Bitcoin cash price climbed higher sharply above $600 against the US Dollar. BCH/USD may correct lower, but dips remain supported for more gains above $650.
After trading above the $500 level for quite some time, there was a sharp upside move in bitcoin cash price against the US Dollar. The BCH/USD pair rallied and broke many resistances on the way up like $540, $580, $600 and $640. More importantly, the price is now trading well above the $550 pivot level and the 100 simple moving average (4-hours).