Bitcoin Cash Price Analysis: BCH/USD Bears Eyeing $400

Key PointsBitcoin cash price extended losses and broke the $440 swing low against the US Dollar.
There is a key declining channel in place with resistance at $440 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is likely to extend losses below the $420 and $410 levels in the near term.Bitcoin cash price declined further below the $440 low against the US Dollar. BCH/USD remains at a risk of more losses towards the $400 handle.
Bitcoin Cash Price Analysis
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