Bitcoin Cash is now on a bearish run, breaking below the pivotal $1,000 level.
Just like with other major cryptocurrencies, BCH/USD is now on a long-term bearish trend.
On the downside, BCH/USD could slide to $950 later this week.
BCH/USD Breaks Below $1,000
On Wednesday morning, Bitcoin Cash broke below the pivotal $1,000 price level, now trading at around $995. BCH/USD could still slip further later in the day, where the downside could take its price toward $950 later this week. On the upside, a retest of the $1,000 level may still be possible.
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