Bitcoin cash price started a downside correction from the $245 zone against the US Dollar. The price is now trading below the $240 zone and the 55 simple moving average (4 hours). There is a key declining channel or a bullish flag pattern forming with resistance near $240 on the 4-hour chart of the BCH/USD The post Bitcoin Cash Analysis: Dips Could Be Supported Near $230 appeared first on Live Bitcoin News .