Bitcoin Cash Price Prediction 2023-2030
The latest price of BCH Token is:
Performance in the last 12 months
- Last 7 Days: +119.3%
- Last 30 Days: +168.0%
- Last 12 Months: 213.0%
Latest Bitcoin Cash News
- Bitcoin Cash (BCH) has surged over the past 24 hours due to its debut on the EDX Markets exchange, backed by prominent institutions. Trading volumes for BCH/KRW on Upbit have exceeded those of BTC/KRW on Upbit and BCH/USD on Coinbase
Bitcoin Cash Price Prediction for the Next 6 Hours
- Bitcoin Cash Price Prediction in the next 24 hours is between $207 and $209
- Bitcoin Cash Price Prediction this week is between $199 and $221
Bitcoin Cash Price Prediction: Technical Analysis
The Technical analysis of BCH indicates a Buy sentiment.
- In terms of moving averages, the trend is overwhelmingly positive, with all 12 signals suggesting a buy. The simple and exponential moving averages for the 5, 10, 20, 50, 100, and 200-period frames all favor buying.
- Similarly, technical indicators are strongly signaling a buy. Out of 7 indicators, all are in the buy category.
- RSI(14) – 87.873: This high value suggests that BCH/USD is currently overbought, indicating high buying activity which could potentially lead to a price correction in the future.
- STOCH(9,6) – 61.940: The stochastic oscillator indicates a buying sentiment as it is above 50 but below the overbought threshold of 80.
- STOCHRSI(14) – 96.873: This is also suggesting an overbought condition, implying a possible future decline.
- MACD(12,26) – 39.360: A positive MACD suggests bullishness in the market, indicating a buying sentiment.
- ATR(14) – 26.4643: This high ATR value indicates high volatility in the BCH/USD market.
- Bull/Bear Power(13) – 165.4900: The positive bull/bear power indicates that buyers are in control, reinforcing the buy recommendation.
The summary across all the metrics studied leads to a Buy recommendation for BCH/USD at this time. Check out the latest Crowdwisdom360 Prediction indicators below, this is updated twice a day.
Bitcoin Cash Price Prediction Today
|1. Market's Wisdom||Bearish|
|1a. Market Data||Partially Bearish|
|1b. Technical Recommendation||Sell|
|2. Crowd's Wisdom||Partially Bearish|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||Lower|
Read: Cardano Price Prediction
Bitcoin Cash Price Prediction: Is Bitcoin Cash a Good Investment?
Bitcoin cash is an altcoin that is considered a fork of Bitcoin. It was created in the year 2017 but in 2018 Bitcoin Cash split into two cryptocurrencies, Bitcoin Cash and Bitcoin SV. On trading exchanges, Bitcoin Cash trades under the Bitcoin Cash name and the BCH currency code for the cryptocurrency.
Bitcoin Cash uses a proof-of-work algorithm for every transaction. It is similar to the Bitcoin algorithm. One of the main reasons for the creation of Bitcoin Cash was to accommodate a larger block size compared to Bitcoin. The reason to have a larger block size was to allow more transactions into a single block.
The other reason for the creation of Bitcoin Cash was to lower the transactions queue and waiting time for confirmation of transactions. Due to the smaller block size, Bitcoin takes a longer time to complete one transaction. The size of the block of Bitcoin Cash has been increased to between 8 MB and 32 MB.
Features of Bitcoin Cash
- Bitcoin Cash is faster than Bitcoin. For completion of a transaction, it takes just seconds and the confirmation is received within minutes.
- The Bitcoin Cash official website claims it to be a reliable network. As per them, the Bitcoin Cash network runs without congestion.
- Using the Bitcoin Cash network, one can send money to any part of the world at any hour of the day and it allows transactions all 365 days. One can send money globally for pennies.
- Bitcoin Cash Network is easy to use and Hassle-free.
- Bitcoin Cash serves the purpose of a stablecoin. It is a payment system that’s a proven store of value.
- The platform claims to be the world’s most secure network. It also claims to be World’s most robust blockchain technology.
How many Bitcoin Cash Coins are there?
Unlike other cryptocurrencies, Bitcoin Cash follows the footstep of Bitcoin. The cryptocurrency supply is very limited. The maximum supply of Bitcoin Cash is 21,000,000 while the current total supply is 19,036,025.
Bitcoin Cash Price Prediction 2023, 2025 and 2030
- Bitcoin Cash Price Prediction 2023 is $480
- Bitcoin Cash Price Prediction 2025 is $879
- Bitcoin Cash Price Prediction 2030 is $3626
How to Buy Bitcoin Cash?
Here are some general steps to follow to buy Bitcoin Cash:
- Finding a crypto exchange that has Bitcoin Cash Coins listed
- Create an account with the Exchange
- Verify your identity
- Fund the Wallet
- Make the Purchase
You can purchase BCH with U.S. dollars on Binance, Bitfinex, FTX, Huobi Global
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view of the likely trends in the Index or Individual Cryptos. Please consult a registered investment advisor to guide you on your financial decisions.