Bitcoin cash price gained pace after there was a close above $575. As a result, BCH climbed above the $600 resistance and the 55 simple moving average (4-hours). There was a clear break above the 23.6% Fib retracement level of the downward move from the $731 swing high to $543 low. Besides, there was a break above a major bearish trend line with resistance near $600 the 4-hours chart of the BCH/USD pair. The pair surpassed the $620 resistance level. However, the price is now facing resistance near the $635 level. It is near the 50% Fib retracement level of the downward move from the $731 swing high to $543 low. The ... (full story)