Bitcoin Cash (BCH) is showing renewed strength, gaining over 7% in the past week and outperforming Bitcoin (BTC), which has seen more modest growth.
Despite global jitters triggered by Middle East tensions, the crypto market has managed a slight 0.2% rebound in the past 24 hours, pushing total market cap to $3.46 trillion.
BTC is up 1.2% to $106,659, now just a few percent away from its all-time high of $111,814 set in late May—fueling hopes of a major breakout this summer.
And with expectations high for Bitcoin’s continued rise, Bitcoin Cash price predictions are also turning bullish as the forked token flashes strong upward momentum.
Bitcoin Cash Technical Analysis – BCH is Heading to $700
Since early April, Bitcoin Cash has been in a steady uptrend, rallying from a low of $251.54 on April 7 to around $452.35 today—an 80% gain in just over two months.
This momentum is building within a clear falling wedge breakout, a pattern that often signals a strong reversal. If bullish sentiment continues, BCH could soon challenge resistance near $500, with a potential breakout target of $700 in play.
While the all-time high of $3,785.82 from 2017 remains a distant memory, current market dynamics—including Bitcoin’s strength and broader altcoin interest—could fuel a significant recovery for BCH in 2025.
Of course, macro uncertainty and resistance at $600 may act as hurdles in the short term.
But with strong support forming at the $420 level, Bitcoin Cash appears well-positioned for further gains this summer.
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The post Bitcoin Cash Price Prediction: 7% Pump Raises Big Question – BCH Ready to Outshine Bitcoin in 2025? appeared first on Cryptonews.
