15-03-2018 05:08 via newsbtc.com

Bitcoin Cash Price Technical Analysis – BCH/USD Crashes Below $1,000

Key PointsBitcoin cash price declined sharply and moved below the $1,000 support against the US Dollar.
There was a break below a crucial bullish trend line with support at $1,010 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair is now trading below the $900 level and it remains at a risk of more losses.Bitcoin cash price is under a lot of pressure below $1,000 against the US Dollar. BCH/USD is likely to extend declines below the $900 level.
Bitcoin Cash Price Decline
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