Bitcoin Cash price is trading in the red, with losses of 3.05% the session on Thursday. BCH/USD bears have forced their way out of a bearish flag structure, leaving the door open to further selling pressure. The price must hold the retest or be forced back within the narrow range and be subject to further downside. BCH/USD daily chart The bears remain firmly in control of the trend, as the price consolidates, another drop may be on the cards. BCH/USD 60-minute chart A breakout from the bearish flag via the 60-minute puts the $200 price at risk. Spot rate: 238.74 Relative change: -3.05% High: 229.06 Low: 217.04 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 GBP/JPY holding territories in 139 handle, despite DUP risks to Brexit draft FX Street 4 years Bitcoin Cash price is trading in the red, with losses of 3.05% the session on Thursday. BCH/USD bears have forced their way out of a bearish flag structure, leaving the door open to further selling pressure. The price must hold the retest or be forced back within the narrow range and be subject to further downside. BCH/USD daily chart The bears remain firmly in control of the trend, as the price consolidates, another drop may be on the cards. BCH/USD 60-minute chart A breakout from the bearish flag via the 60-minute puts the $200 price at… Regulated 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.