The post Bitcoin Cash Price Prediction 2023, 2024, 2025: Is Bitcoin Cash The Best Investment for 2024? appeared first on Coinpedia Fintech News
Story Highlights
- BCH crypto price may reach a potential high of around $435 by the end of 2023.
- Bitcoin Cash price with a potential surge may reach up to $2,090 by the end of 2030.
- This is testing shortcode 243.4618.
With a silent Uptober season for Bitcoin Cash, the altcoin struggles to find momentum in the recovering crypto market. Gradually gaining momentum despite a sideways trend, Bitcoin Cash prepares for a new breakout rally in 2023.
Moreover, with high chances of skyrocketing as the news of Bitcoin Spot ETF floods the market, BCH price may soon cross the $300 mark. With a year-to-date growth of around 150%, the altcoin beats the biggest crypto, Bitcoin, in terms of performance in 2023.
Additionally, BCH price prediction hints at a moonshot rally with the Halving event in 2024 and the highly anticipated altseason seemingly around the corner.
“Will Bitcoin Cash go up further?” Is this the question playing on your mind? Or perhaps you’re pondering, “Bitcoin Cash, is it a good investment?”
We bring you our Bitcoin Cash price prediction for 2023-2030 to answer these questions. Our BCH price prediction for 2023-2030 covers technical analysis, on-chain analysis, and significant upgrades and partnerships that can prove bullish for Bitcoin cash.
So join us as we decode the possible BCH price prediction for future years.
Table of contents
Overview
Cryptocurrency | Bitcoin Cash |
Token | BCH |
Price | $ 243.46179223 -2.50% |
Market Cap | $ 4,760,470,810.5354 |
Trading Volume | $ 208,227,196.8287 |
Circulating Supply | 19,553,256.2500 |
All-time High | $4,355.62 Dec 20, 2017 |
All-time Low | $75.08 Dec 15, 2018 |
24 High | $ 251.0000 |
24 Low | $ 237.2000 |
What’s New With Bitcoin Cash (BCH)?
- Bitcoin Cash is a P2P electronic money that aims to become sound global money.
- It is a fork of Bitcoin and provides fast payments, micro fees, privacy, and a larger block size.
- The recent surge raises the possibility of BCH’s price reaching $435 by the end of 2023.
- The Simple Ledger Protocol (SLP) helps create new types of coins in the BCH system.
- The fourth Bitcoin halving is expected to occur in April 2024, which could lead to an increase in the price of Bitcoin Cash.
- More importantly, the SEC deciding the faith of Bitcoin ETF in October will be the crucial catalyst for further recovery.
BCH Coin Price Prediction November 2023
The BCH coin price displays a bullish failure to exceed the $250 supply zone, leading to a failed inverted head and shoulder pattern. Nevertheless, the buyers absorb the overhead supply with the help of the dynamic support of the 50-day EMA.
THe ongoing correction phase forms a falling channel pattern and hints at a bounce back from the 50-day EMA. Moreover, the coin price sustains a sideways trend above the $225 demand zone, reflecting a strong underlying demand.
Moreover, the BCH price action hints at a cup and handle pattern with the overhead resistance as the $250 supply zone. Currently, the Bitcoin Cash price trades at $242.90 with multiple Doji candles near the average line, teasing a bullish comeback.
Considering the buyers regain momentum to cross the $250 mark, the uptrend will reach the $300 mark by the end of November 2023.
On the flip side, if the BCH price drops under the $225 mark, it may soon test the psychological mark of $200.
Bitcoin Cash Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
November 2023 | $200 | $250 | $300 |
Bitcoin Cash Price Prediction 2023
Bitcoin Cash (BCH) has recently shown a promising rise, hitting the $250 milestone with an impressive 10% growth in just 48 hours. However, the cryptocurrency is currently experiencing a minor setback, pulling back to $243.41. Despite this, the bullish outlook for BCH in 2023 remains strong.
In the midst of a market-wide recovery, BCH has remained notable with the sharp rise that has fueled many other altcoins. The cryptocurrency is hovering near its 50-day EMA, gracefully absorbing selling pressure at the $228 level.
Furthermore, a recent surge in Asian markets during late-night trading suggests that BCH could be entering the initial stages of a bull run.
Bitcoin Cash (BCH) is showing promising signs of a bullish resurgence, as evidenced by a bullish engulfing candlestick pattern forming at its 50-day EMA.
Contrary to a potential bearish downturn, BCH seems poised to regain upward momentum. With a strong likelihood of breaking through the $228 resistance level, BCH has its sights set on reaching the $300 milestone.
Meanwhile, in the technical charts, the altcoin price exceeds the crucial 50 and 200-day EMAs. Overcoming the $228 resistance, which aligns with the 38.20% Fibonacci level, may set BCH’s trajectory towards a $300 target.
Nevertheless, the overall uptrend with an improvement in investors’ sentiment can drive the Bitcoin Cash (BCH) coin price to $435.51 by the end of 2023.
However, on the flip side, the Bitcoin Cash price might bottom out at $150.
Bitcoin Cash Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 150 | 292 | 435.51 |
BCH Coin Price Prediction 2024
2024 seems highly bullish for Bitcoin Cash (BCH), with the 4th Bitcoin halving, a potential altcoin season, and the potential Bitcoin ETF release.
Therefore, with a bull run in 2024, Bitcoin Cash prices are expected to create a new swing high of $507. With an average of $468, the BCH prices could settle at $429 by the end of 2024 due to exhaustion.
Bitcoin Cash Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
Bitcoin Cash Price Prediction 2024 | 429 | 468 | 507 |
BCH Price Prediction 2025
The year 2025 could signal growth for BCH, with prices potentially oscillating between a low of $592 and a high of $711 The average price during this period could stand at $651.
BCH Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
BCH Price Prediction 2025 | $592 | $651 | $711 |
Bitcoin Cash (BCH) Price Prediction 2026 – 2030
Bitcoin Cash Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
BCH Price in 2026 | $765.52 | $800.76 | $836.00 |
BCH Price in 2027 | $801.00 | $995.00 | $995.00 |
BCH Price in 2028 | $934.73 | $1,088.87 | $1,243.00 |
BCH Price in 2029 | $1,372.00 | $1,465.00 | $1,558.00 |
BCH Price in 2030 | $1,748.00 | $1,919.00 | $2,090.00 |
Bitcoin Cash Price Prediction 2026:
For the year 2026, Bitcoin Cash Price Prediction forecasts a low price of $765.52, an average price of $800.76, and a high of $836.00.
BCH Price Prediction 2027:
In 2027, Bitcoin Cash Price Prediction projects a low price of $801.00, an average price of $898.00, and a high of $995.00.
Bitcoin Cash Price Prediction 2028:
As per Bitcoin Cash Price Prediction 2028, BCH may see a potential low price of $934.73. Meanwhile, the average price is predicted to be around $1,088.87. The potential high for BCH price in 2028 is estimated to reach $1,243.00.
BCH Price Prediction 2029:
Looking ahead to the Bitcoin Cash Price prediction 2029, Bitcoin Cash is expected to have a low price of $1,372.00. With an average price of $1,465.00, the BCH price will make a high of $1,558.00.
BCH Price Prediction 2030:
Finally, by 2030, Bitcoin Cash Price Prediction anticipates a low price of $1,748.00, an average price of $1,919.00, and a high of $2,090.00.
BCH Bitcoin Cash Price Prediction 2023 – 2030
Market Analysis
Firm Name | 2023 | 2024 | 2025 |
Long Forecast | $314 | $231 | $148 |
DigitalCoinPrice | $536 | $632 | $879 |
Trading Beasts | $366 | $222 | – |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Bitcoin Cash Price Prediction
Coinpedia’s analysis suggests that Bitcoin Cash could potentially emerge as a more affordable and accessible version of Bitcoin for the average person.
Bitcoin Cash is a fork of Bitcoin that aims to become sound global money. It has a larger block size, is more affordable, and is popular for shopping. The price of Bitcoin Cash could reach $500 by 2024 due to factors such as the fourth Bitcoin halving, a potential altcoin season, and the SEC’s decision on a Bitcoin ETF.
The SEC’s decision on a Bitcoin ETF could also have an impact on the price of Bitcoin Cash. If the SEC approves a Bitcoin ETF, it could lead to an influx of institutional investors into the cryptocurrency market. This could drive up the prices of all cryptocurrencies, including Bitcoin Cash.
If the network gains some hype in the coming months. The BCH price can reach $435.51 in 2023. On the flip side, BCH price price can drop to $150 by the end of 2023.
We expect the BCH price to create a new 2023 high of $435.51 by 2023.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 150 | 292 | 435.51 |
AI Predicts Bitcoin Cash (BCH) Price
Portfolio Pilot, an AI-powered platform that predicts asset prices, has predicted that the price of BCH will reach $460 by the end of June 2024. This is based on a number of factors, including the current market conditions, the performance of BCH in the past, and the platform’s own algorithms.
Historical Price Sentiments 2017 – 2021
FAQs
Bitcoin Cash is a hard fork of Bitcoin, that aims at a decentralized peer-to-peer electronic cash system. Without relying on any central governing authority.
Bitcoin Cash is an underrated investment with a high chance of performing in 2024.
Bitcoin Cash focuses on resolving two of the major limitations of Bitcoin, which are scalability and transaction fees.
The price of BCH could surge to its potential high of $359 by the end of 2023.
According to our Bitcoin Cash price prediction, BCH’s price could hit the maximum trade value of $711 by the end of 2025.
At the time of publishing, the price of 1 BCH was $246.09.
Assuming the best case is that you invested in Bitcoin Cash at $102, your investment would have increased by 143%. In short, your investment would be worth $243.
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#CryptocurrencyPricePrediction [Source: Coinpedia]