Bitcoin Cash Analysis: Bulls Struggle To Protect This Key Support

Bitcoin cash price started a downside correction from the $270 zone against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support at $242 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The post Bitcoin Cash Analysis: Bulls Struggle To Protect This Key Support appeared first on Live Bitcoin News .