20-11-2018 05:28 via newsbtc.com

Bitcoin Cash Price Analysis: BCH/USD Tumbles, $220 Next?

Key PointsBitcoin cash price declined heavily and traded below the $300 and $280 levels against the US Dollar.
Yesterday’s highlighted key bearish trend line is intact with resistance at $315 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is currently trading near the $250 level and it could decline further towards $220.Bitcoin cash price is under heavy selling pressure against the US Dollar. BCH/USD could continue to move down and it may test the $220 level in t
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