Bitcoin Cash (BCH) has seen its share of ups and down in market performance. Notably, it has recorded some falls, with one seeing a decline of 2.2%, contributing to the 0.3% drop in the CoinDesk 20 Index. Predictions suggest potential downtrends where it may even go as low as $420. However, on a brighter note, BCH has seen surges up to almost 10% on certain days, hinting towards bullish tendencies. Uncertainty still looms around whether BCH can maintain these surges and defy bearish anticipations. The coin is said to be at a crucial junction with the potential for either a bigger drop or a bull run. A few highlights include BCH breaking key resistance and making gains of 1.9% to hit $518, and 3.1% to lead an index increase. There are also hopes of BCH rising to nearly $650, its highest level since April 2024. Grayscale sought SEC approval for Bitcoin Cash ETFs. BCH showed significant strength after a 12% weekly rally, raising hopes of a huge bull run to follow. There were also speculations of BCH gaining nearly 40% to become the 'best performing' Layer 1 of the year. Some predictions indicated potential breakout from its 7-year downtrend while others anticipated a slipping below the $600 mark. Notably, BCH led gainers as traders took profit on Zcash (ZEC). There's a growing concern about whether BCH could hold above $500 and establish itself amongst the major L1 assets. Despite some setbacks, BCH is mulling a recovery and the possibility of hitting the $650 mark.
BCH Coin News Analytics from Sun, 23 Jul 2017 16:43:23 GMT to Tue, 17 Feb 2026 21:34:40 GMT -
Rating 2
- Innovation 1
- Information 8
- Rumor 5