Bitcoin Cash Price Weekly Analysis: BCH/USD Rally Could Extend above $650
Key PointsBitcoin cash price jumped higher and broke the $540 and $600 resistance levels against the US Dollar.
There was a break above a major bearish trend line formed with resistance near $560 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair surged above the $600 and $620 levels, and now it could rally past $650.Bitcoin cash price climbed higher sharply above $600 against the US Dollar. BCH/USD may correct lower, but dips remain supported for more gains above $650.
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