Bitcoin Cash Surges Past $600: Will BCH’s Bull Run Outpace BTC in 2025?

Bitcoin Cash isn't just climbing—it's sprinting past Bitcoin. As BCH smashes through $600, traders are scrambling to decode whether this is a fleeting pump or the start of a real flippening.

Speed vs. Store of Value

While BTC chugs along as digital gold, BCH's cheaper fees and faster transactions are stealing the spotlight. The 'spendable crypto' narrative gains traction as Ethereum gas fees hit comedy levels again.

The Institutional Wildcard

Hedge funds still treat altcoins like risky bets—until they don't. Remember when Wall Street called Bitcoin a scam? Now they're quietly accumulating BCH wallets between martini lunches.

Technical Breakout or Bull Trap?

The charts scream bullish, but crypto moves fast. One whale dump could erase gains faster than a 'decentralized' project rebranding for the third time.

Whether this rally holds or crumbles, one truth remains: in crypto, today's underdog is tomorrow's blue-chip—until the next shiny protocol distracts the herd.

Source: IntoTheBlock

IntoTheBlock data showed that BCH had a +0.25 correlation with BTC over the past 30 days. This was indicative of only a weak positive correlation between the price moves of the two.

Even more interesting?

Bitcoin Cash had a negative correlation with many other popular altcoins, such as ethereum [ETH] and Dogecoin [DOGE].

This was further proof that, while the altcoin market was ailing, Bitcoin Cash could serve as a safer bet.

Bitcoin Cash set to rally beyond $600 next

Source: BCH/USDT on TradingView

The weekly chart showed a range formation (white) between $272 and $624.

A compelling argument in favor of the range was how the mid-range level at $448 has been respected as both a support and a resistance over the past year.

More recently, it acted as resistance in May before flipping to support in June.

In fact, this flip came after the weekly structure saw a bullish structure break after a MOVE beyond the previous lower high (orange) at $420.

This market structure break was accompanied by a rising OBV, indicative of steady buying volume. The RSI also climbed past neutral 50 in late April, signaling a shift in momentum towards the bulls.

The $500-$530 region could serve as a resistance. It has done so in the past, and the $500 level was also a psychological resistance.

What’s next with BCH?

BCH recently hit a local high of $530 on the 1st of July. It is likely to surpass this level soon, as the lower timeframe charts, such as 4-hour, were also bullish.

The Open Interest was rising, showing speculative conviction in BCH. Moreover, bitcoin Cash has made a new high for the year 2025.

The next key target sits at the range high of $640. And traders can expect the momentum to drive prices higher in the coming weeks.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion