Do you invest in BCH?

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3 years ago

Bitcoin Cash Price Prediction 2021-2022

It is the next few years that will really define if Bitcoin Cash is a good investment or not. The coin has had an explosive start but has slowly fallen away from the consciousness of the community. 

However, there are a number of varying predictions for the coming years through to 2022. One of the higher predictions sees  the coin having the potential to reach as high as $6,700 by the end of 2021.

At the same time another prediction goes on to state that the price will keep decreasing and only begin to improve at the end of 2022 and reach a price range of $259 – 299 by November 2023. 

These price predictions don’t match technicals, however, that suggest Bitcoin Cash  will remain under $1,200 for the next few years.

Bitcoin Cash Price Forecast 2023-2025

Forecasting the price of any asset this far ahead of time is entirely an approximate and is difficult to get totally accurate.

The prediction for the next four and five years of course depends on what happens in the first two years after 2020. One prediction has BCH up just above $1,000 in 2021, but then goes on to state that the price of Bitcoin Cash will play in the same ranges in 2021, 2022, 2023, and 2024, meaning it will reach approximately $1,000 at the end and beginning of those years.

This prediction is similar to another one, but for different reasons, that calls BCH to be at $1,100 in 2025 but this will happen through four years as BCH will rise from $550 at the end of 2020 to only double its price in the following years to 2025.

A bullish ascending triangle breakout could also send the crypto asset back to retest its previous all-time high by 2025.

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