Forex Trading Tools and Services

Bitcoin Crypto

Bitcoin Cash Zooms to Yearly High on Fed’s 25bps Rate Cut and Improved Market Sentiment

  • BY
  • September 18, 2025
  • 0 Comments

Bitcoin Cash (BCH) has jumped to a fresh yearly high of $648.20 after the US Federal Reserve announced a cut in interest rates by 25 basis points. The Fed’s dovish policy, which indicates potential cuts in rates later this year, has spurred a risk-on mood across the cryptocurrency market. On-chain metrics register trading volumes of $1.18 billion, the highest since December 2024, with increasing futures open interest and a strong long-to-short ratio, which signal renewed investor demand. With bullish momentum backed by technical indicators like the RSI and MACD, Bitcoin Cash is ready to potentially test higher levels above $700. KEY LOOKOUTS • BCH may extend its rally to retest the April 2024 high at $719.50 if bullish momentum prevails. • Additional Fed rate cuts could maintain risk-on mood and underpin BCH’s price appreciation. • Record trading volumes of $1.18 billion indicate high investor interest and participation in markets. • The RSI being 65 and a maintained bullish MACD crossover indicate sustained upside momentum. Bitcoin Cash is showing good bullish momentum, achieving a new yearly high at $648.20 after the Fed 25 basis point rate reduction. Investor confidence has been lifted by the promise of additional rate cuts later in the year, fueling renewed demand for the cryptocurrency space. On-chain indicators show this optimism, with volumes reaching $1.18 billion—the highest since December 2024—combined with increasing futures open interest and a positive long-to-short ratio. Technical indicators, including the RSI and MACD, support the ongoing upward trend, suggesting that BCH could continue its rally toward key resistance levels above $700. Bitcoin Cash surged to a yearly high of $648.20 following the Fed’s 25bps rate cut, driven by renewed market optimism. Rising trading volumes and bullish technical indicators signal strong momentum, with potential to test levels above $700. • Bitcoin Cash (BCH) hit a new annual high of $648.20 after the Fed’s 25bps rate reduction. • The dovish policy by the Federal Reserve is pointing towards further rate cuts in the second half of 2025, enhancing risk-on sentiment. • Volume increased to $1.18 billion, the highest since December 2024, signaling increased investor interest. •  Futures open interest improved from $486.36 million to $595.78 million, indicating fresh money flowing in. • BCH long-to-short ratio is at 1.28, indicating a largely bullish sentiment of the market. • Chart indicators such as RSI (65) and MACD indicate bullish momentum to continue. • As long as the rally persists, BCH may retest its April 5, 2024 high of $719.50. Bitcoin Cash has dominated much of the attention in the crypto space, recording a new high for the year at $648.20 after the US Federal Reserve reduced interest rates by 25 basis points. The dovish tone of the Fed, coupled with the chance of more rate cuts in the second half of the year, has inspired investor confidence and fueled a risk-on attitude in digital assets. This has seen renewed focus on BCH, marking its increased traction among traders and investors. BITCOIN DAILY CHART PRICE SOURCE: TradingView The rise in Bitcoin Cash’s trading volume, which reached $1.18 billion—the most since December 2024—mirrors greater market involvement and liquidity. Futures open interest has also increased, reflecting new capital coming into the market, as the BCH long-to-short ratio shows a fairly bullish sentiment overall. Generally, these improvements signal greater market activity and optimism regarding Bitcoin Cash’s growth prospects in the next few months. TECHNICAL ANALYSIS Bitcoin Cash also displays robust bullishness. The daily Relative Strength Index (RSI) is 65, indicating buying pressure is building without yet being overbought. Also, the Moving Average Convergence Divergence (MACD) indicator had a bullish crossover in early September, which still holds, indicating the trend is upward. All of these technical indicators point to BCH being in good position to continue its bull run, with a chance to test higher resistance levels in the near future. FORECAST Bitcoin Cash looks set to continue on an upward trajectory in the short term, with the capacity to test its April 2024 high of $719.50 if the bull run continues. Sustained investor interest, increasing trading volumes, and a favorable macroeconomic backdrop fueled by the dovish tone of the Fed can push BCH higher, drawing in fresh buyers and continuing on the uptrend. But warning signs are there as profit-taking or surprise market action may instigate short-term reversals. Any negative news, unexpected monetary policy changes, or general cryptocurrency market corrections will briefly stem BCH’s advance, providing room for consolidation prior to the next leg up.

Read More
Bitcoin Crypto

Bitcoin Cash Rockets to New Yearly High as Bulls Eye $700 During Bitcoin’s Record-Breaking Rally

  • BY
  • August 14, 2025
  • 0 Comments

Bitcoin Cash (BCH) has risen to a new yearly high, trading at more than $621 on Thursday after reaching an intraday peak at $634.3, boosted by Bitcoin’s record-breaking rally. On-chain and derivatives metrics show strong bullish momentum, with increasing Open Interest reaching its highest point since April 2024 and a buy-heavy phase developing. Technical gauges like a bullish reading of 64 in the RSI and a buy signal on the MACD underpin the expectation for additional gains, with bulls targeting beyond the $700 price level if BCH manages to close above the critical $640 resistance zone. KEY LOOKOUTS • BCH recently surged to $634.3, a new high for 2025, following in the footsteps of Bitcoin’s all-time high. • Taker CVD futures went positive and up, signaling consistent buying pressure. • BCH futures OI rose to $683.96 million, a record high since April 2024, indicating new capital inflow. • RSI stands at 64 and a bullish MACD crossover indicate additional upside potential towards $700+. Bitcoin Cash (BCH) is enjoying robust bullish momentum, rising above $621 on Thursday after touching a fresh yearly high of $634.3, led by Bitcoin’s record high. On-chain and derivative metrics indicate persistent buying pressure, with Futures Taker CVD remaining positive and Open Interest reaching $683.96 million, the highest since April 2024. Technical analysis supports the positive prognosis, as RSI remains at 64 and MACD indicates a bullish crossover, which means that a firm break above the resistance level of $640 can lead the rally towards the $700 level and beyond. Bitcoin Cash (BCH) reached a new yearly high of $634.3, propelled by Bitcoin’s all-time high rally and firm bullish strength. Increased Open Interest and favourable on-chain readings indicate further improvement, with bulls eyeing the $700 level if price breaks above $640 resistance. • Bitcoin Cash (BCH) set a new yearly high of $634.3 this week. • The upsurge is led by Bitcoin’s all-time high. • Futures Taker CVD turned up in the positive direction, indicating a buy-led phase. • Open Interest in BCH futures reached $683.96 million, the highest since April 2024. • RSI is at 64, a strong bullish indication. • MACD reflects a bullish crossover with green histogram bars pointing upwards. • A daily close above $640 may unlock the way to the $700+ target. Bitcoin Cash (BCH) has drawn market attention following its new annual high, underpinned by renewed investor confidence and upbeat market sentiment. Momentum in the cryptocurrency has been fuelled by Bitcoin’s record-breaking breakout to an all-time high, which has infused confidence throughout the wider crypto market. Greater participation by traders and investors is observed, with derivatives indicating increasing activity and new capital entering the market. This upbeat atmosphere has further fortified BCH’s position among the week’s best-performing assets. BITCOIN DAILY PRICE CHART SOURCE: TradingView Bitcoin Cash’s price appreciation is also an indicator of general optimism about digital assets, as traders expect ongoing adoption and expansion in the world of blockchain. Solid on-chain indicators and growing demand in futures markets indicate that BCH is still well-placed to take advantage of the current wave of excitement in the crypto market. With sentiment remaining upbeat, Bitcoin Cash continues to draw short-term traders and long-term holders alike, further underpinning its place in the cutthroat world of cryptocurrencies. TECHNICAL ANALYSIS The technical configuration of Bitcoin Cash is still bullish, with the price lingering around the crucial $640 resistance point following the recent record high of $634.3. The Relative Strength Index (RSI) stands at 64, representing high bullish momentum, while the Moving Average Convergence Divergence (MACD) has also established a bullish crossover, which is supported by increasing green histogram bars. Such signals reflect increasing buying pressure, and a strong daily close above $640 can be a breakout trigger for BCH to propel towards the subsequent resistance level at $719.5 and place the $700 target within easier reach. FORECAST If Bitcoin Cash (BCH) can close above the $640 resistance level, the bullish trend can gather pace, leaving the way open for the $700 level and beyond. Favorable on-chain data, rising Open Interest, and a buy-dominated phase favor this development, indicating that buyers are still in command. Under such circumstances, the next significant resistance level would be at $719.5, where some profit-taking may take place, but overall sentiment may continue to support higher prices. Conversely, if BCH cannot hold onto a breakout through $640, it can expect to face a temporary retreat as traders take profits. Near-term support is found in the $600 area, with more significant support at $580. If prices fall through these levels, the bullish setup will be compromised and the door opened to further losses down into the $550 region, particularly if sentiment in the wider markets becomes softer or Bitcoin’s rally runs out of steam.

Read More