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Monday

10 May 2021

Bitcoin Cash Analysis: Bulls Could Gain Strength Above $900 | Live Bitcoin News

Bitcoin Cash Analysis: Bulls Could Gain Strength Above $900 | Live Bitcoin News


smart summary beta

It is now trading above the $850 support level and the 55 simple moving average (4-hours).

There was a break above a key bearish trend line with resistance near $850 on the 4-hours chart of the BCH/USD pair.

An initial support is near the $850 level and the 55 simple moving average (4-hours).

Looking at the chart, bitcoin cash price is clearly trading above the $850 level and the 55 simple moving average (4-hours).

Overall, the price is likely to accelerate higher above the $900 and $920 resistance levels in the near term.

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