Bitcoin Cash (BCH) broke out of a sideways trend with a sharp price surge and rising volume.
After hitting a peak near $500, BCH entered a consolidation phase with a support zone forming between $460 and $470.
Long-term projections indicate a potential rally for BCH to reach between $3,000 and $5,000 if the lower support level holds at $220-$230.
Crypto Patel suggests that BCH could see a significant 10x increase if it maintains the $220-$230 support level, signaling a potential major move though patience is advised.