Bitcoin Cash (BCH) Eyes $595 Breakout – Here’s Why Traders Are Bullish

Bitcoin Cash (BCH) is teasing a major move—and the $595 resistance level is the only thing standing in its way. After weeks of consolidation, the crypto’s chart screams momentum. Here’s what’s fueling the rally.

The Setup: A Classic Breakout Play

BCH has coiled near key support, with traders betting on a volatile upside. The $595 mark is the litmus test—clear that, and the path opens for a run toward higher highs.

Why This Time Could Be Different

Unlike past false starts, on-chain metrics hint at accumulation. Whales are loading up, and retail FOMO hasn’t even kicked in yet. (Cue the usual suspects: 'This time it’s fundamentals!'—until the next dump, of course.)

The Bottom Line

BCH bulls have a clear target. Whether it’s another 'buy the rumor, sell the news' trap or the real deal depends on that $595 flip. One thing’s certain: crypto never sleeps—and neither do the bagholders.

• Bitcoin Cash (BCH) is witnessing increased investor participation, signaling renewed confidence in its future prospects.
• The Bollinger Bands indicate potential resistance near the upper band, suggesting consolidation or a pullback might occur soon.
• Analysts suggest that BCH is approaching a crucial resistance zone at $595, which could trigger a major breakout if surpassed.

Bitcoin Cash (BCH) is riding a wave of positive momentum with a surge in its value. Over the last 24 hours, BCH is up by almost 2.67%, and most interestingly, looking at the last week, BCH gained a 16.35% surge.

At the time of writing, BCH is trading at $563.46 with a 24-hour trading volume of $662.43 million, which is up by 11.2% in the last 24 hours, reflecting investors’ growing interest. Moreover, its market capitalization remains strong at $11.22 billion.

Source: CoinMarketCap

BCH Price Performance Shows Ongoing Bullish Momentum

In 2023 and 2024, the results were marked by high volatility and strong overall growth. Both years saw major surges that drove significant gains despite frequent downturns. 2024 outperformed 2023, delivering the strongest overall results but with even greater instability.

Source: CryptoRank

By contrast, 2025 shows a shift toward steadier and more moderate performance. After a weak start, the trend turned upward with consistent but smaller improvements. Overall, it reflects a more stable phase following two years of sharp and unpredictable movements.

Also Read: Bitcoin Cash Forecast 2025: Will BCH Skyrocket to $1,300 or Crash to $530?

Bitcoin Cash Gears Up for a Breakout With $595 in Sight

Moreover, the crypto analyst, CW, revealed that Bitcoin Cash (BCH) is poised for a major breakout as it tests a critical level of resistance that has remained strong for the past few weeks. Analysts observe that there is strong bullish pressure, which indicates that market players are preparing for a possible rally. If market players can break past the level of resistance, it could signal the start of a strong upward trend.

Source: X

The technical charts indicate that there are no major resistances until the $595 level, providing enough room for strong rallies in case the breakout occurs. Crossing above this critical level may spark considerable interest and lead to a stronger rally. The upcoming days will witness critical periods for bitcoin Cash, shaping its short-term trajectory.

BCH Technical Indicators Suggests a Cooling Phase

The chart reveals that Bitcoin Cash (BCH) is approaching the upper Bollinger Band, and it could face resistance. Thus, it can be interpreted that there are chances of either a pullback or stabilization, as it is approaching the upper Bollinger Band. The market also experiences high volatility as it tests NEAR support levels or moves beyond them.

Source: TradingView

Looking at the technical indicators, the RSI is currently at 55.31, which is neither overbought nor oversold. The MACD is bearish, given that the MACD line is lower than the signal line. The volume surges explain whether there are major market trends, given that a major up or down movement in the market can’t occur without a major volume surge.

Also Read: Bitcoin Cash Forecast 2025: Can BCH Explode Past $1,200?