After a sharp decline, bitcoin cash price settled below the $1,000 level. BCH broke many important supports near $850 to move further into a bearish zone. The price even broke the $650 support level and settled below the 55 simple moving average (4-hours). Finally, the price spiked below $500 and traded as low as $471. Recently, there was an upside correction above the $600 and $650 levels.There was a break above a major bearish trend line with resistance near $750 on the 4-hours chart of the BCH/USD pair. The pair climbed above the 23.6% Fib retracement level of the key decline from the $1,645 high to $471 low. The ... (full story)