Bitcoin Cash is grabbing attention today with a solid 6% pump, now trading around $525.18. According to CoinMarketCap, its trading volume has jumped more than 71%, making it one of the top gainers in the market right now.
While many meme coins and smaller altcoins are struggling to hold any gains, BCH price is quietly climbing. A mix of strong chart signals, renewed community interest, and rising open interest seems to be fueling the move.
Top analyst Crypto Patel shared a chart on X (formerly Twitter), pointing to a massive bull flag forming on the weekly chart. The pattern’s been building for months, showing a downward-sloping consolidation after BCH breakout from around $90 to $1,300 back in early 2023. Traders often see this kind of setup as a continuation pattern that can lead to major upside.
The key zone to watch is around $550 to $580. If Bitcoin Cash price can push through and hold above that range, Patel says we could see a full breakout play out. His longer-term targets? A rally toward $1,800, and potentially even $4,000, if price clears the $640 level with strength.
Read Also: Analyst Signals Possible PENGU Breakout as Market Closes in on $0.015
Bitcoin Cash Market Activity and Community Support Strengthen
Multiple tweets from analysts and community figures suggest that sentiment around Bitcoin Cash is improving. Trader SⱯMX pointed to BCH outperforming all meme coins over the past 24 hours, citing a break of a “7.5-year resistance” on the chart. He noted that despite the move, market attention remains low until larger breakouts or new all-time highs occur.
Bitcoin Cash $BCH – outperforming every single doggy, catty, piggy, rat coin, in the past 24 hours with the #1 spot for highest return.
While the chart shows 7.5 year resistance being broken.
And yet no one gives a shit. Not until a new ATH will the FOMO buys begin. pic.twitter.com/HkwtHiE5X9
— SⱯMX (@xsamsalvatore) July 1, 2025
Meanwhile, blockchain specialist Spade noted that open interest for BCH is approaching all-time highs. He credited the Bitcoin Cash community for consistent engagement over the past year.
Open interest for $BCH is approaching all time highs. Over the past year, the Bitcoin Cash community has done an impressive job revitalizing interest in this project, and now it’s seeing more attention and activity than ever before. Other altcoin communities should take notes🗒️ pic.twitter.com/Q4dyPREJtI
— Spade (@SpadesHQ_) June 28, 2025
Increased network participation and more holders moving tokens off exchanges on the 1st and 15th of each month, an initiative dubbed “Bitcoin Cash Bank Run Day”, also contributes to current momentum.
Bitcoin Cash Price Key Levels to Watch
Traders are watching the $550–$580 zone as the immediate resistance barrier. A rejection at this range could return the BCH price to the lower channel area near $250–$210, which has acted as an accumulation zone.
On the upside, confirmation above $640 would support the case for a longer-term breakout. Volume and volatility near these levels will help determine the next move.
Bitcoin Cash remains on radar as the market awaits confirmation of whether this momentum can turn into a full breakout.
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