Bitcoin Cash Analysis: Bulls Aim A Push To $150

Bitcoin cash started a decent increase above the $120 and $125 resistance levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $130 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $135 and $138 to continue higher in the near term. Bitcoin cash price is climbing above $125 against the US Dollar, similar to bitcoin. BCH/USD could start a fresh surge if it clears the $135 level. Bitcoin Cash Price