- Bitcoin Cash price is trading in the red, with losses of 1.50% in the second half of the session.
- BCH/USD headed towards a retest of a breached daily pennant, however fell short.
- Major support to the downside should be noted at; $160, $150 and then $120.
BCH/USD weekly chart
The price remains vulnerable to further downside risks via the weekly, after a critical breach of $200.
BCH/USD daily chart
Price action is capped by the high of the session on Wednesday, the barrier sitting at $190.
Spot rate: 187.10
Relative change: -1.50%
High: 190.69
Low: 182.66
Share
