Bitcoin Cash Price Prediction 2024 – 2030: Is Bitcoin Cash The Best Investment for 2024?

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. 

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.

According to TradingView chart above, the BCH price recently retested the $450 mark or the 23.60% Fibonacci level. However, a quick surge in buying pressure brings the BCH price back above $550. This successful reversal reflects immense underlying demand.

As the bullish surge continues to build, the BCH price is now targeting the $700 level, corresponding to the previous peak. With the market’s momentum expected to increase due to the Bitcoin halving event, the altcoin’s price could optimistically hit the $1000 threshold.

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. 

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. 

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.

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.

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.

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.

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.

*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 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 2023. On the flip side, BCH price price can drop to $150 by the end of 2023.

We expect the BCH price to create a new 2023 high of $435.51 by 2023.  

PortfolioPilot

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 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.