Are we alone in our optimism about BCH's future?

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Avatar for AnonSunamun
2 years ago

Bitcoincash Forecasts around the web

Questions from friends, family, and acquaintances.

After the crash(es) of the past week or so many have been asking “Is this the end of the bubble?” or “will the prices go down much further?” or “Should I buy now?”

My answer so far has been that I suspect BCH to bounce back soon and resume an upward journey which, maybe not as fast as it has at the beginning of the year, will result in a significantly higher price than its current price.

Many in my surroundings and in the circle of people I communicate with on internet seem doubtful asking me what my suspicions are based on. So far my answer’s been that it is based on my interpretation of the price charts of the past, combined with my knowledge of Bitcoin Cash and the community supporting it and a pinch of gut instinct.

Am i, or are we here on read.cash, overly optimistic?

But I began to wonder if I was among the majority or minority in my faith that Bitcoin Cash will regain the upward motion soon and will at least double its value in the near future.

Of course, we all know that one big supporter, mr. @MarcDeMesel, still has unwavering confidence in Bitcoin Cash, going by his tweets on twitter, but also because he’s holding on to his crypto’s and prioritizing his girls (while he enjoys the good life under the Sun with his girls https://youtu.be/_0qq0TxBAiw).

We also know that the people on noise.cash and read.cash are almost all pretty confident that BCH will recover again. But how about the “professionals” upon whom many rely for their expertise in predicting market prices for their investments in cryptocurrency?

So why don't I check out the pro's predictions?

I decided to have a look around the internet and “take the pulse” so to speak of the “Professionals” to see if they agree with us or not.

Here is what I found:

Previsionbitcoin.it Predicts:

BCH price prediction 2021

2021 June (pr.min) $ 885.67

2021 July (pr.min) $ 961.78

2021 August (pr.min) $ 1,210.88

2021 September (pr.min) $ 1,280.07

2021 October (pr.min) $ 1,626.04

2021 November (pr.min) $ 1,695.23

2021 December (pr.min) $ 1,764.42

Bitcoincash Forecast 2021

In the second half of 2021 Bitcoincash may heavily boost its price. We assume as high predictable a mass adoption of this cryptocurrency next months. We expect in the second half of 2021 a Bitcoincash rise with a strong capitalization and consequently a concrete value per coin increase.

Coinpriceforecast predicts:

Bitcoin Cash Price Prediction 2021-2022

Bitcoin Cash's price started in 2021 at $342.37. Today, Bitcoin Cash traded at $681.02, so the price increased by 99% from the beginning of the year. The forecasted Bitcoin Cash price at the end of 2021 is $1,152 - and the year-to-year change +236%. The rise from today to year-end: +69%. In the middle of 2021, we expect to see $834 per 1 Bitcoin Cash. In the first half of 2022, the Bitcoin Cash price will climb to $1,440; in the second half, the price would add $548 and close the year at $1,988, which is +192% to the current price.

The forecast for tomorrow, near days and months:

Tuesday, Jun 1 - $686

Wednesday, Jun 2 - $691

Thursday, Jun 3 - $696

Friday, Jun 4 - $701

Saturday, Jun 5 - $707

Sunday, Jun 6 - $712

Monday, Jun 7 - $717

Tuesday, Jun 8 - $722

June 15 - $758

July 15 - $860

August 15 - $914

September 15 - $967

October 15 - $1,019

November 15 - $1,073

Digitalcoinprice predicts:

Jun 2021 $992.53

Jul 2021 $904.82

Aug 2021 $1,026.56

Sep 2021 $944.83

Oct 2021 $1,122.28

Nov 2021 $943.45

Dec 2021 $940.05

Àllforecast predicts:

Jun $759.03

Jul $875.62

Aug $42.84

Sep $1001.72

Oct $956.78

Nov $1090.27

Dec $1196.95

Walletinvestor predicts:

Current Price

695.664 USD

1-Year Forecast

883.347 USD

5-Year Forecast

1843.760 USD

If you are looking for virtual currencies with good returns, BCH can be a profitable investment option. Bitcoin Cash price equal to 695.664 USD at 2021-05-31. If you buy Bitcoin Cash for 100 dollars today, you will get a total of 0.144 BCH. Based on our forecasts, a long-term increase is expected, the price prognosis for 2026-05-30 is 1843.760 US Dollars. With a 5-year investment, the revenue is expected to be around +165.04%. Your current $100 investment may be up to $265.04 in 2026.

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So i think we can conclude that the general about Bitcoin Cash opinion is positive!

Conclusions:

These predictions are only a sample of the predictions I found on the world wide web of course but they are representative of the general mood among crypto-related websites and exchange-related sites. I could find only one site that predicted the price would continue to go down, predicting a low of around $50 in 2025. So we can safely conclude that the general opinion among amateurs, enthusiasts, and professionals in the cryptocurrency scene is the same: Bitcoin Cash will go up in price, it is still a good investment and its positive development of the past will continue into the future.

Thank you for reading my article.

I hope that with this information I have been able to take away some anxiety from those who were unsure about whether Bitcoin Cash was worth putting money time and/or effort into. Maybe it convinces some who were unsure about getting into BCH that they should. At the very least I hope that some of you find this article an enjoyable read.

Stay safe, keep your coins safe, and until next time!

AnonSunamun

sources:

Walletinvestor.com

Digitalcoinprice.com

Coinpriceforecast.com

Previsionbitcoin.it

Àllforecast.com

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2 years ago

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