A $286.87 reading for Bitcoin Cash (BCH) on Wednesday, Oct. 21, fell between two later-dated projections, even as the asset's 3.03% 24-hour gain coincided with opposing daily and weekly moving-average signals.
At 2:02 p.m. ET (18:02 UTC), BCH was $5.77 above the $281.10 projection for Oct. 23. The Oct. 24 projection was $287.31, 44 cents above the reading.
BCH traded from $276.74 to $289.65 over the preceding 24 hours. Moving-average signals varied by timeframe: the daily chart was bullish, while the weekly chart was bearish.
CME Group's Oct. 20 announcement identified FalconX and GSR as participants in the first block trade of Bitcoin Cash futures.
