- Bitcoin Cash trades 1.50% lower today as general crypto sentiment remains weak.
- The psychological 200 level could protect the 192.10 support level.
BCH/USD Daily Chart
There has been a massive head and shoulders breakdown on the BCH/USD daily chart.
Now to confirm the downtrend all that stands in the way is the 192.10 support level.
Sentiment in all the major crypto pairs has been poor for a while now.
The seems to be no real catalyst for that to change but nobody has a crystal ball.
The odds still remain on the short side, especially if the 200 psychological level breaks.
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Additional Levels
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