Bitcoin cash (BCH) is pushing higher against the greenback and could test the $1,200 mark soon, according to the technical charts.
As of writing, the world's fourth-largest cryptocurrency by market capitalization is changing hands at $1,119 - up 3 percent on a 24-hour basis, according to data source CoinMarketCap. Prices had dropped to a four-week low of $938 on Friday, tracking the broader market sell-off.
However, over the weekend, BCH moved back above the $1,000 mark, signaling a temporary low is in place at $938.
Seen at:
https://www.coindesk.com/bitcoin-cash-price-enters-recovery-mode-4-week-low/