Bitcoin Cash Analysis: Downside Break Below $100 Seems Real

Bitcoin cash price started a fresh decline from the $105 zone against the US Dollar. The price is now trading below the $102 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $100 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $95 and $92 support levels. Bitcoin cash price is declining from the $105 zone against the US Dollar, similar to bitcoin. BCH/USD could decline heavily if there is a move below $95. Bitcoin Cash