Bitcoin Cash Price Technical Analysis – BCH/USD Testing Key Support
Key PointsBitcoin cash price was not able to move above the $1,280 and $1,290 resistance levels against the US Dollar.
There is a key bullish trend line forming with support at $1,225 on the hourly chart of BCH/USD (data feed from SimpleFX).
The pair could break the trend line support and $1,220 and may decline further in the near term.Bitcoin cash price failed to move above $1,290 against the US Dollar. BCH/USD is currently moving lower and is testing a major support area near $1,220.
Bitcoin C
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