Bitcoin Cash Price Prediction: 2024, 2025, 2030 (2024)

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

BCH price prediction: Key highlights

1. Primary support and resistance levels

• Within the weekly timeframe, a support level of $114 was identified as the lowest point.
• Conversely, a resistance level around$970 might stand out as the highest resistance mark.

2. Market sentiment

• In April 2024, BCH remains in abullishmarket while undergoingcorrection.

3. Predictive forecasts

• Based on forecasts from our AI/ML models, BCH is projected to trade at an average price of over$4,000 in 2026 and nearly$70,000 in 2030.

Gain deep insights onBCHvia a comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

BCH technical analysis: Did the halving favor the price?

April marks a milestone month for crypto with major events lined up. While the anticipation of the upcomingBitcoin (BTC)halving continues to garner hype among the community, the recent BCH halving has also put this asset on the broader crypto community’s radar. The impact of this event has significantly influencedBitcoin Cash (BCH) price prediction for 2024 and beyond.

An analysis of BCH’s performance over the past year revealed that the initial period was characterized by abearish trend. This saw the cryptocurrency's value plunge over the initial month, reaching a low support level of$114 by the end of April.

This level was breached briefly in early June. Nonetheless, thebulls managed to reclaim it by mid-month with a notable pump. Following this, the price even breached the resistance at$265.

This momentum wasn’t sustained as BCH underwent a correctivepullback. Thus, a consolidation phase began in July, which saw the asset trading between$265and$221.A bearish breakdown pushed the price below the latter support between mid-August and mid-September. However, the buyers regrouped and managed to stay afoot on$221 by the end of September.

For months, this support proved resilient to halt any declines. Finally, in February, BCH broke out and claimed$265. By the end of the month, a significant surge allowed it to fly past$400and test the critical$500mark.

After a slight retraction that was halted at $400, the price resumed the uptrend. Another pump towards the end of March allowed BCH to mark a new high resistance at$692. The secondhalving in early April pushed BCH to highs over$700, which had not been touched since 2021.

However,bearish pressurehit the asset hard as it faced a downturn the week following the halving event. The price faced rejection at the peak chart resistance as the market displayedoverextended conditions.

Consequently, BCH fell below $500 close to mid-month. As the period under review came to a close, it traded at$484.This represented a loss of over20% over the last week, as perCoinMarketCap.

Coinglassdata revealed that theOpen Interest (OI) has also taken a hit. This behavior contradicted what was observed in the 2020 halving. Many experts are looking at this trajectory as a reflection of what could happen withBTC, whose halving is close.

Moving forward, increasedselling pressure can put the resilience of$400 to the test. If the bulls are able to defend it, it can provide a cushion for another rally. Moreover, with the BTC halving, the price might experience a positive momentum that can see BCH reclaim its position above$500.

In that case, the bulls' next target would be to overcome$692 and effectively enter the$700range. Given a sustained bull run, the price can go as high as$1,000within this year. Yet,$970can pose significant resistance to this uptick.

Nevertheless, if the price falls below the current support, the market can likely succumb to adowntrend. This could push the asset close to$300. Meanwhile, the mostbearish scenario can even see it fall as low as$265.

Future forecasts from our advanced prediction models indicate a substantial growth trajectory. These projections estimate that the average BCH price could escalate to$4,000 by 2026. This entails reclaiming theall-time high (ATH) within the next two years. Looking ahead, these models offer an even more optimistic outlook for the cryptocurrency, envisioning a remarkable surge in value to reach $70,000 in 2030.

BCH's 2024 roadmap: Key indicators to watch and trade

• The trading volume was lowat the start but increased substantially as the price rose in June. During the stagnant price movement that followed, thevolume dropped.
• An increase in volume was noted starting in late February, although not as substantial as in June. This suggested a cautious interest from traders during the latest bullish trend.
• Initially, the Bollinger Bands contracted, with the price falling below the 20-week moving average (MA) towards the end of April. By mid-June, the price had climbed above the MA and even slightly exceeded the upper band, causing the bands to expand. However, by the end of October, the bands contracted again. Additionally, the price stabilized near the MA, which served as a dynamic support.
• Towards the end of February, the bands significantly expanded, with the price frequently moving above the upper band and maintaining its position till April. As the analysis concluded,bearish candles were observed below the upper band, yet the price remained above the 20 MA. This was indicative of the market finding an equilibriumafter extensive buying.
• The Moving Average Convergence Divergence (MACD) and signal lines started below zero, with the MACD line initially dominant. After a brief dip below the signal line in June, the MACD line reclaimed dominance and moved above the signal line and even the zero line in mid-June. This suggested a potential shift towardbullish momentum as the signal line followed by the month’s end.
• Between late August and February, the MACD line dipped below the signal line again, yet both lines remained above zero. It reflected that while momentum may have fluctuated, the overall trend remainedpositive. In mid-February, the MACD line reasserted its dominance and began to rise. Yet, in April, the line experienced a downtick.
• At the time of analysis, the MACD line stood at89.9, the signal line at66.5, and the histogram at23.4. This was indicative of waning market strength.

Bitcoin Cash's Short Term Price Prediction

Bitcoin Cash price prediction 11 May 2024: Bitcoin Cash's price for 11 May 2024 according to our analysis should range between $403.90 to $464.70 and the average price of BCH should be around $434.30.

Bitcoin Cash price prediction 12 May 2024: Bitcoin Cash's price for 12 May 2024 according to our analysis should range between $400.92 to $461.27 and the average price of BCH should be around $431.09.

Bitcoin Cash price prediction 13 May 2024: Bitcoin Cash's price for 13 May 2024 according to our analysis should range between $394.04 to $453.36 and the average price of BCH should be around $423.70.

Bitcoin Cash price prediction 14 May 2024: Bitcoin Cash's price for 14 May 2024 according to our analysis should range between $385.16 to $443.14 and the average price of BCH should be around $414.15.

Bitcoin Cash price prediction 19 May 2024: Bitcoin Cash's price for 19 May 2024 according to our analysis should range between $353.19 to $406.36 and the average price of BCH should be around $379.78.

Bitcoin Cash price prediction 24 May 2024: Bitcoin Cash's price for 24 May 2024 according to our analysis should range between $324.09 to $372.88 and the average price of BCH should be around $348.48.

Bitcoin Cash price prediction 3 June 2024: Bitcoin Cash's price for 3 June 2024 according to our analysis should range between $271.70 to $312.60 and the average price of BCH should be around $292.15.

Bitcoin Cash price prediction July 2024: Bitcoin Cash's price for July 2024 according to our analysis should range between $623.02 to $716.81 and the average price of BCH should be around $669.92.

Bitcoin Cash price prediction August 2024: Bitcoin Cash's price for August 2024 according to our analysis should range between $657.18 to $756.11 and the average price of BCH should be around $706.64.

Bitcoin Cash price prediction September 2024: Bitcoin Cash's price for September 2024 according to our analysis should range between $691.33 to $795.40 and the average price of BCH should be around $743.36.

Bitcoin Cash price prediction October 2024: Bitcoin Cash's price for October 2024 according to our analysis should range between $725.48 to $834.69 and the average price of BCH should be around $780.09.

Bitcoin Cash price prediction November 2024: Bitcoin Cash's price for November 2024 according to our analysis should range between $759.63 to $873.99 and the average price of BCH should be around $816.81.

Bitcoin Cash price prediction December 2024: Bitcoin Cash's price for December 2024 according to our analysis should range between $793.79 to $913.28 and the average price of BCH should be around $853.53.

Bitcoin Cash's Long Term Price Prediction

Bitcoin Cash’s long term Price Prediction below is a look at BCH’s future prospect with regards to price. Bitcoin Cash was last seen at $431.76, with a market cap of $8,485,847,694 and trading volumes of $285,080,117. BCH’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

Bitcoin Cash price prediction 2024: Bitcoin Cash's price for 2024 according to our analysis should range between $712.20 to $1068.31 and the average price of BCH should be around $890.26.

Bitcoin Cash price prediction 2025: Bitcoin Cash's price for 2025 according to our analysis should range between $1410.30 to $2115.46 and the average price of BCH should be around $1762.88.

Bitcoin Cash price prediction 2026: Bitcoin Cash's price for 2026 according to our analysis should range between $2792.68 to $4189.01 and the average price of BCH should be around $3490.85.

Bitcoin Cash price prediction 2027: Bitcoin Cash's price for 2027 according to our analysis should range between $5530.04 to $8295.06 and the average price of BCH should be around $6912.55.

Bitcoin Cash price prediction 2028: Bitcoin Cash's price for 2028 according to our analysis should range between $10950.56 to $16425.84 and the average price of BCH should be around $13688.20.

Bitcoin Cash price prediction 2029: Bitcoin Cash's price for 2029 according to our analysis should range between $21684.24 to $32526.37 and the average price of BCH should be around $27105.30.

Bitcoin Cash price prediction 2030: Bitcoin Cash's price for 2030 according to our analysis should range between $42939.02 to $64408.54 and the average price of BCH should be around $53673.78.

Bitcoin Cash price prediction 2031: Bitcoin Cash's price for 2031 according to our analysis should range between $85027.63 to $127541.44 and the average price of BCH should be around $106284.53.

Bitcoin Cash price prediction 2032: Bitcoin Cash's price for 2032 according to our analysis should range between $168371.25 to $252556.88 and the average price of BCH should be around $210464.06.

Bitcoin Cash price prediction 2033: Bitcoin Cash's price for 2033 according to our analysis should range between $333407.85 to $500111.78 and the average price of BCH should be around $416759.81.

Bitcoin Cash price prediction 2035: Bitcoin Cash's price for 2035 according to our analysis should range between $1307349.16 to $1961023.74 and the average price of BCH should be around $1634186.45.

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Bitcoin Cash’s current price is $431.76 and witnessed a -4.94% decrease in the past 24 hours. BCH/BTC pair saw a -1.55% decrease in the past 24 hours

Investing in Bitcoin Cash, BCH will purely depend on your personal risk appetite. As you can see over the past 24 hours Bitcoin Cash’s price has witnessed a -4.94% decrease and over the past 30 days Bitcoin Cash has decrease by -30.29%. So it all depends on if this investment will hit your trading goals.

According to our latest Bitcoin Cash Price prediction for 2024, BCH should vary between $1068.31 and $712.20. Please keep in mind that the crypto market is very volatile and this Bitcoin Cash price prediction does not account for extreme wild swings in price.

As per the Bitcoin Cash price prediction 2024 model above, BCH’s price for May 2024 should range between $712.20 to $1068.31 with the average price for May being $890.26

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2025 would be $1762.88. This price would however would range from $2115.46 and $1410.30.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2026 would be $3490.85. This price would however would range from $4189.01 and $2792.68.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2027 would be $6912.55. This price would however would range from $8295.06 and $5530.04.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2028 would be $13688.20. This price would however would range from $16425.84 and $10950.56.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2029 would be $27105.30. This price would however would range from $32526.37 and $21684.24.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2030 would be $53673.78. This price would however would range from $64408.54 and $42939.02.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2031 would be $106284.53. This price would however would range from $127541.44 and $85027.63.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2032 would be $210464.06. This price would however would range from $252556.88 and $168371.25.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2033 would be $416759.81. This price would however would range from $500111.78 and $333407.85.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2035 would be $1634186.45. This price would however would range from $1961023.74 and $1307349.16.

The highest price for Bitcoin Cash was recorded in 20 December 2017 during which BCH hit an All Time High of $3785.82

The price of 1 Bitcoin Cash according to current market rate is $431.76