Bitcoin Cash

August 23, 2025 at 21:20

Bitcoin Cash (BCH) Price Forecast: Eyes $650-$680 Break in 30 Days

Opinion: BCH Price Prediction: Bitcoin Cash eyes $650 Break Above Key Resistance in Next 30 Days Bitcoin Cash price prediction targets the $650-$680 range within 30 days as BCH tests a critical $634 resistance. Technical analysis shows mixed signals but bullish bias remains.

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Analysis

Bitcoin Cash (BCH) is approaching a key resistance around $634, with a bullish risk-on bias suggested by the price attempting a breakout toward the $650-$680 zone within the next 30 days. The mix of technicals indicates that while momentum has not yet solidified, the prevailing trend remains tilted to the upside, supported by proximity to the resistance with a potential break if buying pressure sustains above the near-term highs.

Key factors to monitor include the breadth of the rally, volume confirmation on any move above $634, and whether the price can establish a daily close within or above the $650 area. A break and retest of the $634 level could serve as a catalyst, validating an upside continuation, whereas a failure to clear resistance could invite a short-term pullback toward the $600-$620 region as traders reassess risk and seek liquidity beneath the hurdle.

Macro considerations such as Bitcoin’s general performance, market liquidity, and broader altcoin dynamics will impact BCH’s trajectory. If Bitcoin strengthens and altcoins gain momentum, BCH could extend gains toward the $660-$680 band. Conversely, a broader risk-off shift or negative news could provoke a quicker pullback, reducing the probability of a sustained breakout in the near term.

Recommendation

Adopt a cautious long posture on BCH with a focus on price action around the $634 resistance. If BCH closes above $634 with convincing volume, consider layering in a controlled long exposure targeting $650-$680, with explicit risk controls such as stop-loss just below the $620 level to protect against a false breakout.

In case of a failed breakout, anticipate a corrective move toward $600-$620. Reassess after a confirmed retest of the breakout level, and avoid overleveraged positions until a clear trend declaration emerges. Maintain flexibility to switch to a wait or partial-sell stance if momentum deteriorates or if Bitcoin weakens significantly.

Overall, the plan is to seek a defined breakout with risk-managed entries and exits, recognizing that the upside hinges on sustained buying pressure and favorable market conditions across the crypto space.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.