Bitcoin Cash Price Weekly Analysis: BCH/USD Could Decline Below $160

Key PointsBitcoin cash price is currently consolidating and it could decline below $160 against the US Dollar.
There is a major bearish trend line formed with resistance at $190 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair is struggling to break the $190-200 resistance area and it could decline sharply.Bitcoin cash price is in a downtrend below $200 against the US Dollar. BCH/USD could gain strength once sellers gain pace below $160.
Bitcoin Cash Price Analysis
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