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Based on the analysis of short-term and medium-term price predictions of Bitcoin Cash (BCH), analyze the long-term forecast for 2024, 2025, 2026, 2027, 2028, 2029 – 2030. Current Price – $224.50 Sentiment – Bearish Price Prediction – 225.66 (0.16%) Market cap – $4.39 billion Fear & Greed Index – 71 (greed) Volume – $120 Million Volatility – 3.1% 200-day EMA – $207 Green Days – 13/30 (43%) RSI – 44.12 According to the analysis, the Bitcoin Cash (BCH) price will gain 0.16% to reach $225.66 by December 07, 2023. The market capitalization is $4.39 Billion and the volatility is 3.10%. The fear & greed index is 71 (greed) and the BCH price has remained bearish for 13 days in the last 30 days which suggests that bears are in grip. Based on the past movement of Bitcoin Cash, the BCH price may range between $163.22 on the lower end and $258.44 on the higher end by next year. On a weekly time frame, the Bitcoin Cash price was in a consolidation phase and gave a breakout in July. The BCH price surged by 205% in two weeks. After the spike, the BCH price witnessed profit booking. Bitcoin Cash price is forecasted to range between $39.63 at the lower end and $156.14 at the higher end. Compared to today’s price, Bitcoin Cash price will lose 34% by 2030 if it reaches the upper target. Based on the data on December 01, 2023, the general Bitcoin Cash price prediction sentiment is bearish. Here, bears are dominating with 64% of technical indicators signaling a bearish signal and only 36% signaling a bullish signal. The for the next 7 days based on the positive/negative trends of the past 30 days says that the price is predicted to gain 3.67% to reach 233.57% by Dec 07, 2023. Based on our technical analysis, the BCH price will gain 0.00% to reach $224.80 by today. The BCH price is predicted to gain 0.40% to reach $226.88 by tomorrow. The BCH price is predicted to fall 11.10% to reach $199.10 by the end of 2030. Bitcoin Cash price would gain 4,343.28% to reach $10,000. The BCH price will hit $10,000 by June 2031. Bitcoin Cash price needs to gain 43,431.25% to reach $100,000. The Bitcoin Cash price will hit $100,000 by August 2037. The Bitcoin Cash price has managed to defend the 200-day moving average which indicates bullish strength. If the price manages to surpass the 50-day EMA, then bulls may bring back their confidence and the price may fly further. Resistance Levels: $260 & $320 Support Levels: $184 & $140 & $96 Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone has their own uniqueness, a certified professional should be continually consulted before making any economic decisions.
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