Author
Simon Chandler
Author
Simon Chandler
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Bitcoin Cash has climbed 4% in the past 24 hours to reach $585, as the broader crypto market stages a rebound, adding strength to a bullish Bitcoin Cash price prediction.
After briefly breaking above $600 on Sunday, its highest level since December, BCH has gained 17% in the past week, 12% over the last month, and 37% year-over-year.
Unlike many top-100 tokens, Bitcoin Cash hasn’t seen a new all-time high since 2017, when it peaked at $3,785 — giving it significant ground to recover in this cycle.
With momentum building and sentiment shifting, a run toward $1,000 by year-end is now back on the table.
Bitcoin Cash Price Prediction: BCH Hits $600 for First Time in 2025 – $1,000 is the Next Target
If we look at Bitcoin Cash’s chart today, we see that its indicators are continuing to operate within a bullish but not overbought range.
For instance, its relative strength index (yellow) has oscillated between 50 and 70 since early April, and in the past week it has crept towards 70 again, indicating increased buying pressure.
It’s a similar story with regards to the coin’s MACD (orange, blue), which has been able the baseline since April, but which has risen again in the past few days.
And if we scan back to late November and early December, when it was much higher, we see that the Bitcoin Cash price has more space to rise in the near term.
Its trading volumes have also risen to levels not seen since the end of December, at around $500 million today.
Accordingly, we have also seen a few big transfers in recent days and weeks, although it’s not always clear whether these represent OTC buys or single whales moving their own funds around.
At the same time, recent volumes are still nowhere near where they were several years ago, suggesting that the wider market is still not particularly interested in Bitcoin Cash.
For example, volumes touched $11.5 billion in May 2021, when the Bitcoin Cash price reached a then-three-year high of $1,500.
Even at its peak this year, volumes for BCH have reached only $1 billion, while in late 2024, they reached only $2 billion.
Despite this, some analysts are optimistic that it will surge again in the coming weeks, with some predicting new all-time highs.
Assuming a bullish market, the Bitcoin Cash price could therefore reach $1,000 by Q4, and potentially end the year at around $1,500.
L2 Bitcoin Hyper Passes $6 Million in Popular Presale: Is This the Next Big Altcoin?
Given Bitcoin Cash’s slow progress in recent years, some traders may prefer to invest in alternatives, including newer coins that could exhibit more positive volatility.
If so, they may want to consider certain presale coins, which can often rally strongly when they list for the first time, particularly if they’ve had a big sale.
For example, Bitcoin Hyper (HYPER) is a new layer-two project that has raised just over $6 million in its ICO, indicating growing interest.
This figure bodes well for Bitcoin Hyper’s future, and the main reason why investors are excited by the project is that it’s in the process of launching a layer-two network for Bitcoin (BTC).
Making use of Solana’s Virtual Machine and zero-knowledge proofs, it will provide Bitcoin holders with greater speed and scalability, while also cutting down on transaction fees.
Bitcoin holders can instantly bridge to Bitcoin Hyper by depositing their BTC, which provides them with an equivalent amount of Bitcoin Hyper-based BTC.
Therefore, they will be able to use the value of their BTC with a growing range of DeFi apps and DEXes, which could increase their profitability considerably.
And as the native token for this L2, HYPER could witness strong demand, with the coin having a max supply of 21 billion.
Holders will be able to stake it for a passive income, while they can join its presale by going to the Bitcoin Hyper website.
HYPER is currently selling at $0.012475, but this price will continue to rise regularly for the duration of the sale.
