bulls were unable to pierce $540. Therefore, a short squeeze towards $550-$560 before a price drop to $460 is a possibility traders can exploit. This setup would be invalidated if Bitcoin Cash climbs above $580. Final Thoughts Bitcoin Cash has been trading within a higher timeframe range for nearly 20 months. The $540-supply zone overhead could be swept before a bearish reversal to the long-term demand zone at the mid-range support. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories. His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity. Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution. As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.