- Bitcoin Cash price in the late part of the session on Tuesday, trading firmly in the red, down over 2%.
- BCH/USD price is caught within the confinements of a steep descending channel structure.
Spot rate: 156.53
Relative change: -2.30%
High: 159.48
Low: 152.47
Trend: Bearish
BCH/USD 60-minute chart
- Price action is heading south within a steep descending channel formation, subject to a potential breakout.
BCH/USD daily chart
- Supply remains somewhat strong within the range of $160-170, where the price faltered late January.
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