Bitcoin Cash Price Watch – BCH/USD Downside Confirmed

Blockchain Media Group
This post was originally published on source

Bitcoin Cash’s downside has been confirmed as it falls to $1,200.

Key Highlights:

Bitcoin Cash failed to maintain its price above $1,300 this week, falling back to the $1,200 range
Currently, BCH is trading at $1,235, but it may decline back down to near $1,200, which is now a key support level
BCH failed to hold above $1,360; in the short term, it should first test a resistance at $1,250

Bitcoin Cash — Short-term Downside Confirmed

Last week, we established a major resistance level for Bitcoin Cash at $1,310, which was surpassed …

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