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Bitcoin Cash Price Prediction – Will BCH Price Hit $1200 in 2022?

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  • Bullish BCH price prediction ranges from $603.0 to $822.8.
  • BCH prices might also reach $1,200 soon.
  • BCH bearish market price prediction for 2022 is $195.

This Bitcoin Cash (BCH) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key measures that we have taken into consideration upon coming up with our BCH price analysis and prediction.

The cryptocurrency market has started to surge again. There are many virtual assets that surged to a new all-time high during the recent 2022 bull run. In contrast, some digital assets had shown a downtrend as well. As a result, many digital asset investors and traders are confused about whether it is time to hold or sell the digital asset for a good price. This is the same case for BCH.

Nevertheless, the crypto market is consolidating lately, and most digital assets are losing their previous profits. Is the scenario the same with the BCH price? We’ll find out shortly in this BCH price analysis 2022 article. But first, let’s have a quick background on what BCH is.

What is Bitcoin Cash (BCH)?

Bitcoin Cash (BCH) has regained its position as one of the top 30 cryptocurrencies in terms of market capitalization. This may have happened because of the mass buying that we saw from crypto traders.

Bitcoin Cash was a fork of Bitcoin as a result of a chain split. However, BCH was formed when a group of Bitcoin developers became dissatisfied with Bitcoin’s overall scalability direction.

Now that we already have an idea about Bitcoin Cash, do you think BCH will be profitable crypto in 2022? Are you already interested to know? Therefore, join me and let us check the charts in this BCH price analysis and price prediction for 2022.

Bitcoin Cash (BCH) Current Market Status

Bitcoin Cash is one of the most prominent crypto assets in the market today. In fact, crypto was able to record a huge growth rate of over 18.8% in the past two weeks. For this reason, BCH has become one of the most talked-about digital assets in the crypto world.

In terms of its market standing, crypto stands itself as one of the most aggressive cryptocurrencies in CoinGecko. As a result, BCH price trades at $338.46 with a 24-hour trading volume of $4,423,191,280.

Now that you already have an idea about what Bitcoin Cash cryptocurrency is, do you think Bitcoin Cash is a good investment this year? If you are ready to know, come let us check together this Bitcoin Cash price prediction and price analysis article.

Bitcoin Cash Price Analysis 2022

Currently, BCH holds 25th place on CoinGecko. But will the recent upgrades, development, and changes in the blockchain help the digital asset price to reach higher? Let’s proceed to the charts in this BCH price prediction article.

BCH/USDT 1Day Chart Showing Keltner Channel
BCH/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

The price of BCH is falling from the top curve of the Keltner Channel as seen in the chart above. This shows that it could be approaching a downtrend.

BCH/USDT 1Day Chart Showing the Relative Strength Index
BCH/USDT 1Day Chart Showing the Relative Strength Index (Source: Tradingview)

The relative strength index (RSI) value of Bitcoin Cash (BCH) above is 53.14 which indicates a strong trend. Hence, the present rise in its price is expected to continue for a while before a reversal.

BCH/USDT 1Day Chart Showing the 200-MA and 100-MA
BCH/USDT 1Day Chart Showing the 200-MA and 100-MA (Source: Tradingview)

The 200-MA is above the 100-MA in the BCH/USDT chart above. This implies that the long-term price of Bitcoin Cash (BCH) is bullish in 2022.

Bitcoin Cash Price Prediction 2022

As shown below in this BCH price forecast chart, in a smaller time frame, BCH has shown a bullish uptrend. The price of BCH could surge to $397.3 at resistance1 and even move higher to $822.8, a bullish signal for 2022.

BCH/USDT 1Day Chart Showing the Resistance and Support Levels
BCH/USDT 1Day Chart Showing the Resistance and Support Levels (Source: Tradingview)

Conversely, the bears might have their way, and the price of Bitcoin Cash (BCH) would plummet to about $261.3 and then lower to $195 which is the bearish signal for 2022.

However, the price of BCH is expected to be bullish in 2022 and could break many psychological resistances and reach $1200 in 2022.

Bitcoin Cash Price Prediction 2022

If BCH’s bullish trend continues, BCH will reach $822.8 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $603. Then this rise will decrease, but no major falls are expected. With upcoming partnerships, and developments reaching $1,200 is quite optimistic in the price point of view but undoubtedly feasible for the near future. This indicates that BCH has a high possibility of reaching a new ATH soon.

Bitcoin Cash Price Prediction 2023

The price of BCH can move even great heights, however reaching $2000. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency BCH breaks past the psychological resistance level.

Bitcoin Cash Price Prediction 2024

As per the latest upgrades, developments, BCH price prediction, and new project forecasts of the platform the price surges. Moreover, this might boost the price of BCH in the crypto market, and it will be the best investment as the price can spike and reach around $3,500.

Bitcoin Cash Price Prediction 2025

In the next four years, BCH prices could rise up to $5,000. However, reaching this level could not be so difficult for BCH as additional medium, short-term, and long-term price targets could be found to purchase or sell orders.

Bitcoin Cash Price Prediction 2026

With a Relative strength index (RSI) above 60 by the end of 2025, the price of BCH could reach $10,000 by the end of 2026.

Conclusion

BCH has a great future ahead of it in 2022. With ongoing developments happening within the BCH ecosystem, as well as in the overall crypto market, we may see BCH reach new heights. The bullish price prediction of BCH is $822.8.

Meanwhile, our long-term BCH price prediction for 2022 is bullish. By 2025, it will have a high possibility of surpassing its current all-time high (ATH) at about $3,785, as per CoinGecko. However, that will only happen if it breaks past a number of psychological resistances. Also, if investors have decided that BCH is a good investment in 2022 along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Bitcoin Cash (BCH)?

Bitcoin Cash (BCH) is a digital asset that is a fork of Bitcoin. Moreover, BCH shares much of Bitcoin’s fundamental workings. BCH has regained its position as one of the top 15 cryptocurrencies in terms of market capitalization.

How to Buy BCH Tokens?

Like other digital assets in the crypto world, BCH can be traded on many exchanges. All the interested traders can simply go to crypto exchanges such as Binance or Huobi Global.

Will BCH Surpass its Current ATH?

BCH is a good investment in 2022. However, BCH has a high possibility of surpassing its current ATH at about $1,200 this year.

Is BCH a good investment?

Bitcoin Cash is one of the silent cryptocurrencies that enter 2022 along with the bullish market. If this trend continues, crypto might have the chance to experience a bright future ahead.

Will BCH price hit above $1K in 2022?

Yes, as per the current trend it is very much possible that BCH hit $1200 before 2022 ends.

What will be the Bitcoin Cash (BCH) price by 2023?

Bitcoin Cash (BCH) price is expected to reach $2.000 by 2022.

What will be the Bitcoin Cash (BCH) price by 2024?

Bitcoin Cash (BCH) price is expected to reach $3,500 by 2023.

What will be the Bitcoin Cash (BCH) price by 2025?

Bitcoin Cash (BCH) price is expected to reach $5,000 by 2024.

What will be the Bitcoin Cash (BCH) price by 2026?

Bitcoin Cash (BCH) price is expected to reach $10,000 by 2026.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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