BCH experienced a strong bearish movement despite the overall positive sentiment in the cryptocurrency market. - The resurfacing of a Bitcoin mega whale and JPMorgan's bearish price expectations for BTC might have caused a ripple effect leading to the bearish movement in BCH. - Mentioning Bitcoin Cash soaring 40% earlier in the week could have attracted profit-taking activities, contributing to the bearish movement. - While Bitcoin touched new all-time highs, the focus on other altcoins for higher profits could have diverted attention and investment away from BCH, leading to its bearish movement.