07-12-2018 05:28 via newsbtc.com

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

Key PointsBitcoin 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 A
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