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Will Bch reach $ 632? Collapse star-news.press/wp

  • Currently, merchants are excessive at $ 458.7 on the underside and $ 486.9 on the upper side.
  • Despite the uncertainty in the market, BC rose by 20 %, and experts believe that it may continue its upward momentum.

Despite the ongoing geopolitical tensions between Israel and Iran, Bitcoin Cash (BCH) is still flexible and enjoys attention from encryption lovers due to its impressive performance.

After a period of recession, Bch rose more than 20 %, which prompted bold predictions of investors and experts alike.

Analysts make bold predictions for Bitcoin Cash (BCH)

Looking at the current market morale, many bold predictions appeared on X (previously Twitter). On June 16, 2025, follow well Encryption male,

“The price can remain on its way to its highest new levels, and an area of ​​$ 915 to $ 915 appears to be the perfect goal.”

At the same time, another analyst Make a bold prediction, set up budget goals for Cash at $ 625, $ 1,245, and $ 1,830 – as long as the price exceeds the support area of ​​380 – 400 dollars.

In the post, the expert stated,

“Bitcoin Cash erupts from a multi -accumulated area, forms a round bottom, and shows a strong weekly export momentum.”

These are not the only predictions that experts and analysts have made about BCH, but they highlight the increasing interest and confidence originally despite the ongoing geopolitical tensions.

Significance of measures on the series mixed feelings

However, retailers and their long -term holders see that the last boom is an ideal time to take advantage of that, as they were found they receive their BCH, according to the analysis company on the series Coinglass.

BC

Source: Coinglass

Instant external flow/flow data reveals that exchanges through the encryption scene have recorded a $ 2.52 million flow of Bch in the past 24 hours.

This prominent flow, given the current market structure, indicates a potential dumping by BCH holders and can stop the bullish momentum.

The derivative market displays the tilt of difficulty

Meanwhile, merchants were found during the day betting alongside the BCH step, because the number of long situations is more than twice the number of short situations.

Data shows that merchants are currently being excessive in $ 458.7 on the bottom side (support) and $ 486.9 on the upper side (resistance).

Bch exchange filter mapBch exchange filter map

Source: Coinglass

At these levels, traders have built long jobs worth $ 11.47 million and $ 5.34 million in short positions, indicating that the bulls are currently dominating, which seems to support BCH to continue its upscale momentum.

Current market feelings

At the time of the press, BCH was trading near $ 471 after increasing the price of more than 4.21 % over the past 24 hours. During the same period, the trading volume increased by 15 %, indicating an increase in the participation of merchants.

According to Ambcrypto’s technical analysis, Bch looked upward at the time of the press. With the last gathering, it has now reached the key resistance level of $ 485. This level has a strong history of price repercussions.

Bitcoin Cash (BCH) workBitcoin Cash (BCH) work

Source: Trading Offer

The daily graph shows that the higher the price of the original at this level, it faces tremendous pressure for sale, which leads to momentum on the negative side.

If the current momentum remains, the BCH’s success violates the level of resistance, there is a strong possibility that it will rise by 30 % and reach the level of $ 632 in the future.

On the other hand, if the feelings are shifted and sales pressure, the same date may be repeated, and the price may suffer from negative momentum in the coming days.

Next: Ripple and SEC want to stop the appeal – is the ruling on penetration soon?

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2025-06-17 16:00:00

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