Markets often give second chances, but they rarely look as clear as the current Bitcoin Cash (BCH) setup. The BCH price chart is showing a symmetrical triangle pattern that has been forming for years. Recently, BCH broke out of that triangle and is now retesting the top line as support.

This retest is important because it often signals whether a breakout is real or just a fake move. If BCH holds this level, it could be the confirmation that long-term holders have been waiting for.

Crypto analyst Butterfly discussed how BCH price is retesting a key level. According to his view, Bitcoin Cash has flipped a broken symmetrical triangle resistance into fresh support. That type of chart behavior can be powerful. It often suggests that what was once a ceiling is now acting as a floor.

For anyone watching BCH closely, that detail stands out. Instead of signaling the end of momentum, the current retracement may be offering what Butterfly calls “the perfect second entry.”

Bitcoin Cash was born from a split with Bitcoin in 2017. The idea was simple but ambitious: keep the spirit of Bitcoin while making it more usable for everyday transactions. BCH pushed for bigger block sizes, allowing faster and cheaper payments compared to BTC.

In many ways, it tried to be digital cash for the internet age. That mission has not changed. Today, while Bitcoin is seen more as digital gold, BCH continues to chase the original dream of being money that moves quickly and at low cost. It is this difference that keeps interest alive, especially when the Bitcoin Cash price begins to stir.

Butterfly’s chart suggests that momentum in BCH could return sharply once the current consolidation plays out. His analysis points toward the possibility of Bitcoin Cash rallying as high as $3,700 if strength returns.

To put that into perspective, such a level would mark one of the strongest moves for BCH in years. While no outcome is guaranteed, the framing of this pullback as an opportunity rather than a risk has started to shape the way some traders look at the BCH price.

In markets, the idea of “support turning into launchpad” is one of the oldest stories, and BCH might be living that story right now.

The real question is whether this is indeed a moment like the early stages of past rallies. Bitcoin Cash has a history of moving quickly once momentum picks up. The current setup, highlighted by Butterfly, gives the sense that BCH is at one of those inflection points again. If so, this could be remembered as the second chance to position before another wave higher.

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Bitcoin Cash may not always dominate headlines, but the BCH price chart is telling its own story. The pullback is being framed by analysts like Butterfly not as a breakdown but as a reset that could spark the next rally. Whether BCH follows through or not, the setup has placed it back in the spotlight.

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The post Could This Be the Second Chance to Buy Bitcoin Cash (BCH) Before the Next Rally? appeared first on CaptainAltcoin.

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