Bitcoin Cash technical analysis: BCH/USD $300 given up with $250 now a possible target for bears
|- Bitcoin Cash price on Wednesday is trading in negative territory by 7%.
- BCH/USD is extending to the downside following a bearish flag structure breach.
- The next major zone of support is eyed down at the $250 price territory.
Spot rate: 291.10
Relative change: -7.70%
High: 316.14
Low: 289.77
BCH/USD daily chart
- The next major daily area of support is eyed down at $250, last traded here on 16th July.
BCH/USD 60-minute chart
- Bears are hunting for a wick fill of the 15th August spike to the downside.
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