Bitcoin Cash Price Weekly Analysis: BCH/USD Sighting Further Upsides

Key PointsBitcoin cash price gained traction and moved above the $500 barrier against the US Dollar.
There is a key contracting triangle in place with support near $510 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair is likely to break higher towards the $575 and $600 levels in the near term.Bitcoin cash price is trading in a bullish zone above $500 against the US Dollar. BCH/USD may continue to find buyers on the downside near $500 and $480.
Bitcoin Cash Price Decline