Bitcoin Cash Price Weekly Analysis – BCH/USD Facing Crucial Resistance

Key PointsBitcoin cash price made a nice upside move this past week and traded above $1,100 against the US Dollar.
At the moment, the BCH/USD pair is attempting to settle below a major bullish trend line with support at $1,200 on the 4-hours chart (data feed from SimpleFX).
The pair may correct lower in the short term towards the $1,120 and $1,080 levels.Bitcoin cash price surged higher before facing sellers near $1,375 against the US Dollar. BCH/USD is currently correcting lower and it could re