Bitcoin cash is attempting a recovery wave from the $213 zone against the US Dollar. The price is now trading below the $230 zone and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $229 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The post Bitcoin Cash Analysis: Downtrend Resistance Sits at $230 appeared first on Live Bitcoin News .
