Bitcoin Cash in Sideways Move, Battles Resistance at $1,600

On May 12, Bitcoin Cash (BCH) is fluctuating between levels $1,300 and $1,600. On the downside, if the bears break below the $1,300 support, the market will further decline to a low of $1,000. Meanwhile, the altcoin is trading at $1,508.96 at the time of writing.
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