Cryptocurrencies have taken a walloping in 2022, but this Bitcoin Cash price prediction reveals a reason to remain bullish on long-term growth. The BCH price action has lately had many investors jittery as the likelihood of an early Bitcoin Cash price prediction in 2025 remained in limbo.
Table of Contents
- Bitcoin Cash Price Prediction | Introduction
- Bitcoin Cash Price Prediction: Technical Analysis
- Bitcoin Cash Price Prediction: Technical Conclusion
- Bitcoin Cash Price Prediction: Market Opinions
- Bitcoin Cash Price Forecast for March-April
- Bitcoin Cash Price Forecast for the Rest of the Year
- Bitcoin Cash Price Forecast for the Next Year
- Cryptocurrency Experts and Influencers
- Latest News and Happenings Concerning Bitcoin Cash
- Bitcoin Cash Price Prediction: Verdict
Bitcoin Cash has gone round trip lately, bouncing from modest losses to significant gains before slipping back into a bearish BCH price prediction. You’re never too late to join the price prediction party: here’s a complete outlook on Bitcoin Cash.
Bitcoin Cash Price Prediction | Introduction
At the time of making this Bitcoin Cash price prediction, BCH was trading at $292.32, according to data by CoinMarketCap. The market cap of BCH at this price was at over $5.5 billion, fully diluted to around $6.1 billion.
Bitcoin cash is the product of a hard fork from the Bitcoin network, a result of disagreements within the community over technological changes. BCH owners consider the coin as the true Bitcoin, following through with the original vision of creating a peer-to-peer electronic payment system.
So far, Bitcoin cash price prediction 2025 has largely leaned on BCH’s ability to craft an image as a convenient digital payment system rather than a long-term investment vehicle. From a fundamental standpoint, there is reason to be bullish on BCH price prediction 2022.
Bitcoin Cash Price Prediction: Technical Analysis
On a technical level, several good things are coming out of the recent price movement on BCH charts. To continue on this, here is a summary of recent BCH price movements to add context to our BCH price prediction:
|Month||Open Price||Closing Price||Month High|
BCH price appears to be setting its sights on $642.95 while it searches for a launchpad along the historical support zone. Bitcoin Cash has been struggling to move beyond a crucial support level even as Bitcoin consolidates.
The recent uptrend faced rejection and is currently heading lower to look for a stable support level and trigger a reliable rally. BCH’s price rallied 22% in an attempt to move past the $315.37 psychological level.
However, the bullish momentum was not enough to guarantee a strong conversion of the resistance barrier, leading to a retracement. The pullback continued until BCH had to fall back to the stable support zone, which is the make or breaks point for BCH price prediction.
Fortunately, Bitcoin Cash settle for the seven-day demand zone, extending $203.99 to $315.37, is in the vicinity, and BCH price is likely to find fertile ground for a solid advance. A bounce off this area will be the last ingredient for a bitcoin cash price prediction past $459.90.
In total, this uptrend will constitute a 19% ascent for BCH and is likely where Bitcoin Cash will set a local top. A move beyond this level would require a massive surge in buying pressure or a retracement that allows Bitcoin Cash bulls to recuperate their momentum.
Bitcoin Cash Price Prediction: Technical Conclusion
If BCH price fails to bounce off the $203.99 to $315.17, it will indicate a weakness among buyers. A breakdown of this nature will reveal that the sellers remain in control of BCH and make a case for a bearish BCH price prediction.
However, if BCH produces a daily candlestick close above $203.99, it will invalidate the bearish Bitcoin Cash price prediction 2025 and hand over the reins to bulls. Such a move will set the stage for a further move north.
Bitcoin Cash Price Prediction: Market Opinions
Our BCH price prediction can be best understood by looking at the opinion of market participants. At this point, let’s consider the Bitcoin Cash price prediction narrative offered by other investors, market influencers, and forecasting systems.
Bitcoin Cash Price Forecast for March-April
TradingBeasts is bullish on BCH but suggests any advance in the coming month could be thwarted at the $300 price level. According to this Bitcoin Cash price forecast for March – April, BCH could consolidate around $290 with the occasional retest of the support level expected.
Long Forecast upholds the bullish theme with a Bitcoin Cash price forecast for March – April that eyes $340 and $294, respectively. While the forecast suggests the bullish journey could come to a halt on short-sighted sellers cashing in, a continuation is still plausible for the rest of the year.
Bitcoin Cash Price Forecast for the Rest of the Year
WalletInvestor paints a bullish picture that hypothesizes a return to $408.68 and no signs of slowing down according to the Bitcoin Cash price prediction 2025. Therefore, investors need to keep a close eye on the reaction off the support level for a bullish Bitcoin Cash price forecast for the rest of the year.
DigitalCoin highlights $350.31 and $374.05 price levels as the building blocks for a bullish Bitcoin Cash price forecast for the rest of the year. The emergence of a directional bias could be a missing piece that could clear the way for a steady uptrend with the destination at $400.
Bitcoin Cash Price Forecast for the Next Year
PricePrediction suggests BCH could withstand the pressure from bearish players to build a steady uptrend to secure a bullish Bitcoin Cash price forecast for the next year. With the Bitcoin Cash price prediction finding supporting around $363.41 and $374.79, a retest of $441.27 might be the next stop.
Gov.Capital determines BCH bulls are rethinking their allegiance to the support level as they build up muscle for an assault of the overhead barrier. This foothold is crucial in the successful execution of a move that will see BCH test $365.94 in this Bitcoin Cash price forecast for the next year.
Cryptocurrency Experts and Influencers
Dan the Crypto Man is pushing a BCH price prediction that’s leaning so much on the success of Bitcoin to exert its market dominance effect on BCH, thereby sending the coin for $3k. With the bullish season yet to come, one cannot help but consider the possibility of this coming true.
CurPayAVP Bitcoin Cash price prediction eyes a buy signal at $290.27, eyeing how BCH could respond to the resistance barrier at this level to determine the next course of action. This forecast predicts a bear run as the self-off continues into the demand zone.
Latest News and Happenings Concerning Bitcoin Cash
Bitcoin Cash has so far been left out of the profit streak its elder brother Bitcoin has managed to book under its list of records. Some see this as the coin remaining true to its principles as a payment system rather than an investment vehicle.
With all the hype around another Bitcoin rally sometime in 2022, investors are looking at a BCH as a safe vehicle to ride the exploits of BTC from a safe distance away. In the meantime, BCH appears to have long lost its glory as part of the top 10 largest cryptocurrency networks in the world.
Related articles: Chainlink Price Prediction | Ethereum Classic Price Prediction
Bitcoin Cash Price Prediction: Verdict
BCH is an A-grade cryptocurrency investment and ranks among the strongest value cryptos on the market right now. It isn’t the most exciting cryptocurrency, but this Bitcoin Cash price prediction proves the coin might still be a good buy.
Note: This post was originally published on 6 July 2021 and has been totally updated for the completeness and veracity of the content on 14 March 2022.
The post Bitcoin Cash Price Prediction 2022: Market Analysis and Opinions appeared first on Coindoo.
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