Bitcoin Cash Price Technical Analysis – BCH/USD Recovers Above $900

Key Points Bitcoin cash price declined as low as $748 and is currently recovering against the US Dollar. There was a break above a bearish trend line with resistance at $890 on the hourly chart of BCH/USD (data feed from SimpleFX). There is another bearish trend line on the upside with resistance at $1060 on the same chart.

Bitcoin cash price recovered nicely from the $748 low against the US Dollar. BCH/USD is currently above $900 and is facing resistances near $1,000 and $1,060.

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