🚀 Bitcoin Cash ($BCH ) is soaring by 8.2%! What's next? Forecast and analysis! 📈
Bitcoin Cash ($BCH ) is demonstrating a powerful surge: the current rate is $594, with a 24-hour increase of 8.2%! 💥 Technical analysis indicates a bullish trend: on the daily chart, BCH is trading in an upward channel, and the RSI (57.31) signals a neutral zone with potential for growth. Key support is at $548.80, resistance is at $569.77. A breakout upwards could send BCH to $700, and if it holds, to $1000 by the end of 2025, according to forecasts. 📊
Fundamentally, BCH is supported by a strong holder base: 13 million BCH have not moved for over a year, which reduces selling pressure. The political climate in the USA, with cryptocurrency support from the Trump administration, adds optimism. However, competition with other altcoins and market volatility requires caution. ⚠️
Forecast for 2025: average price $BCH $823.55, potential maximum — $988.26. Long-term (2030) growth to $4500–$10000 is possible under favorable conditions. 📅
What do you think? Share your forecasts in the comments! 💬 Subscribe to not miss fresh analysis and trading signals! 🚀 #BCH #Binance #Crypto #Trading #Altcoins