Bitcoin Cash Price Watch – BCH/USD Dips Below $1,300 Amid Crypto Selloff

bitcoin cash price watch bch usd dips below 1300 amid crypto selloff

Key Highlights: Bitcoin Cash failed to crack above $1,400 earlier today. Instead, the coin declined below $1,300, now trading at around $1,250. A major resistance level has been established at $1,290. A decline toward $1,200 could still happen in the short term as the BCH/USD moving averages are trending downward. BCH/USD Dips Below $1,300 On Crypto Selloff On Wednesday, Bitcoin Cash failed to move above $1,400 but instead fell sharply below the $1,300 price level. The price dip was so steep that it even broke the 76.4% Fib retracement level.…

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Bitcoin Dips For The Second Straight Session

bitcoin dips for the second straight session

Bitcoin has extended the selloff in Tuesday’s trade after a sharp decline in the earlier session, amid concerns over the future of digital currencies after the new regulations from the Chinese government. The price of bitcoin has dropped sharply in the early trading session on Tuesday. However, its price gains some momentum in the afternoon session and currently trading just below the $15,000 mark. Although bitcoin declined in the last two trading session, it is still showing strong improvement compared to the level it has seen two weeks ago. Its…

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