Bitcoin Cash price falls to $200: what’s next? (#Crypto #News)

The Bitcoin Cash price line fell to the $200 level after seeing a day’s high above the $232 mark on the price chart for the 22nd of March. The cryptocurrency traded between the $ and $

1-Day Bitcoin Cash Price Analysis (22nd March)

Bitcoin Cash Price Chart

Bitcoin Cash Price Chart by TradingView

The Bitcoin Cash price line was observed below the $220 level at the start of the day. The coin rose across the $232 mark and reached a day’s high of $233.158952 US Dollars, after which saw a continuous fall for the rest of the day. The cryptocurrency closed the day with a trading value of $201.112597 US Dollars. The trade stayed between the $200 and $212 levels for the rest of the trading period.

Bitcoin Cash: bears taking control?

AsimMirza786 is a TradingView analyst who is of the opinion that the bears may be taking control of the Bitcoin Cash market. 

Bitcoin Cash Featured Price Chart

Bitcoin Cash Featured Price Chart by TradingView

The analyst suggested that a good range for the long term entry would be $180 – $189. As per the idea, as soon as the market recovers, the cryptocurrency should be able to touch the $320 – $340 range.

Featured Image by Markus Spiske.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.


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Source: https://www.cryptopolitan.com/bitcoin-cash-price-falls-to-200/

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