Bitcoin Cash runs into a heavy area of sellers, heading into the $650 territory. BCH/USD last faltered in the mentioned supply zone early September, resulting in a drop of over 35%. The Bitcoin Cash price was seen nursing losses of around 1.50%, through the mid-point of trading on Wednesday. It cooled after running into touted supply zone, as highlighted in yesterday’s Bitcoin Cash write up. BCH/USD bulls were fast approaching a known strong area of sellers, which was seen around the $650 territory. The price last faltered here heavily in the early part of September. As a result, the price at the time went on to drop over 35%, down to the early $400 territory. Technically, eyes will be on potential support, just ahead of the $600 mark. Should this fail to provide any safety net, then a chunky drop back to test $500 mark to the downside, which is where the next demand zone is eyed. BCH/USD 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitcoin (BTC) stays at $6,500 as market volume hits $13 billion FX Street 3 years Bitcoin Cash runs into a heavy area of sellers, heading into the $650 territory. BCH/USD last faltered in the mentioned supply zone early September, resulting in a drop of over 35%. The Bitcoin Cash price was seen nursing losses of around 1.50%, through the mid-point of trading on Wednesday. It cooled after running into touted supply zone, as highlighted in yesterday's Bitcoin Cash write up. BCH/USD bulls were fast approaching a known strong area of sellers, which was seen around the $650 territory. The price last faltered here heavily in the early part of September. As a result, the… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
