Veteran trader Peter Brandt has stirred the market by suggesting a massive bullish potential for Bitcoin Cash (BCH) over Bitcoin (BTC). On his social media, Brandt analyzed that BCH is entering a powerful long-term breakout zone, breaking years of silence.
The key level he identified is the horizontal resistance at $719.43. After years of accumulation, BCH is gaining momentum alongside rising trading volumes. A breakthrough above the $720 mark would signal a new high since 2021. Industry experts are watching closely to see if this move will allow BCH to shed its label as a mere ‘fork’ and emerge as a new dark horse.