Bitcoin Cash Price Weekly Analysis: BCH/USD Extending Losses

Key PointsBitcoin cash price broke many supports and traded below $800 against the US Dollar.
There is a crucial bearish trend line in place with resistance near $820 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair is likely to continue its decline as long as it is below $850 and $900 resistance levels.Bitcoin cash price declined heavily below $900 against the US Dollar. BCH/USD may perhaps accelerate declines towards the $700 level in the near term.
Bitcoin Cash Price