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

Key PointsBitcoin 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
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