Bitcoin Cash Continues to Fall and May Slide into the Range Bound Zone
The sellers have taken a giant stride as the price dropped after a retest at $310. A retest at the zone means that the price fall is continuing. The coin has depreciated to a low of $273 and the bears are contesting the price level with the bulls. If the bulls lose control of price, it is expected that BCH will continue to depreciate and the price will reach the low of $240.It is also anticipated that if the price at $273 holds, the downward move will be interrupted.