Bitcoin Cash Price Analysis: BCH/USD Broke Key Resistance
Key PointsBitcoin cash price jumped higher and broke a key resistance at $950 against the US Dollar.
There was a break above a major bearish trend line with resistance at $960 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair may correct a few points in the short term, but downsides remain supported above $950.Bitcoin cash price is back in a bullish zone above $950 against the US Dollar. BCH/USD has to gather pace above $1,040 for more gains in the near term.
Bitcoin Cash
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