Bitcoin Cash Price Prediction 2021
Bitcoin Cash is a spin-off of the Bitcoin blockchain, and its price patterns are now exhibiting historic Bitcoin price action. Bitcoin Cash, on the BCHUSD trading pair is forming a long-term ascending triangle, which is a bullish price pattern.
Bitcoin Cash is moving very slowly compared to other cryptocurrencies and especially Bitcoin. This suggests that a breakout might not happen for a while and more consolidation is necessary before the triangle resolves.
Bitcoin Cash Price Prediction 2022 – 2023
Don’t be caught off guard by the below chart. To be clear, it’s a Bitcoin chart, not a Bitcoin Cash chart. The reason to show the Bitcoin chart is to show what happens in time if the same fractal plays out in Bitcoin Cash as it did in the original Bitcoin. If so, even if the triangle does break out, it should fall back to the trendline, completely retracing the entire move.
Bitcoin Cash Price Forecast 2024-2025
Forecasting the price of any asset this far ahead of time is entirely an approximate and is difficult to get totally accurate.
Only after the retest of the ascending triangle will Bitcoin Cash be able to reach its measured move target of $3,500 per coin, which still falls short of the coin’s former all-time high.
