Bitcoin Cash Price Analysis: BCH/USD Under Pressure Below $180

Key PointsBitcoin cash price failed to trade above $175-180 and declined sharply against the US Dollar.
There are two key bearish trend lines formed with resistance near $175 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is currently trading near the $165 support and it could tumble towards $150 in the near term.Bitcoin cash price struggled to hold gains above $180 against the US Dollar. BCH/USD is under pressure and it looks set to clear the $160 and $150 support lev