19-07-2018 06:08 via newsbtc.com

Bitcoin Cash Price Analysis: Can BCH/USD Hold This Support?

Key PointsBitcoin cash price started a downside correction and declined below $840 against the US Dollar.
This week’s highlighted major bullish trend line was breached with support near $830 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is currently testing a crucial support near $800 and it remains at a risk of more declines.Bitcoin cash price corrected sharply lower from $890 against the US Dollar. BCH/USD must stay above the $800 support to avoid further slid
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