{"id":54437,"date":"2025-06-18T11:25:58","date_gmt":"2025-06-18T11:25:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-cash-price-forecast-bch-steady-despite-profit-taking\/"},"modified":"2025-06-18T11:25:58","modified_gmt":"2025-06-18T11:25:58","slug":"bitcoin-cash-price-forecast-bch-steady-despite-profit-taking","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-cash-price-forecast-bch-steady-despite-profit-taking\/","title":{"rendered":"Bitcoin Cash price forecast: BCH steady despite profit taking"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bitcoin-cash-price-steady-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bitcoin-cash-price-steady-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bitcoin-cash-price-steady-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/bitcoin-cash-price-steady-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitcoin Cash price hovered above $470 on June 18, 2025, despite broader profit taking.<\/li>\n<li>BCH could break to December 2024 highs around $640.<\/li>\n<li>However, a lack of decisive moves above $500 could allow for further declines if bearish momentum accelerates.<\/li>\n<\/ul>\n<p data-start=\"61\" data-end=\"219\">Bitcoin Cash (BCH) is trading just below $470, marginally in the red for the day, while most major altcoins have seen sharper declines over the past 24 hours.<\/p>\n<p data-start=\"221\" data-end=\"418\">The token, which is a fork of Bitcoin (BTC), is down 0.3% at the time of writing, faring better than most of the top 10 cryptocurrencies by market cap, which are down between 1.5% and 3%.<\/p>\n<p data-start=\"420\" data-end=\"580\" data-is-last-node=\"\" data-is-only-node=\"\">The total market capitalization of all cryptocurrencies has declined 1.5% to $3.26 trillion, reflecting a broader pullback in risk assets across global markets.<\/p>\n<h2>Bitcoin Cash price dips amid crypto market weakness<\/h2>\n<p>Despite the profit-taking that has intensified as uncertainty looms with the <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-trades-around-105k-amid-middle-east-tensions-whats-next\/\">geopolitical conflict in the Middle East<\/a>, Bitcoin Cash shows notable resilience.<\/p>\n<p>Macroeconomic pressures have also not helped investor sentiment, providing a potential downturn outlook for BCH and most altcoins.<\/p>\n<p>The Bitcoin Cash price stood among the top gainers last week, rising to hit highs near $480.<\/p>\n<p>It outpaced peers and Bitcoin\u2019s more modest gains as it extended above $400.<\/p>\n<p>However, the past 24 hours have seen BCH retreat from its multi-week highs, largely due to broader profit-taking across the market.<\/p>\n<p>Similar trends have seen Bitcoin price pullback from highs above $108k to under $105k, driven by geopolitical tensions.<\/p>\n<p>The recent military escalations between Israel and Iran have dampened investor confidence, contributing to market volatility.<\/p>\n<p>While there are positive developments, such as the US Senate\u2019s <a href=\"https:\/\/coinjournal.net\/news\/us-senate-approves-genius-act-to-regulate-stablecoins-bill-moves-to-house\/\">passage of the GENIUS Act<\/a>, broader uncertainty persists.<\/p>\n<p>Investors are thus largely cautious, a reflection seen in Bitcoin\u2019s performance.<\/p>\n<p>Indecision runs high, and BCH\u2019s delicate poise above $400 may be retested again.<\/p>\n<p>On the other hand, a flip could be huge for bulls.<\/p>\n<h2>BCH price prediction<\/h2>\n<p>Despite recent losses, Bitcoin Cash exhibits resilience, with bulls defending the $400 support level within an ascending triangle pattern.<\/p>\n<p>Often, such a pattern precedes bullish breakouts.<\/p>\n<p>Also steady is the Open Interest (OI) in BCH futures. Per <a href=\"https:\/\/www.coinglass.com\/currencies\/BCH\" target=\"_blank\" rel=\"noopener\">Coinglass<\/a>, OI has risen 2.8% to $487 million to signal continued trader confidence.<\/p>\n<p>Buyers may use the dip to position for a potential move.<\/p>\n<figure id=\"attachment_315627\" aria-describedby=\"caption-attachment-315627\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-315627\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/bitcoin-cash-price.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-315627\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/BCHUSD\/\" target=\"_blank\" rel=\"noopener\">BCH chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>Technical indicators bolster this optimism, with the Relative Strength Index (RSI) at 65 to suggest sustained bullish momentum.<\/p>\n<p>Bitcoin Cash\u2019s daily chart also has the Moving Average Convergence Divergence (MACD) showing a bullish crossover, suggesting buyers retain the upper hand.<\/p>\n<p>Should BCH break above the key $500 resistance, the next target lies at the December 2024 highs of $640, potentially signaling a broader rally.<\/p>\n<p>On the downside, strong support exists at $400, with $375 acting as a critical floor.<\/p>\n<p>A breach below these levels could accelerate bearish pressure, particularly if Bitcoin falls below the psychological $100k level.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-3.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-cash-price-forecast-bch-steady-despite-profit-taking\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin Cash price hovered above $470 on June 18, 2025, despite broader profit taking. BCH could break to December 2024 highs around $640. However, a lack of decisive moves above $500 could allow for further declines if bearish momentum accelerates. Bitcoin [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":54438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54437"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54437"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54438"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}