Bitcoin Cash Price Weekly Analysis: BCH/USD Bullish Above $1,200

Key PointsBitcoin cash price remained in a positive zone above the $1,000 level against the US Dollar.
There is a major bearish trend line forming with resistance near $1,200 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair has to settle above the $1,200 barrier to gain traction in the near term.Bitcoin cash price is placed in a bullish zone against the US Dollar. BCH/USD will most likely trade in a range before making an attempt to surpass $1,200.
Bitcoin Cash Price Re