Bitcoin Cash Price Analysis: BCH/USD Nosedived Below $475

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Bitcoin Cash Price Analysis: BCH/USD Nosedived Below $475

Key Points

  • Bitcoin cash price failed to bounce back and broke the $500 support against the US Dollar.
  • There was a break below a declining channel with support at $495 on the hourly chart of the BCH/USD pair (data feed from Kraken).
  • The pair declined sharply and broke the $475 and $460 support levels.

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