Why did the price of BCH go up?

Bitcoin Cash (BCH) increased by 2.34% over the last 24 hours, reaching $505.37. This performance is better than its recent 7-day (-4.19%) and 30-day (-4.65%) declines. The rise is supported by strong technical signals, positive analyst outlooks, and renewed interest in its peer-to-peer payment features.

1. Technical Breakout – Broke past $487 resistance, aiming for $576–$580.
2. Analyst Optimism – Seen as a top crypto for 2025 with price targets between $1,000 and $1,500.
3. Market Rotation – Altcoin season index increased by 3.12% as Bitcoin’s market share dipped.

Deep Dive

1. Technical Breakout (Positive Signal)

Overview: On November 5, 2025, BCH surpassed a key resistance level at $487, climbing to $495.30 with a 78% jump in trading volume. It’s currently trading above its 7-day simple moving average (SMA) of $494.17 and a pivot point at $499.24. Technical analysis using Fibonacci retracement points to the next resistance around $545.86.

What this means: This breakout suggests growing buying interest and momentum, attracting short-term traders. Holding above $500 could confirm a longer-term upward trend. However, some indicators like MACD (-1.74) and RSI (46–47) are neutral, meaning the price could still experience swings.

What to watch: If BCH closes above $520, it could spark a rally toward $576–$580. If it falls below $487, some investors might take profits, causing a pullback.

2. Analyst Sentiment & Adoption (Positive Outlook)

Overview: BCH was highlighted in a November 9 report as a leading cryptocurrency for 2025, thanks to its ability to scale and its use for peer-to-peer payments. Companies like PayPal now support BCH, making it easier for users to access and use.

What this means: Institutional investors are showing more interest, with large holders (“whales”) managing $6.4 billion in related derivatives. Positive media coverage is also encouraging retail investors to buy, boosting demand in the short term.

What to watch: Keep an eye on BCH’s upcoming network upgrades, such as faster transaction speeds, and any new filings for institutional exchange-traded funds (ETFs).

3. Altcoin Momentum & Bitcoin Correlation (Mixed Signals)

Overview: BCH’s price increase happened alongside a 4.44% rise in the total cryptocurrency market value. The altcoin season index, which measures how well alternative coins perform compared to Bitcoin, rose by 3.12%. Meanwhile, Bitcoin’s dominance in the market slightly dropped to 59.25%.

What this means: Traders are shifting some investments into mid-sized altcoins like BCH as Bitcoin consolidates below $100,000. However, BCH’s price still closely follows Bitcoin’s movements (with a strong weekly correlation of 0.94). So, if Bitcoin’s price falls, BCH could also lose value.

Conclusion

Bitcoin Cash’s recent price increase is driven by strong technical momentum, positive analyst forecasts, and a broader shift toward altcoins. The $500–$520 price range is a key area to watch for continued gains. Traders should also monitor Bitcoin’s price trends, as BCH’s performance is closely linked.

Key question: Will BCH close above $520 to confirm its breakout, or will Bitcoin’s price swings determine BCH’s next move?

What could affect the price of BCH?

Bitcoin Cash is currently navigating a push and pull between important technical upgrades and regulatory challenges.

1. Smart Contract Upgrades – Protocol improvements coming in May 2025 enhance Bitcoin Cash’s ability to support decentralized finance (DeFi) applications.
2. ETF Speculation – Grayscale’s application for a Bitcoin Cash ETF, filed in September 2025, faces uncertain approval from the U.S. Securities and Exchange Commission (SEC).
3. Whale Volatility – Large holders caused transaction volumes to spike by 122% in July 2025, leading to significant price swings.

Deep Dive

1. Protocol Upgrades & DeFi Push (Positive Outlook)

Overview:
In May 2025, Bitcoin Cash underwent a major update called the Velma hard fork. This upgrade introduced features like VM Limits and BigInt, which significantly improve the network’s smart contract capabilities. These changes make Bitcoin Cash more competitive with platforms like Ethereum by allowing more complex decentralized finance (DeFi) applications and increasing computational efficiency by up to 100 times (Levex).

What this means:
These improvements could attract more developers and users to the Bitcoin Cash network, increasing demand. Early projects such as Cashonize Wallet and Future Bitcoin Cash (FBCH) are already using these new features, showing early signs of adoption.

2. Regulatory Risks & ETF Uncertainty (Mixed Outlook)

Overview:
Grayscale filed for a Bitcoin Cash ETF in September 2025, but the SEC’s approval remains uncertain, partly due to delays caused by the ongoing U.S. government shutdown (BTCHaber). Additionally, Tether stopped supporting Bitcoin Cash’s Simple Ledger Protocol (SLP) tokens as of September 1, 2025, which reduces liquidity on the network.

What this means:
If the ETF is approved, it could bring more institutional investors into Bitcoin Cash, boosting demand. However, regulatory delays and Tether’s withdrawal create short-term challenges. Bitcoin Cash remains sensitive to broader changes in cryptocurrency regulations.

3. Whale-Driven Price Swings (Potential Risk)

Overview:
In July 2025, large holders (often called “whales”) moved 957,440 BCH, worth about $482 million. This activity coincided with a 75% price increase followed by sharp corrections. Since August, whale activity has dropped by 78% (CoinDesk).

What this means:
Because the top 1% of holders control 44% of Bitcoin Cash supply, their actions can cause big price swings. This creates risks for everyday traders, who may face sudden losses during these volatile periods.

Conclusion

Bitcoin Cash’s future price depends on how well it balances its technical improvements with regulatory and liquidity challenges. The smart contract upgrades position it well for long-term growth, but delays in ETF approval and the influence of large holders add short-term uncertainty.

Key question: Will Bitcoin Cash maintain developer interest after the October Electronic Cash Conference while navigating the SEC’s decisions on spot ETFs?

What are people saying about BCH?

Traders of Bitcoin Cash (BCH) are watching key price levels closely, preparing for possible moves up or down. Here’s the latest:

1. Sideways movement near $471 resistance (October 19, 2025)
2. Upward trending channel aiming for over $600 if $572 is surpassed (August 7, 2025)
3. Long-term cup-and-handle pattern pointing toward $1,157 (September 5, 2025)

In-Depth Look

1. @PunkChainer: Sideways trading near key resistance

“Monitorear el breakout de $471.17... Resistencia alrededor de $471.17”
– @PunkChainer (3.4K followers · October 19, 2025, 02:10 UTC)
View original post
What this means: BCH is currently moving sideways near the $471 mark. If it breaks above this level, we could see a short-term gain of about 3.5% to $481. However, if it falls below $463, a small drop of around 2% might follow.

2. CoinMarketCap Community: Bullish channel targeting $664

“BCH is trading within a bullish ascending channel… target $607 and $664”
– CoinMarketCap Community post (August 7, 2025, 15:12 UTC)
View original post
What this means: BCH is showing signs of an upward trend as long as it stays above $520. Falling below that could break this pattern and lead to a 15% drop down to $440 support.

3. @VipRoseTr: Potential long-term breakout to $1,157

“Breaking 2-year falling channel… targets $776 → $960 → $1,157”
– @VipRoseTr (63.9K followers · September 5, 2025, 21:45 UTC)
View original post
What this means: BCH is showing a strong long-term bullish pattern, but it needs steady momentum to reach higher targets. The $776 level is important because it matches BCH’s high from 2021 and acts as a psychological hurdle.

Summary

The outlook for BCH is mixed. Technical signals like ascending channels and long-term patterns suggest potential gains, but if BCH falls below $520, it could trigger a downward move. Keep an eye on the $572 weekly close and large whale transactions for clues on the next direction. For example, on October 28, 2025, 86,900 BCH were traded within one hour, indicating strong institutional interest.

What is the latest news about BCH?

Bitcoin Cash (BCH) is gaining momentum thanks to positive analyst outlooks and new support from PayPal. Here’s the latest update:

1. Price Jump & Analyst Goals (Nov 9, 2025) – BCH broke above $550, with targets now between $1,000 and $1,500 as payment adoption grows.
2. Technical Breakout (Nov 5, 2025) – BCH surpassed $487 resistance on strong trading volume, showing bullish signs.
3. PayPal Support (Nov 8, 2025) – PayPal added BCH to its platform, making it easier for over 435 million users to access.

Detailed Overview

1. Price Jump & Analyst Goals (Nov 9, 2025)

What happened:
Bitcoin Cash’s price climbed past $550. Analysts are optimistic because BCH is scalable and benefits from Bitcoin’s overall market recovery. Price targets now range from $1,000 to $1,500. This optimism is fueled by increased peer-to-peer use in developing countries and interest from institutions, especially since BCH has a fixed supply capped at 21 million coins.

Why it matters:
This is a positive sign for BCH, as it has historically held up well during Bitcoin-driven market rallies. However, for BCH to keep this momentum, Bitcoin needs to stay strong, and BCH must avoid regulatory challenges that could affect older blockchain networks. (CoinMarketCap)

2. Technical Breakout (Nov 5, 2025)

What happened:
BCH’s price rose 3.3% to $491.80, breaking through the $487 resistance level with trading volume 78% higher than usual. The price formed higher lows, indicating stronger support at $479 and resistance near $495.

Why it matters:
This breakout suggests short-term confidence among traders. The $500 mark is a key psychological level to watch. If BCH closes above $495, it could trigger a wave of buying driven by fear of missing out (FOMO). On the other hand, if the price falls below $479, it might test the lower support around $460. (CoinDesk)

3. PayPal Support (Nov 8, 2025)

What happened:
PayPal has added Bitcoin Cash to its list of supported cryptocurrencies. This allows its 435 million+ users to easily convert BCH to and from traditional currencies. This move follows BCH’s increasing use for sending money across borders.

Why it matters:
PayPal’s endorsement is a big boost for BCH, potentially speeding up adoption among everyday users. However, BCH still faces competition from other blockchain networks like Solana and Ethereum Layer 2 solutions, which are also vying to become the preferred payment method. (Yahoo Finance)

Conclusion

Bitcoin Cash is showing strong technical signals, has solid price targets from analysts, and now benefits from PayPal’s mainstream platform. Still, its future growth depends on Bitcoin’s market stability and how well BCH can compete with other payment-focused blockchains. The key question remains: can Bitcoin Cash use its brand to regain its spot as the top Bitcoin fork?

{{technical_analysis_coin_candle_chart}}

What is expected in the development of BCH?

Bitcoin Cash is moving forward with several key updates:

1. Velma Hard Fork (May 15, 2025) – Adds better smart contract features and supports decentralized finance (DeFi) applications.
2. Protocol Spec Collaboration (2025–2026) – Creating a shared guide for software upgrades to keep all Bitcoin Cash clients in sync.
3. 2-Minute Block Proposal (Date TBD) – Considering speeding up transaction processing by cutting block times from 10 minutes to 2 minutes.

Deep Dive

1. Velma Hard Fork (May 15, 2025)

What happened: The Velma upgrade introduced new tools like VM Limits and BigInt CHIPs, which let Bitcoin Cash handle more advanced smart contracts. This helps BCH compete with platforms like Ethereum and Solana in the DeFi space. To prepare, node operators had to update their software before the upgrade.

Why it matters: This upgrade makes Bitcoin Cash more attractive to developers by allowing more complex applications. However, its success depends on wallets and decentralized exchanges (DEXs) adopting these new features smoothly.

2. Protocol Spec Collaboration (2025–2026)

What’s planned: Developers working on Bitcoin Cash Node want to create a shared repository for upgrade details (GitLab). This will help different software versions like Knuth and Flowee stay coordinated and reduce confusion.

Why it matters: This effort could boost confidence among investors and users by making upgrades clearer and more organized. But if teams don’t fully cooperate, progress could slow down.

3. 2-Minute Block Proposal (Date TBD)

What’s proposed: Some community members suggest cutting block times from 10 minutes to 2 minutes to speed up transactions, aiming to match the fast settlement times of networks like Solana and Hedera. This change would require agreement from the community and a major software update called a hard fork.

Why it matters: Faster blocks would make Bitcoin Cash more practical for everyday payments. On the downside, shorter block times can lead to more orphaned blocks (blocks that get discarded), and miners might resist because it could increase their costs.

Conclusion

Bitcoin Cash is focusing on improving its technology with the Velma upgrade and making sure its software upgrades are well-coordinated through shared specifications. The idea to speed up blocks to 2 minutes is exciting but comes with risks. The success of these plans depends on how well developers and miners work together to make them happen.

What updates are there in the BCH code base?

Bitcoin Cash has recently updated its technology to improve smart contract features and make the network more efficient.

1. Velma Upgrade (May 2025) – Introduced VM Limits and BigInt to support more advanced smart contracts.
2. Transaction Size Reduction (2023) – Lowered the minimum transaction size to 65 bytes, allowing for more flexible transactions.

Deep Dive

1. Velma Upgrade (May 2025)

Overview:
In May 2025, Bitcoin Cash rolled out a major network upgrade with two key improvements: VM Limits (CHIP-2021-05) and BigInt (CHIP-2024-07). These changes make smart contracts more powerful and capable of handling complex financial tasks.

VM Limits removed the previous cap on operations (which was 201) and increased the allowed size of data elements from 520 bytes to 10,000 bytes. This means smart contracts can now use about 100 times more computing power. BigInt lifted the limit on numbers from 8 bytes, allowing for very precise calculations needed in decentralized finance (DeFi), encryption, and connecting different blockchains.

Why it matters:
This upgrade is a positive step for Bitcoin Cash, making it a stronger platform for low-cost, fast transactions and advanced smart contracts. Developers can now create more complex applications, potentially attracting projects similar to those on Ethereum.

(Bitcoin Cash 2025 Network Upgrade)

2. Transaction Size Reduction (2023)

Overview:
In 2023, Bitcoin Cash lowered the minimum transaction size from 100 bytes to 65 bytes. This change fixed compatibility issues with mining software and made it easier to handle smaller transactions.

Why it matters:
This update is somewhat positive for Bitcoin Cash because it removes unnecessary extra data in transactions and makes it easier for developers to adapt tools from Bitcoin. However, this change mostly affects the technical side and is less noticeable to everyday users.

(GitLab Merge Request)

Conclusion

Bitcoin Cash’s recent upgrades focus on making the network more scalable and flexible for smart contracts. These improvements position BCH as a practical choice for decentralized applications. While the Velma upgrade brings important technical advances, its success depends on how many developers start building on the platform. Could Bitcoin Cash’s new features spark a DeFi ecosystem that competes with Ethereum?