Bitcoin Cash Price Parabola Has Begun | Credit: Derek Fenech
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Key Takeaways
Bitcoin Cash (BCH) reached a new yearly high price today.
BCH broke out from a long-term symmetrical triangle.
Has Bitcoin Cash started the most parabolic portion of its rally?
Bitcoin Cash (BCH) just broke out of a six-year symmetrical triangle, signaling the start of a powerful rally.
Bulls have momentum on their side, and the price action suggests BCH could begin a parabolic rally soon.
The current Bitcoin Cash price is at a yearly high, so traders are wondering: Is now too late to buy Bitcoin Cash? Let’s find out.
BCH Price Analysis
The wave count gives an extremely bullish Bitcoin Cash price prediction for the rest of 2025.
Going back to the Dec. 20, 2017, all-time high, Bitcoin Cash’s price history shows a massive symmetrical triangle in which BCH has consolidated all this time.
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There were signs of a breakout at the start of July, but BCH confirmed the breakout last week with a decisive close above the trend line.
The breakout is an extremely bullish sign based on the wave count. The count shows that BCH has completed an A-B-C-D-E correction with a truncated wave E (red).
If this count is accurate, BCH started the next upward movement in April (green icon), and is still in its infancy. So, the upward trend has just barely started.
Momentum indicators confirm this. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) broke out from their resistance trend lines (black), suggesting that a new upward trend has started.
So, the long-term Bitcoin Cash price prediction is bullish, and the next BCH resistances are at $1,500 and $2,800, respectively.
Too Late to Buy Bitcoin Cash?
The long-term chart proposes a bullish outline for the future BCH trend, and the short-term one predicts an imminent explosion.
Bitcoin Cash is creating the first signs of a parabolic upward trend that fits perfectly with the long-term breakout.
In addition, the wave count has created a 1-2/1-2 wave count (green and black), which is the most parabolic wave structure.
Even BCH corrections resemble vertical accumulation, the most recent ending on July 24 and triggering a breakout.
The RSI is currently breaking out from 70, confirming that the Bitcoin Cash price has started the most parabolic portion of its rally.
The RSI has not crossed above this level since December 2024, confirming that the current circumstances for the Bitcoin Cash price have not developed in over a year.
If the Bitcoin Cash price movement transpires as predicted, BCH will quickly ascend to $937 before correcting slightly.
Bitcoin SV Tumbles
Bitcoin SV was created by Craig Wright as a hard fork from Bitcoin Cash to restore Satoshi Nakamoto’s original “vision.”
BCH has fared much better since the fork, increasing by 176% (purple) compared to a 71% decline by Bitcoin SV.
Bitcoin SV has a market cap of $594 million, ranking #159.
Comparatively, Bitcoin Cash has a nearly twentyfold higher market cap of $11.7 billion, ranking at #20, even though they both have the same circulating supply.
Most exchanges have delisted Bitcoin SV, which only exists on lesser-known exchanges with a few trading pairs.
So, it is safe to say that based on the price movement, Bitcoin Cash has won the hard fork battle.
Ready for Liftoff
The Bitcoin Cash price prediction for the rest of 2025 could not be more bullish.
Bitcoin Cash broke out from a six-year symmetrical triangle and has started a short-term parabola.
The Bitcoin Cash price could rally to $937 without any retracement.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
