$BCH

Here's a concise technical and fundamental analysis of **Bitcoin Cash (BCH)** for **August 13, 2025**:

📈 **1. Price & Market Performance**

- **Current Price**: **$618–$619** (up **5.25–5.96%** in 24 hours), hitting a **6-month high** .

- **24h Range**: **$575–$626.50**, testing key resistance at **$632.46** .

- **Weekly Surge**: **+11.69–22.05%**, outperforming broader crypto markets .

- **Market Cap**: **$12.3–12.31B** (ranked #15–30 globally) .

📊 **2. Technical Indicators**

- Trend**: **Strong Bullish**

Moving Averages**: All key EMAs/SMAs (10-day to 200-day) signal "Strong Buy" .

RSI (14)**: **57.38–75.73** (neutral-to-overbought), suggesting consolidation before further gains .

Key Levels

Support*: $586.27** (critical), **$575** (24h low) .

Resistance*: **$632.46** (breakout target), then $701.83** .

- **Volume**: **$585M–$952M** (24h), confirming strong trader interest .

🐋 **3. Catalysts & Sentiment**

-Institutional Accumulation**: **$1.71M net outflow** from exchanges to private wallets, signaling whale confidence .

-*Market Sentiment**: **Bullish** (68 "Greed" index); 84% technical indicators favor "Buy" .

-Upcoming Event**: Community call on **August 14** discussing protocol upgrades .

Risks**: **Token unlocks** (95% of max supply circulating) and regulatory scrutiny.

⚠️ **4. Short-Term Outlook (Next 24–48h)**

Bull Case**: Break above **$632.46** could target $679–$701** (+10–13%), especially if Bitcoin holds $119K

-Bear Case**: Failure to hold **$586** may trigger drop to **$560** (9% correction) .

- **Prediction**: 1-month target **$679.27** (+13.69%) .

💎 Verdict**: BCH shows **robust bullish momentum** but faces resistance at **$632.46**. Traders should watch this level for breakout opportunities, with dips to **$586** offering strategic entries. Long-term fundamentals (scalability, adoption) remain strong .

Key Metrics

✅ **200-Day SMA**: **$407.51** (price +50% above

strong uptrend

✅ **Green Days**: **60%** last month (18/30 positive closes