Bitcoin Cash (BCH) is capturing investors’ attention after an 18.54% price surge in the last 24 hours. The $7.5 billion altcoin is showing signs of a major breakout, with analysts forecasting a potential rally to $4,100 in the next one to three months. This would represent an astounding 1,013% gain from its current price of $368.33.
Bitcoin Cash Mirrors 2017 Bull Run
Crypto analyst “salx” has highlighted striking similarities between BCH’s current price action and its historic rally in late 2017. Back then, Bitcoin Cash skyrocketed from $312 on October 9 to $4,100 by December 18, marking a 1,200% increase within just two months.
$BCH Bitcoin Cash:
— salx (@salvatore1x) March 2, 2025
October 9th 2017 – $312
December 18th 2017 – $4,100
Top to bottom cup and handle breakout: $4,100
We are about to repeat 2017 move in 30-90 days pic.twitter.com/JzFTeUZCY9
Salx points to a ‘cup and handle’ formation on the BCH chart, a bullish technical indicator that often precedes explosive price movements. The key breakout level is $4,100, mirroring its 2017 peak. If history repeats itself, Bitcoin Cash could be set for a similar parabolic move within the next 30 to 90 days.
BCH Eyes 77.56% Gains in the Short Term
Supporting this bullish outlook, analyst World Of Charts predicts a significant rally if BCH breaks through key resistance levels. He highlights that BCH was previously trading within a descending channel before its recent breakout, which led to a 94.55% surge. Based on historical patterns, he anticipates another breakout could drive BCH up by 77.56%, reaching approximately $625 in the near term.
$Bch #Bch Last Time Bitcoin Cash Gives 80%+ Bullish Wave After Successful Breakout, Expecting Same Move After This Time Too, Still It Needs To Clear Trendline Resistance. https://t.co/1qhhAc04Qw pic.twitter.com/GcuMtlKiLG
— World Of Charts (@WorldOfCharts1) March 5, 2025
Bitcoin’s Influence on BCH’s Price Trajectory
As Bitcoin itself is expected to reach as high as $200,000 by the end of 2025, renewed investor interest in major cryptocurrencies could significantly boost Bitcoin Cash. Historically, BCH has followed Bitcoin’s broader market trends, making its future performance closely tied to BTC’s movements.
However, the crypto market in 2025 could be vastly different from previous cycles. Increased regulations, institutional investments, and macroeconomic factors may play a bigger role in shaping Bitcoin Cash’s trajectory.
Also Read: Bitcoin ETFs Bleed $143M as Trump’s Crypto Stance Shakes Investors, Ethereum ETFs Rebound
For now, BCH appears to be on the brink of a major breakout, and if analysts’ predictions hold true, it could be one of the biggest gainers in the coming months.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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