Bitcoin Cash: Price Analysis, April 06

3

BCH/USD

Bitcoin Cash is in a firm bear grip. Prices continue to fall as the support levels fail to attract buyers.




BCH/USD




The BCH/USD pair has broken down of the April 01 lows of $653. Its next support is at $558.3870.

We shall turn bullish on the digital currency if it breaks out and sustains above the descending channel. Until then, the bears will continue to sell on every small rally.

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