Bitcoin Cash Price Weekly Analysis: BCH/USD’s Downtrend Intact

Key PointsBitcoin cash price remained under pressure and declined below the $1,000 support against the US Dollar.
There is a monster bearish trend line in place with resistance near $1,060 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
The pair is likely to decline further and it could even break the last swing low of $948 in the near term.Bitcoin cash price is in a bearish trend below $1,080 against the US Dollar. BCH/USD remains at a risk of more declines towards the $920 an