Bitcoin
BTC$41 312.94

-1.79%

Ethereum
ETH$3 057.90

-4.13%

Tether
USDT$1.000957

0.03%

Binance Coin
BNB$454.95

-4.03%

Cardano
ADA$1.37

-11.53%

USD Coin
USDC$0.999548

-0.04%

Bitcoin Cash: Will It Reach Great Heights Again?


July 2021

All financial markets have ups and downs, and Bitcoin Cash fits this rule just like any other cryptocurrency. But due to the novelty, these cycles of increase or decrease are particularly strong. All of these factors don’t make traders’ lives any easier. Before you do anything - buy, sell, or hold - it’s good to be as informed as you can possibly be. In this article, we’ll be taking a close look at the Bitcoin Cash price prediction. Keep reading to limit your risks and anticipate the movements using our analysis and your own.

What Is Bitcoin Cash (BCH)? 

On August 1, 2017, the developers of Bitcoin initiated a hard fork to increase the block size, which marked the start of Bitcoin Cash. The split was the final phase of the so-called civil war and the camp that was successfully supported by Roger Ver and Jihan Wu. 

BCH works just like BTC. It is a decentralized peer-to-peer electronic cash system that acts as a public ledger for transactions and nothing more. Block authentication is carried through a proof-of-work algorithm. This means that people can mine it and are awarded coins. 

However, we should still point out some of the differences between these cryptocurrencies.

 

Bitcoin

Bitcoin Cash

Block size

1MB

8MB

Daily transaction limit

Up to 250,000

Up to two million

Technology

SegWit

SecureSigs

Difficulty adjustment

Every two weeks

Every block

Average blocks per hour

5

6

You can learn a lot about BCH from the recent documentary called Bitcoin Cash: The Road to Mass Adoption. The video shows what the team is working on and their plans for 2021. Everything is told directly by builders, funders, specialists, and promoters.

What Affects Bitcoin Cash Price: Main Factors

The ultra-volatile nature of crypto isn’t haphazard. In fact, there are multiple factors that traders can and should track to anticipate the next move. The same goes for any BCH price prediction - analysts try to identify what influences the prices and base their forecasts off of these factors.

Below are some of the most important ones. 

Adoption

The Bitcoin Cash forecast is going to get better and better if businesses or consumers continue to adopt it. Considering the benefits of this system (costs, processing time, simplicity), it’s definitely a possibility. 

For example, if everything goes to plan, Google and Samsung will be adding the cryptocurrency functionality to their payment methods. This is great news - with millions of users having access to crypto (Bitcoin, Bitcoin Cash, BUSD, Ether, PAX, and GUSD), the prices are going to be positively affected. 

Protocol Changes

Bitcoin Cash has no official roadmap. But it doesn’t mean that it’s not moving anywhere - after all, there is an unofficial roadmap. The most recent network upgrade was on November 15, 2020. Although no drastic changes were implemented, it’s comforting that the team makes an effort to preserve Bitcoin Cash’s sound money properties (emission schedule, the SHA-256 mining algorithm, low fees, etc.).

Whatever the team is going to implement next (and in the distant future as well) is going to have an effect. If the changes go well, expect a rise in value. 

Events in the Bitcoin Community

The decisions made by the community affect the Bitcoin community and, therefore, the entire ecosystem on the whole. 

This was exactly what happened when BCH was first launched, the same thing as with Bitcoin SV (more on that later). Both times, a separation into two separate blocks according to different rules was caused by the lack of consensus. Periods of Bitcoin’s instability are still very influential for Bitcoin Cash, which is no surprise. 

Press 

Prices can be affected by public perception, security, and longevity. History shows that the media is the most important source of influence on the price of ant currency. So, greater media coverage, a better overall understanding, and a positive image are all great for BCH value.

Bitcoin Cash (BCH) Historical Price Analysis

Any Bitcoin Cash price prediction takes historical data into account. So, this is where we’re going to start as well. In 2017, when Bitcoin Cash was just launched, the project quickly attracted lots of investor attention. Because of its affiliation with BTC, it reached its all-time high within the first 6 months of existence - $3,667 on December 21, 2017. Mind you, the price at launch was $543, which is much higher than with most coins. 

The following year, 2018, was rough but not for Bitcoin Cash only. Those familiar with the events of 2018 might remember that the crypto market was crashing down. January 2018 marked the start of the so-called crypto winter that lasted a year and a half. 

Bitcoin Cash was holding on rather well compared to the competition. It even experienced a few peaks over the course of the year. The real problem was another BTC hard fork that appeared in November 2018. Because of certain disagreements in the community, Bitcoin Cash's new rival was created. Bitcoin SV (BSV) was a contributing factor to the BCH downfall at the time. The all-time low is still $81 that happened on December 15, 2018.

There wasn’t the same type of price growth since 2017. Not only was it not successful at reaching its peak value, but it also wasn’t particularly successful at even exceeding its launch price. For almost two years, the price wasn’t any higher than the $300 mark.

How Is Bitcoin Cash Performing Now? 

After the 2020 pandemic broke out, the world entered a long period of hibernation, which was reflected in the financial markets. The BCH situation could be described as stable for many months. 

Bitcoin, as the flagbearer, took the crypto market back up. Starting from the second half or even late 2020, the crypto market has been in a major bull run. If we’re assessing the overall sentiment, it’s a positive one.

That said, Bitcoin Cash is still under intense pressure. In late February, it climbed to a whopping $722 but has dropped to around $530 since then. Currently, the total market capitalization sits at $9,935,136,853, making it the 10th largest cryptocurrency in the world.

How Bitcoin Cash (BCH) Will Perform in the Short Term (2021) 

As always, we’re going to highlight different points of view - from the most pessimistic to the most optimistic. Let’s start off the Bitcoin Cash price prediction with Wallet Investor. Below is the chart with their projections, showing drastic changes throughout 2021. This source expects the coin to dip and then recover by the end of the year. 

Moving along to figures, we have Trading Beasts. Out of all forecasts available online, this platform paints a rather sad picture. Over the course of this year, Trading Beasts assures that the prices will continue the fall down 10-15% on average each month. 

Month

Minimum Price

Maximum Price

Average Price

Change

April 2021

352.368

518.189

414.551

-15.88%

May 2021

355.586

522.921

418.336

-15.12%

June 2021

359.314

528.403

422.722

-14.23%

July 2021

363.316

534.288

427.430

-13.27%

August 2021

367.858

540.967

432.774

-12.19%

September 2021

372.810

548.250

438.600

-11.00%

October 2021

377.985

555.861

444.689

-9.77%

November 2021

383.725

564.301

451.441

-8.40%

December 2021

389.630

572.985

458.388

-6.99%

We can identify a few things that can contribute to negative price development: 

On the other end of the spectrum, Long Forecast offers a positive forecast. According to this source, the price increase is going to be modest for the first quarter. After then, Bitcoin Cash might take on momentum and rise by 50-100% each month. 

Month

Open

Low-High

Close

Mo,%

Total,%

March 2021

468

319-579

504

7.7%

7.7%

April 2021

504

470-597

505

0.2%

7.9%

May 2021

505

505-627

586

16.0%

25.2%

June 2021

586

586-717

670

14.3%

43.2%

July 2021

670

670-783

732

9.3%

56.4%

August 2021

732

732-908

849

16.0%

81.4%

September 2021

849

849-1050

981

15.5%

110%

October 2021

981

766-981

824

-16.0%

76.1%

November 2021

824

706-824

759

-7.9%

62.2%

December 2021

759

759-942

880

15.9%

88.0%

To balance out the reasons why BCH might fail, we also need to figure out why it might go up and rise in price: 

Digital Coin Price supports the positive outlook and presents another great Bitcoin Cash forecast for 2021. 

Month

Average Price

Change 

March 2021

815.8

63.85%

April 2021

774.58

55.57%

May 2021

688.69

38.32%

Jun 2021

710.36

42.67%

Jul 2021

647.59

30.07%

August 2021

734.72

47.57%

September 2021

676.22

35.82%

October 2021

803.23

61.33%

November 2021

675.23

35.62%

December 2021

672.8

35.13%

Bitcoin Cash Prediction for 2022 

Going into 2022, Trading Beasts doesn’t give the rosiest Bitcoin Cash prediction once again. However, it’s an obvious improvement from 2021. In the January-April period, Bitcoin Cash might hover in the negatives - about -3% on average. Deeper into the year, prices might experience noticeable growth - up to 15% by the end of the year. 

Month

Minimum Price

Maximum Price

Average Price

Change

January 2022

396.084

582.477

465.982

-5.45%

February 2022

402.877

592.466

473.973

-3.83%

March 2022

409.284

601.889

481.511

-2.30%

April 2022

416.648

612.718

490.174

-0.54%

May 2022

424.042

623.591

498.872

1.23%

June 2022

431.924

635.182

508.145

3.11%

July 2022

439.763

646.710

517.368

4.98%

August 2022

448.057

658.907

527.126

6.96%

September 2022

456.524

671.359

537.087

8.98%

October 2022

464.862

683.620

546.896

10.97%

November 2022

473.615

696.492

557.194

13.06%

December 2022

482.176

709.082

567.266

15.10%

Long Forecast shares a detailed overview of what to expect in 2022. Feel free to compare this table to what’s already been given. 

Month

Open

Low-High

Close

Mo,%

Total,%

January 2022

880

762-880

819

-6.9%

75.0%

February 2022

819

727-837

782

-4.5%

67.1%

March 2022

782

782-958

895

14.5%

91.2%

April 2022

895

699-895

752

-16.0%

60.7%

May 2022

752

588-752

632

-16.0%

35.0%

June 2022

632

632-784

733

16.0%

56.6%

July 2022

733

646-744

695

-5.2%

48.5%

August 2022

695

543-695

584

-16.0%

24.8%

September 2022

584

584-724

677

15.9%

44.7%

October 2022

677

529-677

569

-16.0%

21.6%

November 2022

569

449-569

483

-15.1%

3.2%

December 2022

483

378-483

406

-15.9%

-13.2%

Unsurprisingly, Digital Coin Price forecasts some of the best prices. Judging by their analysis, we might see price surges of up to 80-90%. The highest price for the year might be $967.26 in January.

Month

Average Price 

Change 

January 2022

967.26

93.79%

February 2022

750.08

50.28%

March 2022

867.74

73.85%

April 2022

758.14

51.89%

May 2022

931.47

86.62%

June 2022

832.68

66.83%

July 2022

962.34

92.81%

August 2022

915.2

83.36%

September 2022

790.29

58.33%

October 2022

912.54

82.83%

November 2022

901.23

80.56%

December 2022

953.57

91.05%

Long-Term Forecast for 2023, 2024, and 2025 

For our 2023 Bitcoin Cash price prediction, we’ll be looking at Trading Beasts. There aren’t crazy price moves, but the trend is clear - upwards and steady. On average, the price might be growing by 25-35% in 2023. 

Month

Minimum Price

Maximum Price

Average Price

Change

January 2023

491.109

722.219

577.775

17.24%

February 2023

500.110

735.456

588.365

19.38%

March 2023

508.285

747.478

597.983

21.34%

April 2023

517.359

760.822

608.658

23.50%

May 2023

526.173

773.784

619.027

25.61%

June 2023

535.290

787.191

629.753

27.78%

July 2023

544.110

800.162

640.129

29.89%

August 2023

553.211

813.545

650.836

32.06%

September 2023

562.288

826.894

661.515

34.23%

October 2023

571.042

839.767

671.814

36.32%

November 2023

580.060

853.029

682.424

38.47%

December 2023

588.731

865.781

692.625

40.54%

For our 2021 Bitcoin Cash forecast, we’re using the source called CoinsKid. It goes into great detail to illustrate the prices on a monthly basis. Average prices are looking up - starting from $1,300 and going all the way to $1,700.

Month

Price

Minimum

Maximum

Average

Monthly Change%

January 2024

1,320.64

1,082.93

1,531.95

1,307.44

-11%

February 2024

1,518.74

1,214.99

1,822.49

1,518.74

15%

March 2024

1,640.24

1,476.22

1,853.47

1,664.84

8%

April 2024

1,509.02

1,403.39

1,705.19

1,554.29

-8%

May 2024

1,282.67

1,192.88

1,526.37

1,359.63

-15%

June 2024

1,295.49

1,178.90

1,489.82

1,334.36

1%

July 2024

1,412.09

1,299.12

1,652.14

1,475.63

9%

August 2024

1,440.33

1,166.67

1,685.19

1,425.93

2%

September 2024

1,253.09

1,052.59

1,428.52

1,240.56

-13%

October 2024

1,328.27

1,168.88

1,474.38

1,321.63

6%

November 2024

1,527.51

1,451.14

1,664.99

1,558.06

15%

December 2024

1,695.54

1,525.99

1,983.78

1,754.88

11%

For the 2025 Bitcoin Cash prediction, check out Digital Coin Price. It is similar to Coinskid, putting it into the $1,200-$1,700 price range. Comparing to the current Bitcoin Cash prices, the outlook is definitely optimistic. 

Month

Average Price 

Change 

January 2025

1,293.23

159.1%

February 2025

1,429.60

186.42%

March 2025

1,423.97

185.29%

April 2025

1,397.19

179.93%

May 2025

1,353.71

171.22%

June 2025

1,253.61

151.16%

July 2025

1,377.42

175.97%

August 2025

1,706.49

241.9%

September 2025

1,593.35

219.23%

October 2025

1,454.60

191.43%

November 2025

1,381.90

176.87%

December 2025

1,433.02

187.11%

What Will Bitcoin Cash Price Be Worth in 2030?

Our final Bitcoin Cash price prediction is for 2030 presented by Coin Price Forecast. Since we’re going so far into the future, we can’t show a month-by-month perspective. However, the expected growth of 600% gives us enough information.

Year

Mid-Year

Year-End

Tod/End,%

2030

3,679

3,845

+676%

In the next 10 years, Bitcoin Cash (as well as BCH ABC) will go through numerous developments. Having such a powerful parent as Bitcoin, Bitcoin Cash is unlikely to go into oblivion. As can be expected, BCH will continue to have close ties with BTC and continue to be affected by its performance. With the similarities and shared history between the two currencies, they will share successes and credibility in the cryptocurrency world. But the founders of Bitcoin Cash mustn’t solely rely on the crypto giant. They should also supply users with additional perks, which is what they’ve been doing so far. 

Bitcoin Cash Price Analysis

For technical analysis, we’re bringing in charts and graphs. This helps traders understand and read current price movements. Try to spot the general direction in which prices are headed, overlooking individual fluctuations.

Then, you need to place support and resistance levels. Support refers to the price at which buyers start to come in and drive the price up. Resistance is the price at which sellers come to the market and cause the price to fall again. 

Currently, these levels fluctuate at the following levels:

Other crucial levels:

When we’re talking about technicals, we also need to pay attention to indicators. Moving averages give us a concise and clear image of the market trend for the long term. Oscillators are mostly used to discover short-term overbought or oversold assets. The image above shows that both oscillators and moving averages indicate a strong buy for Bitcoin Cash. 

Oscillators:

Moving averages:

When conducting technical analysis yourself, try to keep track of the bigger picture and short-term fluctuation at the same time. While looking at technicals and key levels is crucial for trading decisions, don’t underestimate the value of higher timeframes. 

What Does the Community Think About BCH Future?

Many experts and traders are supporting the positive Bitcoin Cash price predictions. We’ve gathered some feedback from the community, and you’ll notice the people are very hopeful about this coin. The user from the screenshot below shares an interesting insight. It’s the fact that the real value is much higher than the market price, which is why it’s an opportunity to buy low. 

Finally, we have a free market advocate listing BCH benefits that are likely to attract growth in the years to come. 

What Is Better for Bitcoin Cash - Invest or Trade?

Investing - buying and holding crypto tokens - is one of the simplest ways to enter the market. The “buy low – sell high” approach is suitable for mid to long-term strategies. However, there are drawbacks that you should be aware of. For example, even though the forecasts are promising, BCH may not reach the expected heights, and your position may end up in losses. 

To offset the risks of investing, you can turn to buying and selling crypto in short timeframes. One of the ways to master market volatility without having to own an actual asset is to trade BCH through contracts for difference (CFDs). This way, you can take advantage of the constant peaks and valleys the asset goes through. Sign up for a demo account at Libertex and explore different trading possibilities risk-free.

Based on the long-term predictions, BCH is likely to perform worse before it performs better. If you invest, you may potentially get a consistent profit from the long-term uptrend. In the meantime, you can also speculate on the rate rising and falling right here and now. 

Why to trade with Libertex?

FAQ

Let’s go over the main points once again.

Is Bitcoin Cash a Good Investment in 2021?

The short-term BCH price prediction isn’t all rosy - we might be seeing some price drop in the near future. But if you’re in for trading gains (even in the falling market) or the long-term hold of your investment, it’s quite a catch. 

Is Bitcoin Cash Worth Buying?

Despite recent hurdles, Bitcoin Cash is still one of the largest altcoins (currently ranked 10th). It’s not going anywhere any time soon, and most sources predict a bright future in the next few years. 

What Will Bitcoin Cash Be Worth in 2025?

The Bitcoin Cash price prediction from Digital Coin Price sees a price surge of over $1,000. The average values for the year might be around $1,200-$1,700. 

Will Bitcoin Cash Recover?

Very likely. Bitcoin Cash has already managed to climb out of the $200-$300 range, where it has been for many months. So, it’s showing strong bullish momentum but with some volatility in the meantime. 

What Will Bitcoin Cash Be Worth in 2030?

It’s hard to find accurate predictions, especially for the cryptocurrency market. From what we’ve managed to uncover, there might be significant growth in value - thousands of percent, to be particular. 

Why Is Bitcoin Cash Dropping?

Recently, Bitcoin’s value had jumped by 50%, which was followed by several setbacks in what has been a tumultuous week for Bitcoin. Since BCH is so closely linked to BTC (at least in investors’ minds), the altcoin followed the price drop. 

Should I Buy Bitcoin Cash or Bitcoin?

In many ways, Bitcoin is now useless for commerce - the fees became high, the transactions became slow and unreliable. It’s not to say that one is better than the other. But BCH is more suitable for practical reasons, which should be reflected in its future value. 

Could Bitcoin Cash Overtake Bitcoin?

No Bitcoin Cash price prediction can say that it will. Proponents of Bitcoin Cash believed that it could solve the problems of BTC. Even if it fully satisfies this purpose, the value of Bitcoin is beyond any other cryptocurrency’s reach (at least in the next several years). 

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 72.4% 61 $41 312.94 -1.79% -2.97% $782 208 393 376 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 65.6% 74 $3 057.90 -4.13% -4.99% $364 557 204 266 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.8% 1 $1.000957 0.03% 0.07% $78 389 539 616 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 71.6% 61 $454.95 -4.03% -0.74% $75 119 228 033 BNB 7 days price change
5 Cardano (ADA) ADA Cardano predictions 71.2% 51 $1.37 -11.53% 13.83% $45 869 836 376 ADA 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $0.999548 -0.04% -0.05% $45 742 193 035 USDC 7 days price change
7 Solana (SOL) SOL Solana predictions 62.8% 81 $134.45 -3.98% -3.06% $42 237 959 711 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 66.8% 64 $0.728701 -3.80% -4.17% $34 732 162 139 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 69.6% 57 $76.09 -1.12% 0.67% $27 219 693 512 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 72% 51 $23.84 -5.97% -7.36% $23 544 579 275 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 77.6% 46 $0.160728 -5.76% 5.59% $21 323 857 260 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 62.4% 79 $81.61 -6.07% -9.81% $19 942 092 907 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 68.8% 63 $0.000027 -4.93% -3.67% $15 025 615 032 SHIB 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 69.2% 59 $2.02 -8.18% -12.60% $14 789 690 265 MATIC 7 days price change
15 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $0.999731 -0.10% -0.13% $14 211 573 940 BUSD 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2022 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.