03-06-2018 07:08 via newsbtc.com

Bitcoin Cash Price Weekly Analysis: BCH/USD Gaining Upside Momentum

Key PointsBitcoin cash price is back in a positive zone and $1,000 with bullish signs against the US Dollar.
There was a break above a crucial bearish trend line with resistance near $980 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair is now above the $1,040 level and the 100 simple moving average (4-hours).Bitcoin cash price is gaining bullish momentum above $1,000 against the US Dollar. BCH/USD has to move above $1,100 to accelerate gains in the near term.
Bitcoin C
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