Lawrence Jengar
Feb 09, 2026 06:10
Bitcoin Cash shows mixed technical signals at $526.20 with analyst targets pointing to $580-630 short-term despite current bearish momentum indicators. BCH Price Prediction Summary • Short-term t…
Bitcoin Cash shows mixed technical signals at $526.20 with analyst targets pointing to $580-630 short-term despite current bearish momentum indicators.
BCH Price Prediction Summary
• Short-term target (1 week): $580-630
• Medium-term forecast (1 month): $650-750 range
• Bullish breakout level: $551.93
• Critical support: $503.93
What Crypto Analysts Are Saying About Bitcoin Cash
Recent analyst coverage suggests cautious optimism for Bitcoin Cash despite mixed technical signals. Peter Zhang noted on February 5, 2026: “Bitcoin Cash shows mixed signals at $521.60 with analyst targets of $580-$630 short-term and $650-$750 medium-term, despite current bearish momentum indicators.”
Luisa Crawford provided a similar Bitcoin Cash forecast on February 3, 2026: “BCH Price Prediction Summary: Short-term target (1 week): $580–630; Medium-term forecast (1 month): $650–750 range; Bullish breakout level: $551.80; Critical support: $510.80.”
According to on-chain data, Bitcoin Cash maintains solid trading volume with $18.5 million in 24-hour Binance spot volume, indicating sustained institutional and retail interest.
BCH Technical Analysis Breakdown
Bitcoin Cash currently trades at $526.20, showing a modest 1.54% daily gain. The technical picture presents mixed signals that warrant careful analysis.
Moving Average Analysis: BCH sits below most key moving averages, with the price trading below the SMA 20 ($550.06), SMA 50 ($585.92), and SMA 200 ($562.21). However, it remains above the SMA 7 ($516.43), suggesting short-term momentum may be building.
Momentum Indicators: The RSI reading of 44.32 places Bitcoin Cash in neutral territory, neither oversold nor overbought. The MACD histogram at -0.0000 indicates bearish momentum has stalled but hasn’t reversed into bullish territory yet.
Bollinger Bands: With a %B position of 0.34, BCH trades closer to the lower band ($474.26) than the upper band ($625.86), suggesting the cryptocurrency has room to move higher before reaching overbought conditions.
Key Levels: Strong resistance sits at $551.93, while immediate support holds at $515.07. The daily ATR of $43.00 indicates moderate volatility, typical for Bitcoin Cash in current market conditions.
Bitcoin Cash Price Targets: Bull vs Bear Case
Bullish Scenario
If Bitcoin Cash breaks above the critical $551.93 resistance level, the path opens toward analyst targets of $580-630. A sustained move above the SMA 20 at $550.06 would confirm bullish momentum and likely attract additional buying pressure.
The medium-term bullish target range of $650-750 becomes achievable if BCH can establish support above $580 and maintain momentum through February. This scenario requires RSI to move above 50 and MACD to turn positive.
Bearish Scenario
Failure to hold the $515.07 immediate support could trigger a decline toward the strong support at $503.93. A break below this level might target the Bollinger Band lower boundary near $474.26.
The bearish case strengthens if daily volume drops below $15 million and RSI falls toward oversold territory below 30. Current bearish MACD momentum, while stalled, could resume if buying pressure fails to materialize.
Should You Buy BCH? Entry Strategy
Based on current technical levels, potential entry points for Bitcoin Cash include:
Conservative Entry: Wait for a pullback to $515-520 support zone with confirmation of holding above $503.93. This provides a favorable risk-reward ratio targeting $580-630.
Aggressive Entry: Consider positions on a breakout above $552 with volume confirmation, targeting the same upside levels but with higher risk.
Stop-Loss Strategy: Place stops below $500 for conservative entries or below $540 for breakout plays. The daily ATR of $43 suggests position sizing should account for normal volatility swings.
Risk management remains crucial given Bitcoin Cash’s correlation with broader cryptocurrency market sentiment and Bitcoin’s price action.
Conclusion
This BCH price prediction suggests Bitcoin Cash targets $580-630 over the next week, with medium-term potential toward $650-750. The technical setup shows neutral momentum with key resistance at $551.93 acting as the critical level for bullish continuation.
The Bitcoin Cash forecast carries moderate confidence given supportive analyst targets and reasonable technical levels, though traders should monitor broader market conditions that could impact individual cryptocurrency performance.
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results.
Image source: Shutterstock
Source: https://blockchain.news/news/20260209-price-prediction-bch-bitcoin-cash-targets-580-630-by
