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Bitcoin Cash Update: BCH/USD drops 10.56% in 2 hours

  • The entire crypto market plummets.
  • BCH/USD goes down from $406 to $365.
Bitcoin Cash Update: BCH/USD drops 10.56% in 2 hours
Rajarshi MitraRajarshi MitraIndependent Analyst

Bitcoin Cash dropped down drastically by 10.56% in two hours. Its price went down from $406 to $365, reaching a low of $340. On the downside, there are three critical support levels - $320, $292, and $270. The bulls will need to defend the $320 with everything they have to stop the price from dropping below $300.

BCH/USD Daily Chart


 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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