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Bitcoin Cash Skyrockets 5% – Bullish Golden Cross Signals Dominance Over BTC in 2025

Bitcoin Cash Skyrockets 5% – Bullish Golden Cross Signals Dominance Over BTC in 2025

Author:
Coindesk
Published:
2025-07-01 14:00:10
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Bitcoin Cash isn't just bouncing—it's staging a full-scale rebellion against its big brother. A 5% surge in 24 hours? That's not a fluke. That's a statement.

The Golden Cross Heard 'Round the Crypto World

When BCH's 50-day MA punches through the 200-day like a bull through a china shop, traders listen. This isn't technical analysis—it's a financial adrenaline shot straight to the heart of the market.

Meanwhile, Bitcoin maximalists are suddenly very interested in 'alternative L1 solutions' (translation: their bags are getting heavy). The irony? Beautiful. The opportunity? Even better.

Remember: in crypto, today's golden cross is tomorrow's 'I told you so'—or your broker's excuse for why your portfolio got rekt. Choose wisely.

Key AI insights

  • In the last 24 hours from June 30, 13:00 to July 1, 12:00, BCH exhibited a significant bullish trend, climbing from $491.25 to $519.65, representing a 5.8% gain.
  • The price range during this period was $37.80 (7.7%), with BCH reaching a peak of $527.37 at 03:00 on July 1 following exceptional volume support.
  • Key resistance formed around $527 with multiple tests, while support was established at $519-$520, suggesting continued bullish momentum despite the minor pullback.
  • Over 120,000 BCH changed hands at 01:00—nearly triple the 24-hour average volume, indicating strong buyer interest.
  • In the last 60 minutes from 1 July 11:30 to 12:29, BCH experienced significant volatility, initially climbing 0.55% from $519.67 to $522.55 by 11:57, before sharply declining 0.71% to close at $518.85.

BCH/BTC chalks out golden cross

The Binance-listed bitcoin cash-bitcoin (BCH/BTC) pair, which tracks the ratio between the prices of BCH and BTC, has risen nearly 20% in four weeks, hitting a six-month high of 0.0049, according to data source TradingView.

BCH's outperformance is gathering momentum as evidenced by the bullish golden crossover of the 50-day simple moving average (SMA) crossing above the 200-day SMA.

The pattern indicates that short-term momentum is now outperforming the broader trend, with the potential to evolve into a significant bull market.

BCH/BTC's daily chart. (TradingView/CoinDesk)

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