The post Bitcoin Cash Price Prediction 2024 – 2030: Is Bitcoin Cash The Best Investment for 2024? appeared first on Coinpedia Fintech News
Story Highlights
BCH crypto price may reach a potential high of around $435 by the end of 2024.
Bitcoin Cash price, with a potential surge, may reach up to $2,090 by the end of 2030.
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Amidst the market-wide recovery, Bitcoin Cash comes as a quick-to-react altcoin to any significant price movements in the biggest crypto, Bitcoin. As a close cousin to the oldest crypto, the BCH price finds the recent surge in Bitcoin as an additional push.
With the Bitcoin Halving coming this April, on the 19th, the BCH price could surge above the psychological mark of $500. Further, the sideline traders expect the altcoin to reach the quadruple-digit mark.
“Will Bitcoin Cash go up further?” Is this the question playing on your mind? Or perhaps you’re pondering, “Bitcoin Cash, is it a good investment?”
We bring you our Bitcoin Cash price prediction for 2024-2030 to answer these questions. Our BCH price prediction for 2024-2030 covers technical analysis, on-chain analysis, and significant upgrades and partnerships that can prove bullish for Bitcoin cash.
So join us as we decode the possible BCH price prediction for future years.
Table of contents
Story HighlightsOverviewBCH Coin Price Prediction July 2024BCH Price Prediction 2025Bitcoin Cash (BCH) Price Prediction 2026 – 2030BCH Bitcoin Cash Price Prediction 2024 – 2030AI Predicts Bitcoin Cash (BCH) Price Bitcoin Cash Price SentimentsFAQs
Overview
CryptocurrencyTokenPrice Market CapTrading VolumeCirculating SupplyAll-time High$4,355.62 Dec 20, 2017All-time Low$75.08 Dec 15, 201824 High24 Low
What’s New With Bitcoin Cash (BCH)?
Bitcoin Cash is a P2P electronic money that aims to become sound global money.
It is a fork of Bitcoin and provides fast payments, micro fees, privacy, and a larger block size.
The recent surge raises the possibility of BCH’s price reaching $435 by the end of 2024.
The Simple Ledger Protocol (SLP) helps create new types of coins in the BCH system.
The fourth Bitcoin halving is expected to occur in April 2024, which could lead to an increase in the price of Bitcoin Cash.
More importantly, the SEC’s approval of Bitcoin ETF is a crucial catalyst for further recovery.
BCH Coin Price Prediction July 2024
Following the bullish journey of Bitcoin Cash, recording a 143% surge in six weeks, elevating its value from $260 to well beyond $600, the altcoin undergoes a pullback. With an evening star pattern in the weekly chart, the BCH price struggles to sustain above the $500 mark.
The BCH price recently retested the $350 mark or the 50D EMA. However, a quick surge in buying pressure brings the BCH price back. This successful reversal reflects immense underlying demand and teases a morning star pattern arising from the weekly golden crossover.
As the bullish surge continues to build, the BCH price is now targeting the $600 level. With the market’s momentum expected to increase, the altcoin’s price could optimistically hit the $700 threshold.
Bitcoin Cash Price PredictionPotential Low ($)Average Price ($)Potential High ($)July 2024$300$500$700
Bitcoin Cash Implements Adaptive Blocksize Limit in Latest Upgrade
Bitcoin Cash has completed its latest network upgrade, introducing the adaptive blocksize limit (ABL) algorithm. This algorithm automatically adjusts the block size limit based on the network’s transaction load, ensuring efficient scaling without manual intervention. Supporters argue this change aligns with Bitcoin’s original vision of low fees and fast confirmations.
The ABL uses an exponentially weighted moving average (EWMA) to dynamically manage block sizes, maintaining network efficiency and responsiveness. This upgrade aims to reduce transaction bottlenecks and enhance Bitcoin Cash’s practicality for global transactions.
Is Bitcoin Cash a Good Investment in 2024?
Bitcoin Cash remains an underrated investment with strong potential for 2024. In the Bitcoin halving year, historically a catalyst for market-wide price surges, adds to its appeal. Despite the emergence of newer and higher-performing cryptocurrencies, Bitcoin Cash offers distinct advantages such as lower transaction fees and faster processing times.
In addition to these strengths, the anticipated altcoin season in late 2024 could further boost Bitcoin Cash’s performance. During this period, many alternative cryptocurrencies are expected to see significant price increases, and Bitcoin Cash, with its established infrastructure and loyal community support, is well-positioned to benefit.
Bitcoin Cash Price Prediction 2024
Bitcoin Cash, often seen as Bitcoin’s savvy cousin, is riding a wave of excitement in the crypto world. The trading volume is up, giving a solid boost to its price. And the green light for Bitcoin Spot ETFs has sent BCH prices soaring, painting the market with green candles in a bullish breakout.
There’s a buzz in the air as Bitcoin flirts with the $50K mark, and this momentum could be just the ticket for a Bitcoin Cash price jump in 2024. Similarly, Bitcoin Cash (BCH) has recently shown a promising rise, close to hitting the $300 milestone with impressive growth.
With the green light for Bitcoin Spot ETFs, the crypto scene is buzzing, and Bitcoin’s looking up. BCH, closely linked to Bitcoin, is also on the radar for a price hike post-ETF approval. The upcoming Bitcoin Halving event, coupled with potential rate cuts, could turbocharge this bull run.
Meanwhile, in the technical charts, the long-term growth reflects a strong bullish journey for BCH’s price trend. The overall uptrend with an improvement in investors’ sentiment can drive the Bitcoin Cash (BCH) coin price to $435.51 by the end of 2024.
However, on the flip side, the Bitcoin Cash price might bottom out at $250.
Bitcoin Cash Price PredictionPotential Low ($)Average Price ($)Potential High ($)2024$250$625$1500
BCH Price Prediction 2025
The year 2025 could signal growth for BCH, with prices potentially oscillating between a low of $592 and a high of $711. The average price during this period could stand at $651.
BCH Price Prediction Potential Low ($)Average Price ($)Potential High ($)BCH Price Prediction 2025$692$1151$1711
Bitcoin Cash (BCH) Price Prediction 2026 – 2030
Bitcoin Cash Price PredictionPotential Low ($)Average Price ($)Potential High ($)2026$1793.11$2022.81$2805.872027$2646.31$3054.97$3601.342028$3039.51$3747.65$4545.742029$3596.78$449.87$5374.272030$4137.11$5196.47$6292.56
Bitcoin Cash Price Prediction 2026:
For the year 2026, Bitcoin Cash Price Prediction forecasts a low price of $1793.11, an average price of $2022.81, and a high of $2805.87.
BCH Price Prediction 2027:
In 2027, Bitcoin Cash Price Prediction projects a low price of $2646.31, an average price of $3054.97, and a high of $3601.34.
Bitcoin Cash Price Prediction 2028:
As per Bitcoin Cash Price Prediction 2028, BCH may see a potential low price of $3039.51. Meanwhile, the average price is predicted to be around $3747.65. The potential high for BCH price in 2028 is estimated to reach $4545.74.
BCH Price Prediction 2029:
Looking ahead to the Bitcoin Cash Price prediction 2029, Bitcoin Cash is expected to have a low price of $3596.78. With an average price of $449.87, the BCH price will make a high of $5374.27.
BCH Price Prediction 2030:
Finally, by 2030, Bitcoin Cash Price Prediction anticipates a low price of $4137.11, an average price of $5196.47, and a high of $6292.56.
BCH Bitcoin Cash Price Prediction 2024 – 2030
Market Analysis
Firm Name202420252026Long Forecast$314$231$148DigitalCoinPrice$536$632$879Trading Beasts$366$222–
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Bitcoin Cash Price Prediction
Coinpedia’s analysis suggests that Bitcoin Cash could potentially emerge as a more affordable version of Bitcoin.
Bitcoin Cash is a fork of Bitcoin that aims to become sound global money. It has a larger block size, is more affordable, and is popular for shopping. The price of Bitcoin Cash could reach $500 by 2024 due to factors such as the fourth Bitcoin halving, a potential altcoin season, and the SEC’s decision on a Bitcoin ETF.
The SEC’s decision on a Bitcoin ETF could also have an impact on the price of Bitcoin Cash. If the SEC approves a Bitcoin ETF, it could lead to an influx of institutional investors into the cryptocurrency market. This could drive up the prices of all cryptocurrencies, including Bitcoin Cash.
If the network gains some hype in the coming months. The BCH price can reach $435.51 in 2024. On the flip side, BCH price price can drop to $150 by the end of 2024.
We expect the BCH price to create a new 2024 high of $435.51 by 2024.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)2024150292435.51
AI Predicts Bitcoin Cash (BCH) Price
Portfolio Pilot, an AI-powered platform that predicts asset prices, has predicted that the price of BCH will reach $460 by the end of June 2024. This is based on a number of factors, including the current market conditions, the performance of BCH in the past, and the platform’s own algorithms.
Bitcoin Cash Price Sentiments
What was the initial price of Bitcoin Cash (BCH)?
On 1 August 2017, Bitcoin Cash began trading at about $240.
What is the all-time low (ATL) price of Bitcoin Cash (BCH)?
The all-time low price of Bitcoin Cash was $75.08 on December 15, 2018.
What is the all-time high (ATH) price of Bitcoin Cash (BCH)?
The all-time high price of Bitcoin Cash was $4,355.62 on December 20, 2017.
What is the year-to-date (YTD) performance of Bitcoin Cash (BCH)?
Bitcoin Cash started the year at $259 and is up by 28% in terms of YTD growth.
FAQs
Bitcoin Cash is a hard fork of Bitcoin, that aims at a decentralized peer-to-peer electronic cash system. Without relying on any central governing authority.
Bitcoin Cash is an underrated investment with a high chance of performing in 2024.
Bitcoin Cash focuses on resolving two of the major limitations of Bitcoin, which are scalability and transaction fees.
The price of BCH could surge to its potential high of $1500 by the end of 2024.
According to our Bitcoin Cash price prediction, BCH’s price could hit the maximum trade value of $711 by the end of 2025.
At the time of publishing, the price of 1 BCH was $493.44.