Bitcoin Cash Price Weekly Analysis – BCH/USD Remains at Risk

Key PointsBitcoin cash price struggled to recover and moved below the $950 level against the US Dollar.
There is a crucial bearish trend line forming with resistance at $975 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX).
The pair remains at a risk of more declines and it could even break the last low of $867 in the near term.Bitcoin cash price is under pressure below $975 against the US Dollar. BCH/USD may continue to decline towards $850 and $800 support levels.
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