- Bitcoin Cash price is trading in the green, with gains of 0.80% in the second half of the session.
- BCH/USD price action is moving within a bearish pennant structure, subject to a potential breakout south.
- The price is attempting to snap a four consecutive session run of losses.
BCH/USD daily chart
The bears will be eyeing a potential return to the pychological $200 price mark.
BCH/USD 60-minute chart
Near-term price action is heading for a retest of a breached descending channel structure.
Spot rate: 215.05
Relative change: -0.10%
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