Grayscale recently announced the expansion of its cryptocurrency product portfolio, now including support for 30 digital assets, including BCH. This move reflects the growing interest in diversified investments in the crypto market and could increase BCH’s exposure to institutional investors.
Despite this, the current technical scenario for BCH shows a bearish trend. The MACD indicator points to bearish momentum, while the RSI suggests that the asset is in an oversold condition. However, significant capital inflows have been observed, which could signal a possible reversal in sentiment in the short term.
This combination of factors brings both challenges and opportunities to the BCH market.
