Bitcoin Cash (BCH) is currently trading at $595.79, marking a modest 0.61% increase. Trading activity in the past 24 hours reached $299.45 million, though volume dipped 42.24% compared to previous sessions. Over the past week, BCH maintained stability, closing at $595.79, up 0.81%. Investors are watching closely as the cryptocurrency shows signs of regaining momentum.
Investors remain watchful as BCH shows early signs of momentum. Traders cite cautious optimism after months of consolidation. Short-term gains have been steady, and many analysts suggest this pattern may continue. Market watchers are keeping an eye on volume trends as a potential signal for upcoming price movements.
Strong Volume Supports BCH Bullish Move
Crypto analyst Jonathan Carter reports that Bitcoin Cash confirmed a weekly triangle breakout. BCH successfully surpassed the upper boundary of a symmetrical triangle on the weekly chart. This breakout is backed by strong volume, signaling renewed bullish sentiment in the market.
Carter outlined potential price targets following the breakout. BCH could reach $630 first, followed by $760, $965, and even $1,500 if the trend continues. Traders see this as a significant opportunity. Many are recalibrating their strategies to capitalize on BCH’s momentum while watching closely for any reversal patterns.
Bitcoin Cash Price Outlook 2025
Market predictions for BCH in 2025 vary slightly, but they point to potential growth. DigitalCoinPrice projects Bitcoin Cash may reach $1,310.88 by the end of next year. Before reaching that milestone, BCH could surpass previous highs of $4,355.62, according to investors and market experts.
Changelly predicts a more conservative range. Analysts estimate BCH could trade between $460.90 and $563.36, with an average price around $665.82. By August 2025, the price might hit $591.65 at its peak and drop to $581.93 at its lowest. Analysts suggest a potential ROI of up to 5.8%, making BCH an intriguing option for long-term traders.