- Traders are currently over-leveraged at $458.7 on the lower side and $486.9 on the upper side.
- Despite market uncertainty, BCH has soared 20%, and experts believe it could continue its upward momentum.
Despite ongoing geopolitical tensions between Israel and Iran, Bitcoin Cash [BCH] remains resilient and is gaining attention from crypto enthusiasts due to its impressive performance.
After a period of stagnation, BCH has surged over 20%, prompting bold predictions from investors and experts alike.
Analysts make bold predictions for Bitcoin Cash (BCH)
Given the current market sentiment, several bold predictions have surfaced on X (formerly Twitter). On June 16, 2025, a well-followed crypto analyst noted,
“The price could still be working its way to new highs, and the $903–$915 area seems like an ideal target.”
Meanwhile, another analyst made a bold prediction, setting upside targets for Bitcoin Cash at $625, $1,245, and $1,830 — as long as the price holds above the key $380–$400 support area.
In the post, the expert stated,
“Bitcoin Cash is breaking out from a multi-month accumulation zone, forming a rounded bottom, and showing strong weekly bullish momentum.”
These are not the only predictions experts and analysts have made about BCH, but they highlight the rising interest and confidence in the asset despite ongoing geopolitical tensions.
On-chain metrics signal mixed sentiment
However, retailers and long-term holders see the recent surge as a perfect time to capitalize, as they were found dumping their BCH holdings, according to the on-chain analytics firm CoinGlass.
Source: CoinGlass
Data from the spot inflow/outflow reveals that exchanges across the crypto landscape have recorded an inflow of $2.52 million worth of BCH in the past 24 hours.
This notable inflow, given the current market structure, indicates potential dumping by BCH holders and could halt the upside momentum.
Derivatives market shows bullish tilts
Meanwhile, intraday traders have been found betting alongside the BCH move, as the number of long positions is more than double that of short positions.
Data shows that traders are currently over-leveraged at $458.7 on the lower side (support) and $486.9 on the upper side (resistance).
Source: CoinGlass
At these levels, traders have built $11.47 million worth of long positions and $5.34 million worth of short positions, indicating that bulls are currently dominating, which appears to support BCH in continuing its upside momentum.
Current market sentiment
At press time, BCH traded near $471 after a price surge of over 4.21% in the past 24 hours. During the same period, its trading volume soared by 15%, indicating heightened participation from traders.
According to AMBCrypto’s technical analysis, BCH appeared bullish at press time. With the recent rally, it has now reached its key resistance level of $485. This level has a strong history of price reversals.
Source: Trading View
The daily chart shows that whenever the asset’s price reaches this level, it faces massive selling pressure, resulting in downside momentum.
If the current momentum remains unchanged and BCH successfully breaches the resistance level, there is a strong possibility that it could soar by 30% and reach the $632 level in the future.
On the other hand, if sentiment shifts and selling pressure reappears, history may repeat itself, and the price could experience downside momentum in the coming days.
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