• Bitcoin Cash trading at $601.91, gaining 1.21% in 24 hours with rising volume.
• Analysts see a bullish pennant breakout despite broader bearish market sentiment.
• 2025 forecasts project BCH reaching $1,323.32, but volatility risks remain.

Bitcoin Cash (BCH) is trading at $601.91, an increase of 1.21% over a 24-hour period. Trading volume increased to $515.51 million from a 10.07% rise, a sign of wider market participation. Over the previous seven days, BCH has seen a 3.7% gain, a modest performance compared to leading cryptocurrencies but a sign that sentiment among investors is improving.

Such price action is seen amidst a wider bearish sentiment among digital currencies, with BCH’s strength standing out. The consistent positive trajectory has caught the attention of technical analysts and traders who perceive such price action to be a harbinger for a much stronger movement.

BCH Forms Bullish Pennant Amid Bearish Crypto Market

According to Crypto AI by Klondike, BCH is forming a bullish pennant chart pattern in a mostly bearish market. An entry position is set by the analyst at $601.7 with a stop-loss position at $591.0. It estimates a target value of $662.9. It is a breakout signal where buying momentum is sustained.

But the analyst also warns about potential remaining downside risks emanating from prevailing bearish sentiment across the broader crypto market. Short-term traders should be prepared because false breakouts can happen where volatility is high. 

The integrity of the pennant pattern will be evidenced by ongoing volume and positive market sentiment over a number of subsequent trading days.

Also Read | Bitcoin Cash (BCH) Forecast 2025: Will Prices Surge Past $1,100?

Bitcoin Cash Price Outlook for 2025

According to DigitalCoinPrice prediction BCH could breach $1,323.32 by 2025 year-end, with a few traders even forecasting a return to its historical high of $4,355.62. Bullish forecasting by their side is that BCH is destined to remain within a price region of $1,264.47 to $1,323.32 once momentum is achieved.

In contrast, Changelly’s technical forecasting is more subdued. It makes a 2025 forecast with a low of $514.98, a high of $601.60, and an average trade value of $688.21. For September 2025, Changelly is forecasting a trade for BCH anywhere from $590.17 to $619.97 with an average $605.07, thereby implying a prospective 4.5% investment return.

Also Read | From $494 to $5,000? Bitcoin Cash (BCH) Sets Up for Explosive Move