{"id":9705,"date":"2025-06-17T15:46:00","date_gmt":"2025-06-17T14:46:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=9705"},"modified":"2025-06-17T15:42:23","modified_gmt":"2025-06-17T14:42:23","slug":"bitcoin-cash-bch-rally-momentum","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-cash-bch-rally-momentum\/","title":{"rendered":"Bitcoin Cash (BCH) Surges as Bitcoin Rally Lifts Altcoins Higher"},"content":{"rendered":"\n

Bitcoin Cash Bullish Run<\/h2>\n\n\n\n

The rebound of BCH<\/strong> coincides with the latest attempt by Bitcoin<\/a><\/strong> to reach its all-time high of $111,968<\/strong>. On Monday, the flagship cryptocurrency briefly surpassed the $108,000<\/strong> mark, reviving a sense of euphoria across the crypto market<\/a> and propelling altcoins like Bitcoin Cash<\/strong> along with it.<\/p>\n\n\n\n

Currently trading at $476.28<\/strong>, BCH continues its bullish trend that started several weeks ago. Data from the daily chart BCH\/USD<\/strong> shows that this altcoin has been moving in a steady upward trend<\/strong> since April 7, regularly setting higher highs and higher lows – a classic sign of a strong bullish momentum<\/strong>.<\/p>\n\n\n\n

Furthermore, Bitcoin Cash is trading above the Span A and Span B lines of its Ichimoku cloud, reflecting a clear dominance of bulls in the market. These dynamic lines now serve as support levels at $435.65<\/strong> and $413.30<\/strong> respectively.<\/p>\n\n\n\n

BCH Upside Potential<\/h2>\n\n\n\n

Analysis of the Ichimoku cloud<\/strong> indicates that BCH is in a strong bullish trend. The area above the cloud is considered a bullish zone<\/strong>, highlighting positive investor sentiment towards this altcoin.<\/p>\n\n\n

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\"Bitcoin
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

Moreover, the positive funding rate of 0.0006%<\/strong> on BCH futures contracts reflects a clear preference of traders for long positions<\/strong>. This parameter reinforces the notion of a sustainable bullish momentum for Bitcoin Cash.<\/p>\n\n\n\n

Currently, BCH is trading<\/a> just below a key resistance level at $490.89<\/strong>. If demand intensifies, the altcoin could break through this long-standing barrier and establish it as a new support. Such a scenario would then pave the way for a rally potential<\/strong> towards $556.60<\/strong>, a level not seen since last December.<\/p>\n\n\n

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\"BCH
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

However, a wave of profit taking<\/strong> could challenge this bullish outlook. In that case, Bitcoin Cash could retreat to $444.74<\/strong> before retesting the dynamic support line Span A of the Ichimoku cloud at $435.65<\/strong>.<\/p>\n\n\n\n

How to Buy Bitcoin Cash (BCH) on Bitget ?<\/h2>\n\n\n\n