Tony Kim
Jan 03, 2026 16:42
Bitcoin Cash eyes $670-$720 range within 30 days as MACD bullish momentum and strong support at $580 create favorable setup for continued upside.
Bitcoin Cash is demonstrating compelling technical strength as we enter 2026, with multiple indicators aligning for a potential move toward the $670-$720 range over the next month. At $634.40, BCH has already achieved its 52-week high and is positioned near the upper Bollinger Band, suggesting momentum-driven buying continues to dominate the market structure.
BCH Price Prediction Summary
• BCH short-term target (1 week): $648-$655 (+2-3% upside potential)
• Bitcoin Cash medium-term forecast (1 month): $670-$720 range (+6-13% potential)
• Key level to break for bullish continuation: $642.30 (immediate resistance)
• Critical support if bearish: $580 (analyst consensus support level)
Recent Bitcoin Cash Price Predictions from Analysts
The analyst community shows remarkable consensus around Bitcoin Cash’s bullish outlook, with multiple predictions converging on similar BCH price targets. Blockchain.News projects a conservative $620-$635 short-term range while extending their Bitcoin Cash forecast to $670-$690 for medium-term horizons. This aligns closely with MEXC News technical analysis pointing toward $638-$648 near-term targets and $680-$720 monthly projections.
CoinCodex provides the most optimistic BCH price prediction with a $621-$802 annual range, while DigitalCoinPrice offers a more measured $635-$728 forecast for 2026. The convergence around $670-$720 as a realistic BCH price target suggests strong technical and fundamental backing for this level.
What’s particularly notable is the lack of bearish predictions among major analysts, with all forecasts maintaining medium confidence levels and focusing on upside scenarios rather than downside risks.
BCH Technical Analysis: Setting Up for Continued Breakout
The Bitcoin Cash technical analysis reveals multiple bullish confluences supporting higher BCH price prediction scenarios. The MACD histogram at 1.4662 indicates sustained bullish momentum, while the MACD line itself sits well above the signal line at 14.1063 versus 12.6401. This configuration typically precedes continued upward price movement.
Bitcoin Cash’s position at 0.9205 within the Bollinger Bands places it near the upper resistance band at $642.82, but this proximity to resistance comes with strong momentum backing. The RSI at 62.27 remains in neutral territory, providing room for further appreciation without entering overbought conditions that might trigger immediate selling pressure.
The moving average structure strongly supports the bullish Bitcoin Cash forecast, with price trading significantly above all key averages. BCH sits 4.4% above the 20-day SMA at $589.86 and an impressive 16% above the 200-day SMA at $546.94, indicating a well-established uptrend with multiple layers of support below current levels.
Volume analysis from Binance spot trading shows $52.4 million in 24-hour activity, representing healthy participation in the current breakout without excessive speculative froth that might signal an immediate reversal.
Bitcoin Cash Price Targets: Bull and Bear Scenarios
Bullish Case for BCH
The primary bullish BCH price prediction centers on a break above the immediate resistance at $642.30, which would likely trigger momentum buying toward the $670-$690 zone identified by multiple analysts. This represents the confluence of technical resistance levels and Fibonacci extensions from recent consolidation patterns.
Should Bitcoin Cash sustain above $690, the next logical BCH price target extends to $720-$730, where longer-term resistance from 2021 trading ranges may emerge. This scenario requires continued MACD momentum and RSI remaining below 75 to avoid overbought conditions.
The technical setup supports this bullish Bitcoin Cash forecast through strong support layers at $607 (7-day SMA), $589 (20-day SMA), and the critical $580 level identified by analysts as the key support zone.
Bearish Risk for Bitcoin Cash
Despite the optimistic consensus, prudent BCH price prediction analysis must consider downside scenarios. The primary risk emerges if Bitcoin Cash fails to hold above $615, the identified pivot point. A break below this level could trigger selling toward the $580 support zone.
More concerning would be a failure at $580, which could accelerate selling toward the $518 immediate support level identified in the technical data. This represents a potential 18% decline from current levels and would likely invalidate the bullish Bitcoin Cash forecast for the near term.
The Stochastic indicator at 90.00/%K provides some caution, as readings above 80 often precede short-term pullbacks even within broader uptrends.
Should You Buy BCH Now? Entry Strategy
Current levels present a reasonable entry opportunity for those seeking exposure to the bullish BCH price prediction scenario. The optimal buy or sell BCH decision depends on individual risk tolerance and timeline.
Conservative buyers should consider scaling into positions on any pullback toward $615-$620, offering better risk-reward ratios while maintaining exposure to the upside Bitcoin Cash forecast. Aggressive traders might enter immediately with tight stops below $615 to capture potential momentum continuation.
Risk management requires stops below $580 for any new positions, representing the level where the bullish technical structure would face serious challenges. Position sizing should account for BCH’s Average True Range of $30.41, indicating significant daily volatility.
For those following the buy or sell BCH question, the technical evidence supports measured accumulation rather than aggressive speculation at current elevated levels.
BCH Price Prediction Conclusion
The weight of technical evidence supports a bullish BCH price prediction toward $670-$720 over the next 30 days, with medium to high confidence based on multiple indicator confluence. The Bitcoin Cash forecast appears well-supported by momentum indicators, moving average positioning, and analyst consensus.
Key indicators to monitor for confirmation include MACD maintaining bullish momentum above 12, RSI holding below 75 to avoid overbought extremes, and most critically, price sustaining above the $615 pivot point. Any failure at these levels would require reassessing the bullish Bitcoin Cash technical analysis.
The timeline for this BCH price target extends through February 2026, with initial resistance testing expected at $642-$648 within the next week. Success at these levels should provide the foundation for the broader $670-$720 objective that forms the core of this Bitcoin Cash forecast.
Confidence level: Medium-High (75%) based on technical indicator alignment and analyst consensus, with primary risk being broader cryptocurrency market volatility rather than BCH-specific factors.
Image source: Shutterstock
Source: https://blockchain.news/news/20260103-price-prediction-target-bch-670-720-by-february-2026-as
