Key Highlights:
Bitcoin Cash bounced back above $1,000 on Friday, now trading at around $1,010.
The cryptocurrency was able to recover from its latest bearish run.
BCH/USD is now holding a major support level at $995.
BCH/USD Recovers From Latest Selloff
On Friday, Bitcoin Cash was able to bounce back from this week’s market-wide selloff, now sitting at above $1,000. It’s now holding down a major support level at $995, while a resistance level of $1,050 needs to be tested later.
BCH/USD is currently on a bullish run that could take its price safely past $1,020. ...
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