Bitcoin Cash (BCH) surged to $644, its highest level since April 2024, despite prevailing bearish sentiment. The cryptocurrency gained approximately 7% against Bitcoin, securing its position as the 16th largest by market cap. This rise comes as Bitcoin (BTC) encounters resistance near $117,000, with a daily gain of 0.82% and a weekly increase of 2.94%. Technical indicators for Bitcoin suggest potential growth, with the MACD line nearing a bullish crossover and the RSI in a neutral-bullish zone. Additionally, a dormant wallet from 2014 moved 1,000 BTC, valued at over $116 million, potentially adding to market volatility as critical resistance levels are tested.