Bitcoin Cash Price Tumbles Towards Critical $200 Support Zone

Bitcoin Cash (BCH) has been lagging behind in the broader crypto rally, plummeting nearly 36% in May and extending its decline into June with an additional 8% drop over the past 24 hours.

The daily trading volume surged over 320% to more than $550 million as aggressive selling pushed the price toward the critical $200 support zone.

Technical indicators, including a loss of $480 resistance and elevated open interest around 394K, suggest sellers dominate the trend, raising the risk of a breakdown below $200 toward $180 that could trigger long liquidations and further downside.