Iris Coleman
Jan 02, 2026 13:02
Bitcoin Cash forecast suggests consolidation around $566 support before targeting $680-$720 medium-term rally. Current BCH price prediction shows mixed signals.
With Bitcoin Cash trading at $593.10 as we enter 2026, analysts are presenting a nuanced BCH price prediction that balances near-term consolidation risks with medium-term bullish potential. The current technical setup suggests BCH could face initial pressure before mounting a significant rally toward analyst targets.
BCH Price Prediction Summary
• BCH short-term target (1 week): $566-$580 range (-4% to -2%)
• Bitcoin Cash medium-term forecast (1 month): $680-$720 range (+15% to +21%)
• Key level to break for bullish continuation: $638.00
• Critical support if bearish: $518.50
Recent Bitcoin Cash Price Predictions from Analysts
The latest Bitcoin Cash forecast from leading analysts reveals a fascinating divergence in timing expectations. FxPro’s recent BCH price prediction calls for an initial decline to $566.00, citing resistance at the $633.60 level and upper Bollinger Band rejection. This bearish near-term view contrasts sharply with Blockchain.News’ medium-term optimism, which targets $680-$720 within four weeks based on positive MACD signals and price positioning above key moving averages.
CoinCodex provides the most ambitious long-term perspective, with their BCH price prediction suggesting an average 2026 price of $734.23, representing a potential 49.54% ROI. This consensus indicates that while short-term volatility may persist, the broader Bitcoin Cash forecast remains constructive for patient investors.
BCH Technical Analysis: Setting Up for Measured Rally
The current Bitcoin Cash technical analysis reveals a market in transition. With BCH trading at $593.10, the cryptocurrency sits comfortably above its 20-day SMA ($585.22) and well above the critical 200-day moving average ($545.99), confirming the “Strong Bullish” trend designation.
However, momentum indicators present a more nuanced picture. The RSI reading of 53.07 indicates neutral territory, providing room for movement in either direction. More concerning is the MACD histogram at -1.3269, suggesting weakening bullish momentum despite the overall positive MACD reading of 10.6802.
The Bollinger Bands positioning tells an important story for our BCH price prediction. At 0.5798, Bitcoin Cash sits in the upper half of the band range but hasn’t yet reached overbought territory. The upper band at $634.65 closely aligns with the key resistance level at $638.00, creating a critical BCH price target for bulls to overcome.
Trading volume of $25.8 million on Binance provides adequate liquidity, though it’s not exceptional enough to suggest an imminent breakout without additional catalysts.
Bitcoin Cash Price Targets: Bull and Bear Scenarios
Bullish Case for BCH
The bullish Bitcoin Cash forecast hinges on a decisive break above $638.00 resistance. Should this level yield, the path opens toward the $680-$720 range targeted by multiple analysts. This represents the primary BCH price target for medium-term bulls, supported by:
- Strong foundation above the 200-day MA ($545.99)
- Positive MACD reading despite histogram weakness
- Distance from 52-week high of only -5.09%, suggesting limited overhead supply
- Multiple analyst convergence on similar upside targets
A break above $720 would likely trigger momentum buying toward the ambitious $734.23 annual average target suggested by CoinCodex.
Bearish Risk for Bitcoin Cash
The bearish scenario for our BCH price prediction centers on failure at current resistance levels. Should Bitcoin Cash reject from the $633-$638 zone, the immediate BCH price target becomes $566.00, aligning with FxPro’s analysis. Key bearish catalysts include:
- MACD histogram divergence suggesting momentum loss
- Failure to decisively break above upper Bollinger Band
- Potential retest of 20-day SMA support at $585.22
A break below $518.50 would invalidate the bullish Bitcoin Cash forecast and potentially trigger a deeper correction toward the $446.90 strong support zone.
Should You Buy BCH Now? Entry Strategy
Based on current Bitcoin Cash technical analysis, the optimal buy or sell BCH decision depends on risk tolerance and timeframe. Conservative investors should wait for a pullback to the $566-$580 support zone before accumulating, as this offers better risk-adjusted entry points.
Aggressive traders might consider buying current levels with tight stops below $575, targeting the $638 resistance break for a quick 7% gain. However, the mixed momentum signals suggest patience may be rewarded.
For those asking whether to buy or sell BCH, the technical setup favors buyers on weakness rather than strength at current levels. Set alerts for $566 support tests and $638 resistance breaks to time entries effectively.
BCH Price Prediction Conclusion
Our comprehensive BCH price prediction suggests a two-phase scenario for Bitcoin Cash over the coming weeks. Near-term consolidation toward $566-$580 appears likely given the current momentum divergences, but this should be viewed as a healthy correction within the broader bullish trend.
The medium-term Bitcoin Cash forecast remains optimistic, with the $680-$720 range representing a high-probability target once the current resistance zone is cleared. Key indicators to watch include MACD histogram recovery, volume expansion above $638, and sustained trading above the 20-day moving average.
Confidence Level: Medium – The mixed technical signals require careful monitoring, but the overall trend structure supports the bullish medium-term outlook.
Timeline: Expect the initial consolidation phase to complete within 1-2 weeks, followed by the rally toward analyst targets over the subsequent 4-6 weeks, making this BCH price prediction relevant through February 2026.
Image source: Shutterstock
Source: https://blockchain.news/news/20260102-price-prediction-bch-bitcoin-cash-eyes-680-720-rally
