Bitcoin Cash (BCH) is trading near $582.34 and would need roughly an 11.62% rise to reach $650 before the Christmas 2025 window, according to recent market commentary and technical reports. The outlook combines positive momentum indicators with defended support levels and growing institutional and retail positioning, creating a scenario analysts say could enable a near-term breakout.
Recent technical readings show bullish momentum for BCH. The Moving Average Convergence Divergence (MACD) has shifted into positive territory, signaling upward thrust in price action, while the Relative Strength Index (RSI) remains in neutral range—one report cites approximately 45.69—implying room for further gains without immediate overbought conditions.
Key moving averages converge below the current price: the 50-day simple moving average at $533.56 and the 200-day SMA at $532.71. The $518 support level has held in recent sessions, forming the immediate downside floor.
A decisive push above the $607.40 resistance — near the upper Bollinger Band at $609.77 — is identified as the trigger point for a more aggressive run toward $650. Average True Range (ATR) readings near $32.97 indicate daily volatility that market participants interpret as tactical retests rather than a reversal of the uptrend.
Technical setup and momentum for BCH
On-market positioning supports the technical case. Reports note expanding long positions among advanced traders on major exchanges, and analysts point to institutional momentum linked to ETF-related filings as an additional validation for demand. Those dynamics, combined with algorithmic buying algorithms that often follow volatility breakouts, are listed as potential amplifiers should price clear the $607–$610 band.
Analysts temper the projection with standard caveats: persistent crypto market volatility and periodic intraday drawdowns can produce sharp pullbacks even within broader uptrends. The consensus of the cited analyses places short-term targets in the $600–$650 range, with some forecasts converging on the $650 level as achievable within the pre-Christmas period if the cited technical and participation conditions hold.
BCH’s path to $650 hinges on a breakout above $607.40 and sustained buyer participation, backed by the current positive MACD and neutral RSI readings and defended supports near $518 and the mid-$530s moving averages. If these conditions align, analysts expect the $650 mark to be within reach before Christmas 2025; failure to clear the $607–$610 band would likely delay that outcome.
