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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