On DEC 20 2025, (BCH) traded at $602.3, down 3.6% from the previous 24-hour period but showing strong resilience in the broader market. Over the past week, recorded a significant 12.37% price increase. Looking further back, the cryptocurrency saw gains of 11.39% in the past 30 days and an impressive 38.64% over the last year. This upward momentum suggests sustained interest and a shift in investor sentiment toward the asset.
Recent price action highlights growing institutional involvement and bullish positioning. According to market data, Cash is drawing renewed attention from investors and traders, with Binance reporting a marked increase in long positions among top traders. This trend indicates rising confidence in the cryptocurrency's potential to break key resistance levels and continue its upward trajectory.
Technical indicators also support the case for a potential price breakout. Open interest in BCH futures reached a six-month high, reflecting increased speculative activity and investor optimism. Specifically, open interest rose 18.69% in the last 24 hours to $761.48 million. Additionally, the funding rate turned positive, a sign that traders are willing to pay to maintain their long positions, further reinforcing the bullish narrative.
A critical level to watch is the $615 resistance, which has historically acted as a price ceiling. A clean break above this level could signal the start of a new upward trend, potentially propelling BCH toward $640. On the 4-hour chart, BCH has already bounced off the $530 level, forming a double-bottom pattern—a common bullish reversal formation. Analysts closely monitor this zone for signs of continued strength or potential consolidation.
The recent rally also coincided with positive macroeconomic developments. According to U.S. inflation data showed the CPI at 2.7%, easing concerns over rising interest rates and boosting risk-on sentiment across financial markets. While the Bank of Japan raised rates to 0.75%, Bitcoin Cash's price remained largely unaffected, suggesting a growing independence from traditional market drivers.
Overall, Bitcoin Cash continues to gain traction among investors seeking exposure to a lower-fee, higher-capacity alternative to Bitcoin. The combination of strong retail demand, institutional buying, and favorable technical conditions has created a supportive environment for further gains. As BCH approaches key price levels and faces renewed market optimism, it remains to be seen whether this momentum will sustain or trigger a period of consolidation.
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