Bitcoin Cash Price Weekly Analysis – BCH/USD to Decline Further

Key PointsBitcoin cash price started a fresh decline this past week and moved below $1,250 against the US Dollar.
There is a major bearish trend line forming with resistance at $1,310 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX).
The pair may continue to decline and it could even break the $1,100 support in the near term.Bitcoin cash price is struggling to recover against the US Dollar. BCH/USD remains at a risk of more declines below the $1,100 level during the next few da