09-12-2018 05:28 via newsbtc.com

Bitcoin Cash Price Weekly Analysis: BCH/USD Could Struggle Near $120

Key PointsBitcoin cash price declined heavily and even broke the $100 support against the US Dollar.
There is a crucial bearish trend line formed with resistance at $120 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair is currently correcting higher, but it is likely to struggle near the $120 resistance.Bitcoin cash price fell sharply below $150 and $100 against the US Dollar. BCH/USD may correct higher in the short term towards $115 or $120 resistance.
Bitcoin Cash Pri
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