Bitcoin Cash Price Weekly Analysis: BCH/USD Could Struggle Near $120

Key Points Bitcoin cash price declined heavily and even broke the $100 support against the US Dollar. There is a crucial bearish trend line formed with resistance at $120 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is currently correcting higher, but it is likely to struggle near the $120 resistance. Bitcoin cash price fell sharply below $150 and $100 against the US Dollar. BCH/USD may correct higher in the short term towards $115 or $120 resistance. Bitcoin Cash Price Analysis This past week,…

Bitcoin Cash Price Analysis: BCH/USD Nosedives Below $100, $80 Next?

Key Points Bitcoin cash price tumbled and broke the $125 and $100 support levels against the US Dollar. There is a monster bearish trend line in place with resistance at $120 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently at a risk of more losses below the $100 level in the near term. Bitcoin cash price ABC tumbled below $100 whereas BCHSV climbed above $100 against the US Dollar. BCH/USD is under pressure and it could trade towards $80. Bitcoin Cash Price…

Bitcoin Cash Price Analysis: BCH/USD Primed To Test $100

Key Points Bitcoin cash price is under a lot of pressure after it broke the $150 support against the US Dollar. There is a major declining channel formed with resistance near $135 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading near $125 and it may slide further towards the $100 level in the near term. Bitcoin cash price registered heavy losses from the $200 swing high against the US Dollar. BCH/USD could continue to move down towards the $100 level. Bitcoin…

Bitcoin Cash Price Analysis: BCH/USD Crashes Below $150

Key Points Bitcoin cash price traded further lower and broke the $150 support level against the US Dollar. There is a new connecting bearish trend line formed with resistance near $148 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair remains at a risk of more losses below the $140 level in the near term. Bitcoin cash price extended losses below $150 against the US Dollar. BCH/USD may continue to move down and it could even test the $125 level. Bitcoin Cash Price Analysis Yesterday,…

Bitcoin Cash Price Analysis: BCH/USD Under Pressure Below $180

Key Points Bitcoin cash price failed to trade above $175-180 and declined sharply against the US Dollar. There are two key bearish trend lines formed with resistance near $175 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading near the $165 support and it could tumble towards $150 in the near term. Bitcoin cash price struggled to hold gains above $180 against the US Dollar. BCH/USD is under pressure and it looks set to clear the $160 and $150 support levels. Bitcoin…

Bitcoin Cash Price Weekly Analysis: BCH/USD Could Decline Below $160

Key Points Bitcoin cash price is currently consolidating and it could decline below $160 against the US Dollar. There is a major bearish trend line formed with resistance at $190 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is struggling to break the $190-200 resistance area and it could decline sharply. Bitcoin cash price is in a downtrend below $200 against the US Dollar. BCH/USD could gain strength once sellers gain pace below $160. Bitcoin Cash Price Analysis This past week, there was a…

Bitcoin Cash Price Analysis: BCH/USD Consolidating Below $200

Key Points Bitcoin cash price remained below the $200 resistance and corrected lower against the US Dollar. There is a major bearish trend line formed with resistance near $193 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could consolidate in the short term below $195 and $200 before the next move. Bitcoin cash price remained in a range below the $200 resistance against the US Dollar. BCH/USD must climb above $190 and $200 to climb further higher in the near term. Bitcoin Cash Price…

Bitcoin Cash Price Analysis: BCH/USD Approaching Next Break

Key Points Bitcoin cash price failed to break the $195 and $198 resistance levels against the US Dollar. There is a crucial contracting triangle forming with resistance near $198 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to make the next move either above $198 or below $175 in the near term. Bitcoin cash price is struggling to clear the $200 hurdle against the US Dollar. BCH/USD is approaching the next break either above $198-200 or towards $165. Bitcoin Cash Price Analysis…

Bitcoin Cash Price Analysis: BCH/USD Could Climb Again Above $200

Key Points Bitcoin cash price traded higher recently, but it failed to stay above $200 against the US Dollar. There is a key bullish trend line formed with support at $170 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to climb higher once again above $185 as long as it is above $170. Bitcoin cash price is trading with a positive bias above $160 against the US Dollar. BCH/USD must settle above $185 and $200 to gain bullish momentum. Bitcoin Cash Price…

Bitcoin Cash Price Analysis: BCH/USD Tumbles, $220 Next?

Key Points Bitcoin cash price declined heavily and traded below the $300 and $280 levels against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $315 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently trading near the $250 level and it could decline further towards $220. Bitcoin cash price is under heavy selling pressure against the US Dollar. BCH/USD could continue to move down and it may test the $220 level in the near term. Bitcoin Cash…