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Bitcoin Cash Consolidates Around $300 After Having a Week Full of Downward Trend

  1. BCH/USD trades above $300 after having a dull time since August 28, 2019 when the whole market almost crashed.

  2. Bitcoin Cash has is currently trading above its key resistance in the price range of bullish crossover.

  3. The hourly breakdown of the chart shows that BCH even went as low as $285 in the past 24 hours.

Bitcoin Cash price resonating the movement of Bitcoin just breached the key resistance at $300 after opening at $301 and giving a high price at $301.98 on September 4, 2019. BCH/USD had this bullish start since past 2 days but could not really sustain and again fell below $290. However, the coin has not performed below $280 since past 5 days now.

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