BCH +0.69% on Short-Term Gains Amid Broader Market Downturn

On NOV 14 2025, Bitcoin Cash (BCH) rose by 0.69% within 24 hours to reach $481.6, reversing short-term losses amid a broader decline over the past week and month. Over the last seven days, BCH dropped 4.09%, while in the last 30 days, the price declined 9.76%. However, on an annual basis, the coin has posted a 11.14% gain, indicating resilience in the long term despite near-term volatility.

BCH’s recent performance contrasts with mixed activity in the broader financial sector. On the same date, several publicly traded entities released 10-Q reports, including Creative Media & Community Trust Corp and TruGolf Holdings, Inc. These updates reflect routine quarterly filings that are common among public companies but do not directly influence BCH’s price action.

A recent analyst report from Morningstar on Banco de Chile, which uses the ticker symbol BCH on the NYSE, provides a contrasting narrative. The bank, operating under three brand names and the second-largest in Chile by loan volume, reported subdued earnings driven by lower inflation adjustment income and weak loan growth. The report noted that 60% of the bank’s revenue comes from mortgage, unsecured consumer credit lines, and commercial loans. Despite the fair value analysis and moat rating, the bank’s financial performance has been under pressure, offering little clarity for investors looking to draw cross-asset parallels with BCH.

Technical analysis suggests BCH remains in a mixed phase, with short-term bullish momentum emerging from the 24-hour gain but facing headwinds from the broader market trend. Investors are monitoring whether the coin can consolidate above recent support levels or face renewed downward pressure as macroeconomic factors shift in the coming weeks.

Backtest Hypothesis

An event-based backtest of Banco de Chile’s (BCH.N) stock price movements around earnings dates since 2022 reveals limited but positive tendencies. Across 281 observations, the average cumulative excess return over a 30-day window was approximately +6.5%, compared to +3.9% for the benchmark index. This indicates a modest outperformance in the period following earnings releases. However, the statistical significance of these results remains low, suggesting the observed pattern is not reliably exploitable on its own.

The win-rate—defined as the proportion of positive outcomes—rises steadily to approximately 71% by day 30, but again, the lack of strong statistical confidence implies that investors should not rely solely on earnings events as a trade trigger. The report suggests that combining this signal with additional filters—such as earnings surprise magnitude, revisions to forecasts, or macroeconomic conditions—could improve the predictive power of the strategy.

In the context of BCH price dynamics, while the backtest focuses on a traditional equity, the pattern of delayed positive momentum may mirror how certain crypto assets behave post-catalytic events. For BCH, this could imply that strategic positioning after significant price shifts, particularly those tied to network upgrades or macroeconomic pivots, may offer limited but observable opportunities—provided they are carefully contextualized with broader market conditions.