Bitcoin Cash (BCH) Technical Outlook: A Brief Pause Before the $615 Rally

Bitcoin Cash hits the brakes—but only to gather momentum for the next leg up.

The Consolidation Play

Every major move needs a breather. Technical charts suggest BCH is carving out a short-term consolidation pattern. Think of it as the market taking a deep breath before the sprint. Key support levels are holding, painting a picture of controlled profit-taking rather than panic selling. This isn't a breakdown; it's a strategic regroup.

Target Locked: $615

The narrative remains firmly bullish. All technical roads still point toward that $615 target. The current pause aligns perfectly with classic bullish continuation behavior—shake out the weak hands, then launch. Momentum indicators, while cooling from overbought territory, are resetting to support the next wave. Volume profiles confirm accumulation is ongoing beneath the surface, even as price action stalls.

The Trader's Edge

For the charts, this setup is a gift. It offers a clearer entry point for those who missed the initial run-up. The pause provides a textbook opportunity to assess strength and add positions. Watch for a decisive break above the immediate resistance zone—that will be the starter's pistol for the rally toward $615. Until then, patience is the professional's play. After all, in crypto, sometimes the best action is inaction—a concept that would give your average Wall Street broker hives, as they're conditioned to churn portfolios whether it makes sense or not.

The countdown to $615 is on. The engine is just idling.

BCH Technical Outlook Suggests a Cooling Phase

Technically, looking at the BCH weekly chart, after a strong reversal towards the target of 600 this year; however, the token pulled back and is currently ranged at $545. Structurally, higher lows since the spring suggest an underlying bullish bias but face consistent rejections at the levels of 580-600. This red candle indicates the short-term dip; however, the value persists above the support levels of 500-520, with the long-term view remaining intact.

Technically, RSI (14) is at around 52, just below its moving average. It is a signal that there is little momentum in either direction. According to the MACD, there is weakening support for an upside trend because the MACD is red and below its signal line. It is expected that there is little selling pressure or a pause before a strong trend reversal.

Bitcoin Cash Clears Sell Wall as Bulls Eye $615 Resistance

Moreover, the crypto analyst, CW, noted that Bitcoin BCH had a small correction recently, during which the price dipped momentarily due to the dominance of short-term selling pressure in the market. However, the correction was not severe and did not lead to a breakdown in BCH structure. The token has now shown signs of a small rebound.

One of the most encouraging signs that can be taken as bullish from the depth data is that the upper selling wall, which had been limiting the upward movement of prices, is no longer there. This is a good indication that there are fewer sellers in the market, meaning that there is less resistance compared to when the market was down.

If the bullish momentum further strengthens, bitcoin Cash may prepare for a renewed jump soon. Looking at the critical levels to watch out for, the biggest level to observe will be the $615 area. This will be the last major hurdle for the sell wall and the biggest level of resistance for the passing period.

Also Read: Bitcoin Cash price Alert: Could BCH Hit $1,235 by 2025?