Bitcoin Cash Price Prediction: Here’s How High BCH Could Go After This Bounce

Bitcoin Cash is back in one of those zones where the chart starts to feel a little tense. Not panic tense. More like that quiet pressure where the market looks calm, but it’s pretty obvious something is getting ready to happen.

The BCH price has been squeezing into a major ascending triangle on the weekly chart, and the latest bounce off the lower trendline is exactly what bulls want to see. This pattern has been building for months, and now the BCH price is sitting right at the part of the structure where things usually stop moving sideways and start moving fast.

BCH triangle support bounce puts the chart back in focus

Analyst Jonathan Carter recently pointed out what a lot of chart watchers have been noticing: Bitcoin Cash is still holding above the ascending triangle support. The idea is pretty simple: the BCH price bounced cleanly off the lower boundary, and that’s usually the kind of reaction that opens the door for upside targets. 

Carter mapped out key levels at $660, $1,000, $1,300, and even $1,800, with the setup breaking down below $420. It’s a wide range, but it makes sense. This isn’t some tiny short-term pattern. This is multi-month compression, and when those finally resolve, the move usually isn’t small.

On the weekly chart, the triangle structure is honestly pretty clean. The BCH price has been printing higher lows ever since the 2022 bottom, riding that rising trendline higher over time. 

Every dip into that support zone has brought buyers back in, and the whole pattern has been tightening more and more. Up top, the big ceiling is sitting around $660, and that level has rejected the price again and again.

That matters, because it shows sellers have defended this area for a long time. But here’s the key part: every pullback happens from a higher level than the last one. That’s pressure stacking up. The BCH price isn’t falling apart, it’s coiling. And triangles don’t stay coiled forever.

On-chain data shows BCH still deep in recovery

Glassnode metrics add another layer here. Market cap data shows BCH sitting around the $10B range, with some slight decline recently. Nothing dramatic, but it shows the market is still in that rebuilding phase.

The bigger point is the drawdown from all-time highs. Bitcoin Cash is still down roughly -87% to -89% from its ATH. That’s huge. It also means the BCH price is still deeply discounted compared to past cycle peaks, and coins sitting that far below ATH often become magnets when altcoin rallies really kick off.

The upside room is still there, if the market decides to rotate back into these older majors. What’s interesting here is that BCH hasn’t even needed a huge rush of new money to stay steady. 

Lower timeframes are a bit choppy, but support is still holding up

When zooming into the shorter-term charts, things definitely get a little messier, but the structure still isn’t broken.

On the 4-hour chart, Bitcoin Cash has basically been stuck in grind mode, moving sideways under moving average resistance. Sellers keep showing up around the $600 zone, which makes sense because that level has been acting like a wall for a while now.

4-hour BCH price chart analysis

At the same time, the BCH price has been holding up pretty well near the rising trendline around $500–$520. That area has turned into the main decision zone, where the market is kind of pausing to figure out its next move.

The daily chart makes the bigger picture even easier to see. BCH recently got rejected from that resistance pocket in the mid-$600s, and now price has pulled back into a broader support region that stretches down toward the low-$400s.

Daily BCH price chart analysis

That support zone is doing a lot of work right now, especially after the sharp wick lower earlier this month. Buyers stepped in quickly, which is usually a good sign that demand is still sitting underneath the market.

If the BCH price can climb back above $560–$580 on the daily chart, that would be the first real signal that bulls are waking back up and gearing up for another push toward $660.

But if this support structure gives way, then $420 starts looking like the next major level to watch, and that lines up perfectly with the deeper daily support band that has held during previous selloffs.

BCH price is coiling up for a big move

Right now, the BCH price is sitting in a classic pressure zone. A long-term ascending triangle, repeated resistance at $660, higher lows holding firm, and a market that still has Bitcoin Cash discounted from historical highs.

This is the kind of setup that can stay boring until it suddenly isn’t. If bulls clear $660, Bitcoin Cash could be stepping into a new phase, with $1,000 and beyond back in play. If support fails, $420 becomes the line in the sand.

Either way, the triangle is tightening, and the BCH price is getting closer to a moment where the next move won’t be subtle. Crypto doesn’t give clean setups like this without eventually delivering fireworks.

According to CoinCodex’s 1-month BCH price prediction, BCH could drift toward $632.83 in the near term. That would bring Bitcoin Cash back up into the key resistance zone traders have been watching, and it would be a meaningful recovery move, even if it still wouldn’t confirm a full breakout above the larger $660 ceiling yet.