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 time frame, a support level of $113 was identified as the lowest price floor.
• Conversely,$970 might stand out as the possible highest resistance mark.

2. Market sentiment

• In May 2024, the overall market sentiment for BCH is seen to bebullish.

3. Predictive forecasts

• According to our AI/ML predictive models, the price ofBCH is projected to undergo significant variations over the coming years, as evidenced by the values mentioned in the tables below.

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: Can the asset rebound from bearish dominance?

The analysis of Bitcoin Cash (BCH) over the past year reveals significant volatility and a series of market cycles that are crucial for understanding theBitcoin Cash price prediction for 2024.

The period began with BCH in abearish descent, where it reached a year-low of $113 in early May 2023. This level represented a critical support that was thoroughly breached, signaling strong selling pressure.

However, mid-June marked a significantturnaround, initiating a robust bullish surge that quickly elevated the price to$220. This upward trajectory did not halt at this level. By the end of June, BCH had ascended slightly over $273, setting a new short-term high.

July ushered in a reversal of fortunes as BCH faced substantial selling pressure, leading to a correction back down to$220 by late July. Despite dipping below this level by mid-August, the price found enough buying interest to rebound above$220 by early October.

In the following months, from early October 2023 through mid-February 2024, BCH entered a period of priceconsolidation. During this phase, the cryptocurrency frequently oscillated between$220 and$273, with neither bulls nor bears able to assert dominance.

By the end of February 2024, BCH broke out of its consolidation range, propelled by renewed investor confidence and bullish momentum, pushing the price to a remarkable peak of$525.

Although this level resulted in a slight pullback lasting until mid-March, thepullbackproved insufficient to dampen the bullish spirit. By the end of March, BCH had surged to its highest price in the analysis period, touching$686.

The BCHhalving in early April pushed the token to highs over$700, which had not been touched since 2021. However, bearish pressure hit 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 displayedoverextendedconditions. Consequently, BCH fell below$525 close to mid-month. Furthermore, the price continued to decline until it reached$428 by late April. At the time of writing, BCH showed signs of a modestrecovery, trading at$452.

As perCoinMarketCap, BCH’s price has appreciated by287% over the past year. Moving forward, increasedselling pressure can put the resilience of$428 to the test. If the bulls are able to defend it, it can provide a cushion for another rally to the peak resistance at$686. Moreover, a sustained bullish movement may even lead to prices surging higher and touching$970 by the end of the year.

Nevertheless, if the price falls below the current support at$428, the market can likely succumb to adowntrend. This could push the asset close to$273. Meanwhile, the mostbearish scenario can even see it fall as low as$220 by the end of the year.

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, the volumedropped.
• An increase in volume was noted starting in late February, although not as substantial as in June. A drop in volume was witnessed by mid April that continued until the end of the analysis. This suggested acautious stance among traders.
• TheMoving Average Convergence Divergence(MACD) andsignal linesstarted below zero, with the MACD line initially dominant. After a brief dip below the signal line in June, theMACD line reclaimed dominance and moved above the signal line and even thezero 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 remained positive. 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 at65.3, the signal line at70.7, and the histogram was negative at -5.4. This was indicative of a slightbearish pressure.
• TheChaikin Money Flow(CMF) began its journey from the positive territory, albeit it was waning. By early June, it fell below the zero line momentarily. By mid-June, the indicator witnessed a massive spike, reaching its highest value at0.36. This was followed by the indicator witnessing a dip in value.
• By early November, theCMF fell below the zero line yet again. However, it recovered by mid-February. At press time, the CMF stood at0.22, indicating a solidinflow of money into the asset.

Bitcoin Cash's Short Term Price Prediction

Bitcoin Cash price prediction 2 June 2024: Bitcoin Cash's price for 2 June 2024 according to our analysis should range between $420.39 to $483.68 and the average price of BCH should be around $452.04.

Bitcoin Cash price prediction 3 June 2024: Bitcoin Cash's price for 3 June 2024 according to our analysis should range between $414.48 to $476.87 and the average price of BCH should be around $445.67.

Bitcoin Cash price prediction 4 June 2024: Bitcoin Cash's price for 4 June 2024 according to our analysis should range between $412.13 to $474.17 and the average price of BCH should be around $443.15.

Bitcoin Cash price prediction 5 June 2024: Bitcoin Cash's price for 5 June 2024 according to our analysis should range between $411.50 to $473.44 and the average price of BCH should be around $442.47.

Bitcoin Cash price prediction 10 June 2024: Bitcoin Cash's price for 10 June 2024 according to our analysis should range between $412.52 to $474.62 and the average price of BCH should be around $443.57.

Bitcoin Cash price prediction 15 June 2024: Bitcoin Cash's price for 15 June 2024 according to our analysis should range between $421.48 to $484.93 and the average price of BCH should be around $453.21.

Bitcoin Cash price prediction 25 June 2024: Bitcoin Cash's price for 25 June 2024 according to our analysis should range between $454.20 to $522.57 and the average price of BCH should be around $488.38.

Bitcoin Cash price prediction July 2024: Bitcoin Cash's price for July 2024 according to our analysis should range between $657.96 to $757.01 and the average price of BCH should be around $707.48.

Bitcoin Cash price prediction August 2024: Bitcoin Cash's price for August 2024 according to our analysis should range between $696.20 to $801.01 and the average price of BCH should be around $748.61.

Bitcoin Cash price prediction September 2024: Bitcoin Cash's price for September 2024 according to our analysis should range between $734.45 to $845.01 and the average price of BCH should be around $789.73.

Bitcoin Cash price prediction October 2024: Bitcoin Cash's price for October 2024 according to our analysis should range between $772.69 to $889.01 and the average price of BCH should be around $830.85.

Bitcoin Cash price prediction November 2024: Bitcoin Cash's price for November 2024 according to our analysis should range between $810.93 to $933.00 and the average price of BCH should be around $871.97.

Bitcoin Cash price prediction December 2024: Bitcoin Cash's price for December 2024 according to our analysis should range between $849.17 to $977.00 and the average price of BCH should be around $913.09.

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 $461.58, with a market cap of $9,097,526,764 and trading volumes of $134,278,771. 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 $763.37 to $1145.05 and the average price of BCH should be around $954.21.

Bitcoin Cash price prediction 2025: Bitcoin Cash's price for 2025 according to our analysis should range between $1580.89 to $2371.34 and the average price of BCH should be around $1976.11.

Bitcoin Cash price prediction 2026: Bitcoin Cash's price for 2026 according to our analysis should range between $3273.94 to $4910.91 and the average price of BCH should be around $4092.42.

Bitcoin Cash price prediction 2027: Bitcoin Cash's price for 2027 according to our analysis should range between $6780.15 to $10170.22 and the average price of BCH should be around $8475.19.

Bitcoin Cash price prediction 2028: Bitcoin Cash's price for 2028 according to our analysis should range between $14041.32 to $21061.97 and the average price of BCH should be around $17551.64.

Bitcoin Cash price prediction 2029: Bitcoin Cash's price for 2029 according to our analysis should range between $29078.80 to $43618.19 and the average price of BCH should be around $36348.49.

Bitcoin Cash price prediction 2030: Bitcoin Cash's price for 2030 according to our analysis should range between $60220.59 to $90330.89 and the average price of BCH should be around $75275.74.

Bitcoin Cash price prediction 2031: Bitcoin Cash's price for 2031 according to our analysis should range between $124713.55 to $187070.32 and the average price of BCH should be around $155891.93.

Bitcoin Cash price prediction 2032: Bitcoin Cash's price for 2032 according to our analysis should range between $258274.92 to $387412.38 and the average price of BCH should be around $322843.65.

Bitcoin Cash price prediction 2033: Bitcoin Cash's price for 2033 according to our analysis should range between $534873.21 to $802309.82 and the average price of BCH should be around $668591.52.

Bitcoin Cash price prediction 2035: Bitcoin Cash's price for 2035 according to our analysis should range between $2293971.76 to $3440957.65 and the average price of BCH should be around $2867464.70.

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Bitcoin Cash’s current price is $461.58 and witnessed a 0.81% increase in the past 24 hours. BCH/BTC pair saw a 0.69% increase 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 0.81% increase and over the past 30 days Bitcoin Cash has increase by 7.32%. 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 $1145.05 and $763.37. 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 June 2024 should range between $763.37 to $1145.05 with the average price for June being $954.21

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2025 would be $1976.11. This price would however would range from $2371.34 and $1580.89.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2026 would be $4092.42. This price would however would range from $4910.91 and $3273.94.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2027 would be $8475.19. This price would however would range from $10170.22 and $6780.15.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2028 would be $17551.64. This price would however would range from $21061.97 and $14041.32.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2029 would be $36348.49. This price would however would range from $43618.19 and $29078.80.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2030 would be $75275.74. This price would however would range from $90330.89 and $60220.59.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2031 would be $155891.93. This price would however would range from $187070.32 and $124713.55.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2032 would be $322843.65. This price would however would range from $387412.38 and $258274.92.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2033 would be $668591.52. This price would however would range from $802309.82 and $534873.21.

According to the Bitcoin Cash Price Prediction model above, BCH’s price in 2035 would be $2867464.70. This price would however would range from $3440957.65 and $2293971.76.

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 $461.58