Bitcoin cash price is facing a strong resistance near the $720 level against the US Dollar. The price is now trading just below $700 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $730 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase)....The post Bitcoin Cash Analysis: Risk of More Downsides Below $650 appeared first on Live Bitcoin News.