Bitcoin News
By Maheen Hernandez
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BCH Maintains Critical Support Levels Despite Market Pressure. While prices have softened, Bitcoin Cash continues to hold above notable support areas that…
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Analyst Jonathan Carter Identifies a Bullish Breakout Structure. Crypto analyst Jonathan Carter has drawn attention to a notable technical formation on the BCH…
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Market Data Highlights Strength in Consolidation. One reason analysts remain optimistic is BCH’s ability to withstand the broader volatility…
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Long-Term Forecasts for BCH Show Wide Divergence. Price outlooks for Bitcoin Cash in 2025 reveal a significant variance, reflecting differing…
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Can BCH Reach $1,500? Key Factors to Watch. Whether Bitcoin Cash can advance toward the $1,500 level depends on multiple variables.
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Bitcoin Cash (BCH) has been navigating a period of market pressure, yet analysts believe the asset may be preparing for a significant upward push.
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At the time of writing, BCH is priced at $496.62, down 3.62% in the last 24 hours. Even with the price retracement, daily trading volume rose 10.29% to $514.
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While prices have softened, Bitcoin Cash continues to hold above notable support areas that traders view as essential for maintaining bullish structure.
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Analysts observing BCH price behavior note that sellers have not managed to gain full control, as the asset keeps defending its lower boundaries.
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Crypto analyst Jonathan Carter has drawn attention to a notable technical formation on the BCH chart: a symmetrical triangle breakout followed by a weekly retest.
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According to Carter, Bitcoin Cash is currently holding above two key indicators:
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The former triangle resistance, which has now turned into support
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The weekly 50-day moving average, a strong reference point for medium-term momentum
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He describes these conditions as a “classic continuation setup,” one that typically precedes the next wave of upward movement if buying activity returns.
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Carter’s projected price targets for BCH include:
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