Bitcoin Cash (BCH) is facing a tumultuous move as a second retest of topside resistance from the 20DMA seems destined to enter retracement.
This comes amid a bleak downside move for BCH, which has bled-out -27% since a local high at $330 on June 30 amid wider disarray in altcoin markets.
As BCH holders battle tough resistance from the 20DMA, price has shifted lower, with Bitcoin Cash currently trading at $237.3 (a 24-hour change of -0.17%)….
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