According to the market data from Gate.io, the veteran Pow token BCH The current price is $394.55, reaching a high of $420 within the day. BCH currently has a market capitalization of $7.8 billion, ranking 20th in the overall market.

BCH price Breaking through the key resistance level of $400 has attracted market attention to the subsequent trend. As one of the most influential fork coins of Bitcoin (BTC), BCH has always been at the center of controversy and opportunities in the cryptocurrency market. This article will deeply analyze its long-term value potential from the three dimensions of technical characteristics, ecological progress, and market cycle.
Base case scenario (probability 55%)
- Assuming that the Bitcoin ETF drives the market into a mild bull market, the BCH eco TVL grows to 80 million US dollars, and the hash rate stability is maintained.
- Price range: $800-1200 (corresponding to the top 15 market cap before 2025).
Optimistic scenario (25% probability)
- Assuming: BCH successfully locks in the ‘payment + basic layer DeFi’ dual track, with the emergence of phenomenal applications (such as widespread adoption of on-chain stablecoins), the hash rate share increases to 8% of the BTC network (currently about 1.5%).
- Price range: $1800-2500 (impacting the top 10 cryptocurrencies).
Risk scenario (20% probability)
- Assumption: Regulatory crackdown on forked coin trading, core development team split, hash rate security deteriorates.
- Price range: $150-300 (competing in the second tier of coins).
Dynamic institutional holdings and on-chain signals
- Miner Position Index: The current BCH miner wallet balance accounts for 12.3%, lower than the peak of 19.8% in 2020, indicating some hash rate shifting towards short-term arbitrage.
- Whale Address Activity: The number of addresses holding over 10,000 BCH has increased by 7% in nearly half a year, which may imply a narrative of institutional-level fund deployment halving.
- Development activity: GitHub commits are consistently around 45 per month, lagging behind ETH (220+) and SOL (180+), but higher than most forked coins.
BCH Market Analysis
Trading data
- Spot Price: 394.5 USDT
- 24h increase: 5.37%
- Highest price in 24 hours: 419.8 USDT
- 24-hour low: 371.2 USDT
- Support level: 383.4 USDT
- Resistance level: 406.8 USDT
- Market sentiment: The fear and greed index is 25, indicating extreme fear in the market.
Technical analysis
- Bearish signal: The current RSI indicator shows an overbought condition, which may lead to a price pullback.
- Bullish signal: There is currently no clear bullish signal.
Trading strategy suggestion
Strategy 1: Short-term bearish strategy
- Direction: Short
- Entry Price: 394.5 USDT (current price)
- Stop-loss price: 406.8 USDT (resistance level)
- Target price: 383.4 USDT (support level)
Reason: The current market sentiment is extremely fearful, which may lead to a price pullback. The RSI indicator shows overbought conditions, indicating a potential price decline in the short term.
Strategy 2: Short-term Bullish Strategy (Rebound)
- Direction: Bullish
- Entry Price: 383.4 USDT (support level)
- Stop-loss price: 371.2 USDT (24-hour low)
- Target price: 394.5 USDT (current price)
Reason: If the price retraces to the support level of 383.4 USDT, a rebound may occur. In extremely fearful markets, prices sometimes find support at the support level and bounce back.
BCH 2025 Outlook
The big pump in the price of BCH requires three conditions to be met: the continuous high transaction fee environment of the Bitcoin mainnet highlights its payment advantages; the on-chain financial protocol achieves real user growth; and the decentralization of computing power improves after the halving.
BCH After breaking through $400, it may experience a short-term adjustment, but in the long run, its market position is still attracting attention from miners and institutions. Whether it can reach $1000 or even higher in the future depends on its ecological development, market demand, and the overall cryptocurrency market cycle.
Author:
Icing, Gate.io Researcher
*This article represents only the views of the researcher and does not constitute any investment suggestions. Investment involves risks and users need to make careful decisions.
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