Bitcoin Cash (BCH) has been under heavy pressure for most of the year. Since 2025 began, the cryptocurrency has lost nearly 35% of its value.
However, as soon as U.S. President Donald Trump announced a 90-day pause on his reciprocal tariffs, Bitcoin Cash’s price posted a 10% gain, closing in on $300.
This price increase aligns with the broader market recovery, which has been on a stretcher for weeks. BCH might still face key resistance levels that could hinder the breakout despite the recovery.
While Bitcoin Cash’s price did not fall below $300, the In/Out of Money Around Price (IOMAP) shows that the altcoin could face resistance ahead.
Instead of analyzing all holders, the IOMAP narrows it down to wallets that acquired the token near the current price level — typically within a 15% price band. It gives a clearer snapshot of short-term sentiment and potential support and resistance zones.
If many addresses are “in the money,” it could support them. However, if many are “out of the money,” it might act as resistance as holders might break even once the price hits the average on-chain cost basis.
According to IntoTheBlock, the major resistance for BCH is around $322. Nearly 270,000 addresses are holding over 1 million BCH at a loss.
Therefore, if Bitcoin Cash’s price closes in on this supply wall, it could experience a pushback that could erase all of its recent gains.
Further assessment of the cryptocurrency’s on-chain condition shows a notable rise in the Mean Dollar Invested Age (MDIA). The MDAI measures the average age of all coins (or tokens) in circulation, weighted by the average purchase price.
When the MDIA climbs, most coins remain untouched. This lack of trading activity indicates that the price is more likely to stagnate.
A decrease, on the other hand, suggests that dollar-weighted holdings are shifting, which is typically bullish. However, since the opposite is the case for BCH, the price may struggle to sustain an extended rally.
From a technical point of view, Bitcoin Cash’s price is yet to break out of a descending triangle. As seen below, BCH is flirting with the triangle’s upper trendline.
However, the Chaikin Money Flow (CMF) is still below the zero line, indicating that selling pressure is still much higher than the accumulation level.
Should this trend remain the same, BCH’s price might drop to $249.90. On the flip side, this trend might change if the CMF reading rises above the zero signal line.
In that scenario, Bitcoin Cash’s price might climb to $333.46. Should the broader market condition continue to improve, the cryptocurrency’s value might rally to $400.