Bitcoin Cash ($BCH) Crypto Forecast: Up 5.1% Today

What is Bitcoin Cash?

Bitcoin Cash (BCH) is a popular cryptocurrency token that was created as a result of a hard fork from Bitcoin. Today, BCH experienced a strong bullish movement in the market.

Why is Bitcoin Cash going up?

BCH crypto is up 5.1% on Jan 12, 2025 16:35

• The bullish movement in BCH today may be linked to the positive momentum in Bitcoin forks, including BCH and BSV.
• The possibility of a 15% increase in Bitcoin prices could have also influenced market sentiment towards BCH.
• The evaluation of whether BCH will drop below $365 appears to have been overshadowed by the overall bullish trend in the cryptocurrency market today.
• Investors and traders could be closely monitoring Bitcoin and its forks, impacting BCH's price movements in the near future.

BCH Price Chart

BCH Technical Analysis

BCH News

Bitcoin Forks, BCH & BSV Propel as Bitcoin Price Consolidated Within a Narrow Range—A 15% Upswing Seems Imminent

Bitcoin Forks, BCH & BSV Propel as Bitcoin Price Consolidated Within a Narrow Range—A 15% Upswing Seems Imminent

https://coinpedia.org/price-analysis/bitcoin-forks-bch-bsv-propel-as-bitcoin-price-consolidated-within-a-narrow-range-a-15-upswing-seems-imminent/

Bitcoin Cash: Assessing if BCH will fall below $365

Bitcoin Cash: Assessing if BCH will fall below $365

https://ambcrypto.com/bitcoin-cash-assessing-if-bch-will-fall-below-365/

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Bitcoin Cash Price History

18.11.2024 - BCH Crypto was down 5.1%

• The decline in BCH value today may be linked to investors selling to secure profits following a recent period of optimism.
• Speculation about other digital assets supported by Grayscale has drawn attention away from BCH, decreasing its demand.
• Remarks made by Roger Ver regarding the history of the US government's actions may have caused doubt and hesitancy among cryptocurrency investors, impacting BCH adversely.
• Despite the price dip in BCH, the overall outlook remains positive, suggesting a potential stabilization and recovery in the market soon.

13.11.2024 - BCH Crypto was down 5.2%

• The bearish movement in Bitcoin Cash today could be attributed to disappointing investors compared to other cryptocurrencies like Lunex Network, which saw a significant surge during the bull run.
• Allegations of the US government's attempts to undermine Bitcoin as early as 2011 through a censorship campaign, as mentioned by a prominent figure in the crypto space, might have added to the negative sentiment surrounding BCH.
• Store-of-value coins gaining more attention in the crypto market could have diverted focus from Bitcoin Cash, leading to a decline in its value.
• The activity of crypto whales buying other altcoins in the first week of December 2024 instead of Bitcoin Cash could have also contributed to the bearish movement in BCH as investors may have shifted their focus to other assets.

12.11.2024 - BCH Crypto was up 6.4%

• Bitcoin Cash experienced a strong bullish movement today.
• The market movement could be attributed to the overall positive sentiment in the cryptocurrency market, with store-of-value coins like BCH gaining attention.
• The news of Bitcoin breaching the $100,000 milestone and the nomination of a crypto-friendly SEC replacement may have also contributed to the bullish momentum of Bitcoin Cash.
• Despite disappointments from other cryptocurrencies like Ethereum Classic, Bitcoin Cash managed to stand out and attract investors during the bull run.

07.11.2024 - BCH Crypto was down 5.0%

• Bitcoin Cash (BCH) disappointed investors amidst a bullish market, possibly due to the lackluster performance compared to other cryptocurrencies like Lunex Network.
• Store-of-Value coins stole the spotlight in the crypto market, potentially diverting attention and investment away from Bitcoin Cash.
• The emergence of Bitcoin, Dogecoin, and Litecoin as top gainers, fueled by Bitcoin's $100,000 breakout, overshadowed the performance of Bitcoin Cash.
• Uncertainty surrounding the future of Bitcoin, as highlighted by Jameson Lopp, may have contributed to a bearish sentiment across the cryptocurrency market, impacting Bitcoin Cash as well.

07.11.2024 - BCH Crypto was up 5.1%

• BCH experienced a strong bullish movement likely due to the overall positive sentiment in the cryptocurrency market following Bitcoin's milestone breach of $100,000.
• The focus on store-of-value coins and the positive reaction to the appointment of a crypto-friendly SEC replacement could have contributed to BCH's upward momentum.
• The anticipation of how BCH and BSV prices will react to Bitcoin's surge indicates that investors are closely monitoring the market dynamics and potential spillover effects on other cryptocurrencies like BCH.

10.00.2025 - BCH Crypto was up 6.9%

• BCH showed a strong bullish movement, surpassing expectations of dropping below $365.
• Positive market sentiment towards BCH is evident, potentially linked to growing investor confidence in the cryptocurrency.
• Previous speculations about BCH declining below $365 may have been influenced by technical analysis or short-term market changes, which were proven inaccurate by today's upwards movement.
• Investing community should track market trends while considering the broader market landscape before finalizing trading decisions.

21.11.2024 - BCH Crypto was up 5.4%

• The bullish movement in BCH could be attributed to the overall positive sentiment in the cryptocurrency market.
• The news of Grayscale expanding its crypto product suite to support 30 digital assets may have boosted investor confidence in the crypto market, including BCH.
• Despite the mention of a potential crypto crash, BCH managed to defy the trend and attract buyers, possibly due to its unique features and market positioning.
• The selling pressure from a large number of investors did not seem to have a significant impact on BCH's price movement, indicating strong buying interest in the token.

16.11.2024 - BCH Crypto was up 5.2%

• Despite a retracement in the market, both Litecoin (LTC) and BCH maintained a bullish sentiment, indicating overall positive market conditions for cryptocurrencies.
• The information about an easy passive income opportunity through BCH mining might have attracted more investors and contributed to the bullish movement.
• The reveal by Roger Ver about the US government's attempts to subvert Bitcoin since 2011 could have sparked renewed interest in BCH as a decentralized alternative.
• The announcement of Lunex Network reaching a new all-time high could have added to the positive sentiment surrounding BCH and contributed to its bullish movement.

06.11.2024 - BCH Crypto was up 5.7%

• BCH experienced a strong bullish movement today, likely influenced by the overall positive sentiment in the cryptocurrency market following Bitcoin's surge past $100,000.
• The news of Roger Ver, a prominent Bitcoin Cash proponent, moving to dismiss an indictment for allegedly evading taxes may have also contributed to the positive momentum in BCH.
• The uncertainty surrounding the future of Bitcoin, as discussed by Jameson Lopp, did not seem to have a direct impact on BCH's bullish movement today.
• The correlation between Bitcoin's milestone and the performance of other cryptocurrencies like BCH highlights the interconnected nature of the crypto market.

06.11.2024 - BCH Crypto was up 5.5%

• BCH experienced a strong bullish movement likely due to the overall positive sentiment in the cryptocurrency market following Bitcoin's price breaching the $100,000 milestone.
• The news of Trump nominating a crypto-friendly replacement for the SEC chair might have boosted investor confidence in the crypto market, leading to increased interest in altcoins like BCH.
• The uncertainty surrounding the future of Bitcoin, as highlighted by Jameson Lopp, could have also driven investors towards alternative cryptocurrencies like BCH.
• The legal issues faced by prominent figures in the crypto space, such as Roger Ver's tax evasion allegations, did not seem to negatively impact BCH's price movement, indicating strong market resilience.

26.11.2024 - BCH Crypto was down 5.1%

• The bearish movement in Bitcoin Cash today is linked to the broader crypto market crash influenced by Bitcoin (BTC) and Ethereum (ETH), with 40,000 investors selling off their BCH holdings during the market decline.
• A community fundraising effort was launched to secure the Bitcoin Cash API service, offering some support amidst the market downturn, though negative market sentiment prevailed.
• The increased selling pressure on BCH may result from traders opting to take profits following recent price fluctuations in the cryptocurrency market.
• Today's bearish movement in Bitcoin Cash highlights the market's susceptibility to external factors like market crashes and investor sentiment, amidst heightened volatility.

12.00.2025 - BCH Crypto was up 5.1%

• The bullish movement in BCH today may be linked to the positive momentum in Bitcoin forks, including BCH and BSV.
• The possibility of a 15% increase in Bitcoin prices could have also influenced market sentiment towards BCH.
• The evaluation of whether BCH will drop below $365 appears to have been overshadowed by the overall bullish trend in the cryptocurrency market today.
• Investors and traders could be closely monitoring Bitcoin and its forks, impacting BCH's price movements in the near future.