Bitcoin Cash Getting Much Weaker

Bitcoin Cash may well head to $640 or $630 soon, as there’s a new bearish trend line at $690. The crypto is trading at $662, having already tested the local low at $645 and then pulled back. The cryptocurrency is under pressure, according to Dmitriy Gurkovskiy, Chief Analyst at RoboForex. He portends Bitcoin Cash is unlikely to stay long near $700. In case the sellers remain active, it will soon reach $630. Losses are already high, investors say, which could be clearly seen after BCH went below $665. In theory,…