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  • Bitcoin Cash price late in the session on Monday was trading firmly in the red, down some 3.45%.
  • BCH/USD is prevented from greater upside by heavy sellers camped from $165 up to $175 range.  

 

Spot rate:                  157.61

Relative change:       -3.45%

High:                         164.65

Low:                          153.70

 

Trend:                        Bearish

BCH/USD 60-minute chart

  • Near-term hourly demand keeping the price propped up from $155-152 range.

BCH/USD daily chart

  • Sellers are preventing progress for the bulls, camped from $165 up to $175.