Bitcoin Cash (BCH) Eyes $634 Breakout as Technical Indicators Signal Bullish Momentum
The post Bitcoin Cash (BCH) Eyes $634 Breakout as Technical Indicators Signal Bullish Momentum appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Sep 13, 2025 09:25
BCH price trades at $604 with strong bullish signals emerging. Technical analysis suggests potential rally to $634-$700 range as momentum builds.
Quick Take • BCH currently trading at $604.00 (+2.18% in 24h) • Bitcoin Cash RSI at 57.29 with bullish MACD crossover signaling upward momentum • Analysts predict BCH price breakout targeting $634-$700 range in September What’s Driving Bitcoin Cash Price Today? Bitcoin Cash has gained significant attention this week following bullish price predictions from market analysts. On September 7th, crypto analysts released forecasts suggesting BCH price could target the $634-$700 range, supported by favorable technical indicators and anticipated network developments. These projections were reinforced by earlier analysis from September 4th that identified similar price targets. While these optimistic forecasts haven’t immediately triggered explosive price action, they’ve contributed to steady accumulation and positive sentiment around Bitcoin Cash. The BCH price has responded with measured gains, rising 2.18% in the past 24 hours to reach $604, positioning itself for a potential breakout above key resistance levels. The market appears to be digesting these bullish predictions while waiting for confirmation signals. Despite the relatively muted immediate response, the technical setup continues to align with analyst expectations, suggesting the predicted rally could materialize in the coming weeks. BCH Technical Analysis: Bullish Signals Emerge Bitcoin Cash technical analysis reveals compelling bullish momentum building across multiple timeframes. The most significant signal comes from BCH’s MACD indicator, which shows a value of 8.8416 above its signal line at 6.9396, creating a positive histogram of 1.9020 that confirms strengthening upward momentum. The BCH RSI reading of 57.29 places Bitcoin Cash in neutral territory, providing ample room for upward movement before reaching overbought conditions. This positioning is particularly favorable as it suggests the current…
Filed under: News - @ September 14, 2025 2:14 am