Bitcoin Cash Price Technical Analysis – BCH/USD Surged Above $850

Key PointsBitcoin cash price gained traction and it was successful in clearing the $800 and $850 resistances against the US Dollar.
There was a break above a minor bearish trend line with resistance at $780 on the hourly chart of the BCH/USD pair (data feed from Kraken).
The pair surged higher and traded close to the $900 resistance area recently.Bitcoin cash price is gaining upside momentum above $850 against the US Dollar. BCH/USD could soon break the $900 level to extend gains in the near ter