Bitcoin Cash Price Prediction: Can Bulls Break Through $1000
Bitcoin Cash Price Prediction 2025 is estimated around $800
#Bitcoin Cash ($BCH) price surged above $700 on March 31, reaching its highest point since November 2021.
Over the past five days, $BCH has experienced a remarkable 160% increase, driven by anticipation of the upcoming Bitcoin Cash Halving event scheduled for April 4, 2024.
BCH initiated a strong upward trend, breaking through crucial resistance levels at $500 and $530 against the US Dollar.
The breakout from the trading range signals a bullish flag pattern breakout rally in Bitcoin Cash, accompanied by significant engulfing candles.
Within just two bullish weeks, BCH surpassed the 23.60% and 38.20% Fibonacci retracement levels.
Currently, BCH is trading at $680, showing indecision on Monday with a Doji formation.
The upward momentum aims to challenge the 50% Fibonacci retracement level at $765, with a high probability of surpassing $700.
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