Bitcoin Cash has sold off on large volume over the last few hours and the daily loss has now hit 8.33%. On the daily chart below, I have outlined a few important price levels but if the volume increases at the same rate it may not matter. 255.06 is the consolidation low from July and until recently looked to be holding strong. Today all of the majors seem to be taking a hit and BTC/USD has also lost 3.83% but this is nothing compared to BCH/USD. Under this, 277.40 is the next support zone to be aware of as after the rally it was used before as a platform for a move higher. The volume profile on the left-hand side is ... (full story)

Unclear on what the catalyst could be, if anything news-wise, but cryptos are collapsing across the board with altcoins leading the plunge... But Bitcoin puked back to $8500... (full story)