Bitcoin Cash (BCH) Price Chart Mirrors 2017's Explosive Growth, Could Reach $4,000

Crypto analyst “salx” has highlighted Bitcoin Cash (BCH), saying it might be on the brink of a significant price increase. He compares the current chart setup to BCH’s explosive growth in late 2017, when the price increased from $312 on October 9 to $4,100 on December 18—a 1200% increase over two months. The analyst believes the same price explosion can happen within 30 to 90 days.

Crypto analysts are optimistic about Bitcoin Cash (BCH) as it shows signs of a potential breakout after surging 18.54% in the last 24 hours.

Bitcoin Cash (BCH) Price Could Soar 1,013% to Reach $4,100

Analyst ‘salx’ has highlighted BCH, suggesting it might be setting up for a significant move. He compares the current chart setup to BCH’s explosive growth in late 2017.

Back then, BCH went from $312 on October 9 to $4,100 on December 18, a 1,200% increase over two months. The analyst believes the same price explosion can happen within 30 to 90 days.

A key part of his analysis is the ‘cup and handle’ pattern, a widely recognized bullish technical formation. The breakout level for this pattern is at $4,100, the same level BCH reached at its 2017 peak.

If this formation plays out, the Bitcoin Cash price could see an explosive rally, potentially pushing it toward similar or even higher price levels. The accompanying chart reinforces this setup, showing BCH consolidating within a bullish structure.

BCH Poised to Rally 77.56% in the Near Term

Analyst World Of Charts shared similar, though slightly less optimistic, sentiments. He noted that the BCH coin would typically follow a bullish pattern after breaking key resistance levels, which would lead to explosive rallies.

The chart shared by the analyst shows that Bitcoin Cash was moving in a descending channel.

Previous breakouts from such patterns have seen serious price rallies, with the recent rally pushing BCH by 94.55%. This time, the estimate suggests a potential movement of approximately 77.56%, pushing BCH to $625 if the trendline resistance is crushed.

As Bitcoin is predicted to rise as high as $200,000 before the end of 2025, other coins like Bitcoin Cash (BCH) could benefit from renewed interest from investors. If past patterns hold true, BCH may be on track for one of its biggest price increases in years.

However, the crypto market in 2025 could be very different from past years. We might see more regulations, more big investors, and more influence from the overall economy.