Is Bitcoin Cash Price Preparing For a Breakout?

Bitcoin Cash (BCH) is currently trading at $441.96, with a 24-hour trading volume of $521 million. In the last hour, BCH has increased by 1.08%, and is up 2.33% from the previous day. The coin has a circulating supply of 19.87 million BCH, with a capped supply of 21 million—a key factor in its long-term value potential and frequently referenced in Bitcoin Cash price prediction models.

Price Trends and Moving Averages

The 50-day Simple Moving Average (SMA) stands at $358.18, showing upward momentum in the short term. Meanwhile, the 200-day SMA at $399.20 highlights a stronger position over a longer period.

Short-Term and Long-Term Forecasts

Analysts expect BCH to average around $407.69 in May, with a potential dip to $402.76. By December 2025, forecasts suggest BCH could fall within the $317.53 to $378.65 range.

Looking further ahead to 2027–2030, predictions become more uncertain, with a broad range between $230 and $3,900—largely dependent on real-world blockchain adoption and limited token supply.

Recent Network Upgrade

A key upgrade in mid-May 2025 improved the network's scalability and functionality. This has driven a 22% price increase over the last four weeks, with BCH price now consolidating between $273 and $641.

• On-chain holders: 345,000

• All-time high not breached since 2018

Also Read: Nexo Price Prediction 2025, 2026 – 2030

On-Chain Signals

Glassnode data shows negative funding rates, signaling a market skewed towards short positions. This could mean increased short-term selling pressure.

Market Comparison and Challenges

BCH has underperformed against coins like Pi Network, which overtook BCH in market capitalization. Despite a growing holder base, analysts point out a lack of strong application layers or "on-chain buzz", which may hold back future growth.

Final Takeaway

Bitcoin Cash is showing resilience through upgrades and steady adoption. However, bearish derivatives data and stronger competition may pose challenges. BCH holders should watch for signs of on-chain utility and real-world integration to gauge long-term value.