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Monday

25 January 2021

Bitcoin Cash Analysis: Risk of Downside Break below $285 | Live Bitcoin News

Bitcoin Cash Analysis: Risk of Downside Break below $285 | Live Bitcoin News


smart summary beta

After testing the $250 support zone, bitcoin cash price started a decent increase above the $270 and $280 levels.

If there is a downside break below the $285 and $280 support levels, there could be a sharp decline.

Looking at the chart, bitcoin cash price is struggling to stay above the $285 and $280 support levels.

Overall, the price could decline heavily if there is a clear break below the $285 support zone

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