Bitcoin Cash Price Technical Analysis – BCH/USD Rising Towards Resistance

Key PointsBitcoin cash price started a recovery after trading as low as $1340 against the US Dollar.
This week’s highlighted major bearish trend line with current resistance at $2000 is still in place on the hourly chart of BCH/USD (data feed from Kraken).
The pair may correct further in the near term, but it faces a major challenge near $2000.Bitcoin cash price is recovering from the $1340 swing low against the US Dollar. BCH/USD is still below a major resistance area at $2000.
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