Bitcoin Cash Price Prediction 2025: BCH Could Break $1,000 Next

Key Takeaways

• Bitcoin Cash was founded as a spin-off from Bitcoin in 2017.
• The BCH coin was able to capitalize on excitement about Bitcoin ETFs.
• It has consolidated its position in the top 20 cryptos in recent months.
• One BCH price prediction says it could break past $1,000 in 2025.

Originating as a spin-off from Bitcoin (BTC), Bitcoin Cash has performed rather well, albeit in a way that has seen it largely avoid the limelight since it was first traded in 2017.

The coin won the approval of the United States Securities and Exchange Commission—or has, at least, avoided being dubbed an unregistered security—which has put it in good stead at a time when the SEC has been on the warpath. When it was listed  by the Wall Street-approved EDX exchange on June 20, its price shot up. 

Although there was a downturn, growing interest in Bitcoin exchange-traded funds (ETFs) saw it rebound.

In April, the Bitcoin Cash price decreased after the platform’s own halving  event, which took place on April 4, 2024.

However, the autumn saw Bitcoin reach new heights, and BCH responded well, breaking past $500 for the first time in more than five months to trade at around $521.20 on Nov. 21, 2024.

But what is Bitcoin Cash (BCH)? How does Bitcoin Cash work? Let’s see what we can find out and also look at some of the Bitcoin Cash price predictions made on Nov. 21, 2024.

Bitcoin Cash Price Prediction

Let’s examine the BCH price predictions from CCN on Nov. 21. We will use the wave count method to develop our predictions for 2025, 2026, and 2030.

We will add and remove 20% from the final targets to arrive at our minimum and maximum BCH price predictions.

The most likely wave count suggests that BCH started a five-wave increase in Nov. 2022, which ended with a high of $719 in April.

The price has fallen since in what is likely an A-B-C corrective structure (black). Since the correction is complete, BCH may have increased on wave five. 

If this has the same length and duration as the previous one, the BCH price will reach a high of $922 in December 2025.

Then, the price can begin a downward movement similar to the one after the all-time high. 

During these projected upward and downward movements, the wave count gives targets of $910 and $430 for the end of 2025 and 2026, respectively.

We will use the rate of increase for the past two years to then predict the end of 2030.

Since November 2020, the BCH price has increased by 80%, for a daily rate of increase of 0.135%. Projecting this increase until the end of 2025 and 2030 gives targets of $272 and $1,080, respectively.

BCH Price Prediction for 2025

The wave count method predicts a BCH price range of $720 to $1,100 by the end of 2025.

BCH Price Prediction for 2026

The wave count method predicts a BCH price range of $340 to $520 by the end of 2026.

BCH Price Prediction for 2030

Using the daily rate of increase for the past two years, we arrive at a BCH price prediction range of $870 to $1,290 for the end of 2030.

BCH Price Analysis

The daily time frame chart shows that BCH broke out from a descending resistance trend line on Nov. 9, accelerating the upward movement. Before the breakout, the trend line had existed for 210 days. Currently, the BCH price trades inside the confluence of resistance at $495-$515. This area is created by horizontal resistance and the 0.5 Fibonacci retracement level. If the price breaks out, it can gradually increase toward its yearly high of $719.

The daily RSI and MACD both predict a breakout since they are increasing and above their bullish thresholds.

Short-Term BCH Price Prediction

The BCH price prediction for the next 24 hours depends on if the price closes above $500 or gets rejected. 

A positive close would cost $700, while a rejection can trigger a retracement to $450.

Bitcoin Cash Average True Range (ATR): BCH Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.

A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.

Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels. On Nov. 21, 2024, Bitcoin Cash’s ATR was 69.7, suggesting comparatively high volatility.

Bitcoin Cash Relative Strength Index (RSI): Is BCH Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.

On Nov. 21, 2024, BCH’s RSI was 65, indicating bullish but not overbought conditions.

CCN Strength Index

The CCN Strength Index combines an array of advanced market signals to quantify the strength of individual cryptocurrencies over a recent 30-day period.

Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.

• 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
• 25 to 35: The price tends to move within stable bounds with minimal volatility.
• 36 to 49: Assets begin a stable uptrend but without strong surges.
• 50 to 59: Consistent growth with moderate price advances, building momentum.
• 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.

The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.

However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.

On Nov. 21, 2024, Bitcoin Cash scored 53 on the CCN Index, suggesting strong momentum.

Bitcoin Cash Price Performance Comparisons

Bitcoin Cash Advantages and Disadvantages

CCN’s Senior Research Analyst, Toghrul Aliyev, investigated Bitcoin Cash deeply and found its advantages and disadvantages.

Advantages of Bitcoin Cash

• Better On-chain Scalability : Bitcoin Cash’s 32MB block size allows it to process transactions 32 times faster than Bitcoin. This makes Bitcoin Cash ideal for everyday use as “cash.” Users can make quick purchases, like buying a cup of coffee, without waiting for transaction confirmation.

• Lower Transaction Fees: Bitcoin Cash offers lower transaction fees, averaging about $0.02 per transaction.
• Wide adoption : More than 3,450 merchants accept Bitcoin Cash, which shows strong and growing adoption worldwide.

Disadvantages of Bitcoin Cash

• Low utilization: Bitcoin Cash has 15-20 times fewer active addresses and transactions than Bitcoin. As a result, its blocks rarely exceed 1MB in size despite the 32MB capacity.

• Concentrated Wealth Distribution: With Bitcoin Cash , 1,561 addresses hold 60.39% of the total supply, while with Bitcoin , 15,876 addresses hold 59.96%. A higher concentration of wealth in fewer addresses increases the risk of market manipulation and reduces decentralization.
• Mining Difficulty Risk: The Emergency Difficulty Adjustment (EDA) in Bitcoin Cash (BCH) adjusts the mining difficulty more frequently than Bitcoin to maintain stable block generation during changes in mining power. Miners can manipulate the EDA by temporarily moving their mining power away from Bitcoin Cash. When the network detects reduced mining activity, it lowers the difficulty. Miners then return to the BCH network, benefiting from the reduced difficulty of mining blocks more easily and profitably. 
• Inconsistent Block Times: Manipulation of the EDA results in erratic block time. When miners leave the network, block generation slows down until the difficulty adjusts downward, which can cause congestion in the network. On the other hand, after miners return, blocks are mined rapidly at the lower difficulty until the difficulty readjusts.
• Decentralization Issues: If difficulty drops too low after EDA manipulation, attackers can launch a 51% attack, compromising the network’s security.

Best Days and Months to Buy Bitcoin Cash

We examined Bitcoin Cash’s price history and found the lowest points on certain days, months, quarters, and even weeks in the year, suggesting the best times to buy BCH.

Bitcoin Cash Price History

Let’s take a look at some of the key dates in the Bitcoin Cash price history . While past performance should never be taken as an indicator of future results, knowing something about the coin’s history can help when making a Bitcoin Cash price prediction.

Bitcoin Cash Market Cap

The market capitalization, or market cap, is the sum of the total number of BCH in circulation multiplied by its price.

On Nov. 21, 2024, Bitcoin Cash’s market cap was about $10.4 billion, making it the 14th-largest crypto by that metric.

Who Owns the Most Bitcoin Cash (BCH)?

On Nov. 21, 2024, one wallet held more than 4% of the supply of Bitcoin Cash.

Richest BCH Wallet Addresses

On Nov. 21, 2024, the five wallets with the most Bitcoin Cash  were:

• qrmfkegyf83zh5kauzwgygf82sdahd5a55x9wse7ve. This wallet held 893,949 BCH or 4.26% of the supply.
• qre24q38ghy6k3pegpyvtxahu8q8hqmxmqqn28z85p. This wallet held 288,019 BCH or 1.37% of the supply.
• qrwcmu77ltr3dn0hymy58gvcg3qys4hp2qn4e0z839. This wallet held 183,867 BCH or 0.88% of the supply.
• qqwj7gnylkerx7cgsvma03f0e7t3k24g8gvvyyk82r. This wallet held 166,995 BCH, or 0.8% of the supply.
• qpz8ucuucyuf8slyntzvktyaczs20f9edqr7mwzsl9. This wallet held 163,250 BCH, or 0.78% of the supply.

Bitcoin Cash Supply and Distribution Fact Box

From the Bitcoin Cash Whitepaper

Bitcoin Cash is a spin-off from Bitcoin. Surprisingly, it does not have its own whitepaper or technical documentation. 

However, it is worth noting what the original Bitcoin whitepaper , published in 2008, says. The documentation states: “What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.”

“Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers.”

What Is Bitcoin Cash?

Although many people consider Bitcoin and crypto interchangeable, that does not mean BTC has always given its backers what they want. In 2017, the blockchain’s developers were split. Some thought the best thing about Bitcoin was the technical aspects of blockchain technology. Others thought the coin’s value was derived from its use as a payment method.

This led to a hard fork, a process that created a new blockchain version. 

One of the forks kept the Bitcoin name, while the other became Bitcoin Cash. Bitcoin Cash was designed to be quicker, cheaper, and able to compete with electronic payment giants like PayPal. 

The blockchain needed its own crypto, and BCH was formed. This coin rewards the system’s miners and can also be bought, sold, and traded on exchanges.

How Bitcoin Cash Works

Bitcoin Cash, which shares a large chunk of code and history with Bitcoin, operates in much the same way as its parent chain. People who want to verify transactions and add blocks to the blockchain solve increasingly complex mathematical equations. In other words, the blockchain has a Proof-of-Work (PoW) consensus mechanism. 

What makes Bitcoin Cash a bit different from Bitcoin itself is its large block size. This, its developers argue, makes it much quicker to work with than the original blockchain. 

Is Bitcoin Cash a Good Investment?

It is hard to say. BCH has so far avoided the harsh regulatory environment that recently hit the crypto market. On the other hand, we don’t know whether it can build on last year’s positive price performance.

Either way, it is vital that you do your own research before spending your money on BCH.

Will Bitcoin Cash go up or down?

No one really knows for sure right now. Although the BCH price predictions are generally positive, price predictions very often end up being wide of the market. You should also remember that prices can and do go down and up. 

Should I invest in Bitcoin Cash?

Before you decide whether or not to invest in Bitcoin Cash, you will have to do your own research, not only on BCH but also on similar cryptos, such as Bitcoin itself and Bitcoin SV (BSV). Ultimately, though, you will have to make this decision yourself. If you decide to put your money into BCH, remember that you must never invest more than you can afford to lose. 

Technical analysis by Valdrin Tahiri.

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Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability, and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movement. Any investor, trader, or regular crypto user should research multiple viewpoints and be familiar with all local regulations before committing to an investment.