08-06-2018 06:08 via newsbtc.com

Bitcoin Cash Price Analysis: BCH/USD Eyeing Upside Break

Key PointsBitcoin cash price is currently facing a strong resistance near $1,160 against the US Dollar.
There is a major bearish trend line forming with resistance at $1,160 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair might dip a few points, but the overall bias is positive above the $1,100 support level.Bitcoin cash price remains in an uptrend above $1,100 against the US Dollar. BCH/USD has to move past $1,160 and $1,180 to gain upside momentum.
Bitcoin Cash Price
Read more »