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Will this legacy cryptocurrency become bullish once again? Let’s find out in this Bitcoin Cash price prediction.
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Bitcoin Cash is a cryptocurrency associated with Bitcoin, yet it hasn’t performed like the leader of all cryptocurrencies. Its price action has lagged while Bitcoin (BTC) and other cryptocurrencies have experienced significant pumps.
Since its launch back in 2017, the Bitcoin Cash (BCH) token has seen an all-time high of $3,785.82 followed by a 91% drop in price. At the time of writing, it is now trading at $330.2, which is around a 21% increase from its previous weekly low.
In this article, we’ll discuss the Bitcoin Cash price prediction by giving you its short and price forecasts, and explore whether this token can continue its bullish run.
What is Bitcoin Cash?
BCH was developed and introduced with the goal of restoring decentralization to cryptocurrencies. A BTC “hard fork,” which happens when an existing blockchain divides in two, is what caused it in 2017. In addition to lowering costs and transaction times, BCH permits more transactions in a single block than Bitcoin.
Similar to how BTC was first intended to be used, BCH is intended to be used as an inexpensive payment method. Compared to BCH, transaction fees are typically lower and confirmation times are shorter—usually within seconds.
Now let’s discuss BCH price prediction in this year and in the coming ones as well.
Bitcoin Cash price prediction
What can be a realistic projection for the BCH token? Let’s dive into the BCH price prediction for 2025 and 2030.
Bitcoin Cash coin price prediction: short-term outlook
According to CoinCodex’s Bitcoin Cash coin price prediction for the near future, the token is projected to rise by 7.65%, and reach $345.97 by Mar. 10, 2025.
As of Feb. 12, 2025, the overall sentiment of the BCH price outlook remains bearish, with 20 technical analysis indicators showing bearish signals, 8 indicating bearish trends, and 3 indicators showing neutral forecasts.
Bitcoin Cash price prediction 2025
For the remaining months of 2025, DigitalCoinPrice predicts that the BCH token’s price could fluctuate between $296.53 and $730.69, and may likely hold a yearly average of $698.19.
CoinCodex projects that the BCH token can trade in the price channel of $303.46 and $635.40 in 2025.
According to Changelly’s analysis of BCH’s recent price trends, the coin is projected to have a minimum price of $277.50 and a maximum price of $453.89 in 2025.
While the general sentiment in the financial markets is that 2025 will be the year of the bull, it is important to understand that this prediction also has a chance of being wrong. BTC has already breached the $100k mark and there is a possibility that it may be at the top of this bull cycle. Hence it is advised to do your research before investing in BCH or any other cryptocurrency with the hopes of gaining on your investment in 2025.
Bitcoin Cash price prediction 2030
As per CoinCodex’s Bitcoin Cash crypto price prediction for 2030, BCH’s price could vary between $66.14 and $102.01 .
DigitalCoinPrice expects that BCH’s price could climb to $1,577.71 or $1,827.15 by the end of 2030.
Changelly’s predicts that by 2030, the BCH token could range between $2221.67 and $3681.
Before trusting any source that is trying to predict Bitcoin Cash price prediction for 2030, you should understand that it is a cryptocurrency and like all other tokens, the BCH token’s price can be highly volatile.
This means that no one knows if this token can survive the next five years as there have been many instances where crypto tokens have lost their entire value while some are clear cases of rug pull. You should also note that crypto tokens experience higher volatility than other financial markets and this can cause big price fluctuations in its price.
FAQs
Is Bitcoin Cash a good investment?
Before investing in any cryptocurrency including BCH, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that the sentiment in the cryptocurrency market changes quickly, and a token that was once considered the future may also be delisted from major exchanges. Hence it is advisable to do your research on the token’s fundamentals before having any price expectations for the future of the BCH token.
Will Bitcoin Cash go up or down?
Cryptocurrencies in general experience rapid price swings that are directly driven by market sentiments, community engagement, events like token burns, and so on. While it is hard to determine how high the BCH token will go, it is important to look out for potential buying factors that may include new partnerships, increased token holders, or viral campaigns in general.
It is also vital that you rely on financial experts and consult them for Bitcoin Cash price prediction, but even after all that, you should remain cautious as no one can accurately predict how high or low BCH can go.
Should I invest in Bitcoin Cash?
Before investing in any cryptocurrency or trusting any Bitcoin Cash price forecast, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that cryptocurrencies in general are a highly speculative investment and their success not only relies on market volatility but also on the constant and sustainable growth of its community. Hence it is advisable to do your research on the token’s fundamentals which may very well decide the future of the BCH token.
This article first appeared at crypto.news
