Bitcoin Cash price forecast: Will BCH rally above $500 soon

2025-6-20 11:56

Key takeaways

BCH has outperformed other major coins this week, up nearly 20%. The coin could hit the $500 mark heading into a historically bullish Q3. Bitcoin Cash defies market conditions, surges 20% this week

BCH, the native coin of the Bitcoin Cash ecosystem, has been one of the best performers this week. It had outperformed Bitcoin and other major cryptocurrencies, adding nearly 20% to its value over the last seven days.

This latest development comes amid growing conflict in the Middle East. The ongoing conflict between Iran and Israel has negatively affected Bitcoin, Ether, and other major cryptocurrencies. BTC had failed to create a new all-time high after hitting the $111k level earlier this month.

However, Bitcoin Cash is benefiting from capital rotation into mid-cap cryptocurrencies. Bitcoin Cash shows signs of institutional interest due to its scaling simplicity and fast settlement times.

At press time, the price of Bitcoin Cash stands at $492, up 7% in the last 24 hours, making it the best performer among the top 20 cryptocurrencies by market cap.

BCH eyes $500 amid strong fundamentals and technicals

BCH has surpassed SUI to become the 12th-largest cryptocurrency by market cap and could soon overtake HYPE if the rally is sustained. The cryptocurrency’s price could soon surpass the $500 psychological level if the bulls remain in control.

With a historically bullish third quarter, analysts expect BCH to rally higher over the coming days and weeks.

The technical indicators are extremely bullish, and BCH could rally higher in the near term. The MCD is currently in the positive zone, indicating that the bulls are in control of the market. The relative strength index (RSI) of 68 also shows that BCH is currently overbought and could face further buying pressure.

If the bulls remain in control, BCH’s price could rally towards the next major resistance level around $615. BCH is down 88% from the all-time high price of $4,355 it reached seven years ago.

The post Bitcoin Cash price forecast: Will BCH rally above $500 soon appeared first on CoinJournal.

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bch cash week bitcoin coin 500 market

Источник: coinjournal.net

bch cash → Результатов: 126


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2020-11-14 10:29


SBI Holdings’ Virtual Currency Exchange Plays Na-Na-Na-Na Hey Hey-ey Goodbye to Bitcoin Cash (BCH)

Bitcoin Cash (BCH), one of the largest cryptocurrencies in the world, will be delisted from SBI Holdings Virtual Currency exchange following the 51% hack reported to have occurred on the chain. Earlier in the month, the BCH community planned a non-contentious hard fork on the chain hence a spit on the blockchain was avoided. However, […]

2019-5-29 18:02


Два майнера совершили атаку 51% на блокчейн Bitcoin Cash

В конце прошлой недели поступила информация, что два крупных майнинг-пула совершили так называемую атаку 51% на сеть криптовалюты Bitcoin Cash (BCH). Об атаке сообщил пользователь Твиттера Guy Swann.

2019-5-27 00:01


Анализ активности разработки Bitcoin Cash заставляет сомневаться в его жизнеспособности

Статистические данные об активности разработки Биткоина (BTC) и Bitcoin Cash (BCH) привели к ярым дебатам в различных соцсетях, пишет Bitcoinist. 15 июля одним из пользователей был опубликован твит, в котором приведена статистика разработки двух сетей: активные действия разработчиков биткоина и низкая, почти нулевая, у Bitcoin Cash.

2018-7-17 15:12


Фото:

Bitcoin Cash Development is a Ghost Town, GitHub Data Reveals

Bitcoin Cash continues to receive criticism of its network setup as bitPico’s “stress test” unearths what the group describes as possible “fake decentralization. ” Empty Blocks, No Activity Data harvested from GitHub repositories for both Bitcoin (BTC) and Bitcoin Cash (BCH) has caused the latest in a series of stark contrasts of network performance to surface on social media in recent weeks.

2018-7-17 03:00


Биткоин-биржа WEX перенесла срок вывода средств до 22 июля

Популярная среди многих русскоязычных пользователей криптовалютная биржа WEX объявила, что возможность вывода биткоина, Litecoin, Ethereum, Bitcoin Cash и Dash переносится на 22 июля. Администрация биржи объясняет это «продолжающимися техническими работами на серверах».

2018-7-16 19:16


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