Will Bitcoin Cash (BCH) Succeed In Repeating 28% Rally Fractal From 2025?
Summary
Despite a recent dip, Bitcoin Cash (BCH) price action suggests a potential repeat of a 2025 consolidation phase that preceded a 28% rally. On-chain data indicates that mid-sized holders (100-1,000 BCH) have accumulated about 60,000 BCH recently, signaling organic demand and structural support. Furthermore, the MVRV Long/Short Difference is positive, suggesting long-term holders are more profitable, which reduces immediate selling pressure. Technically, BCH is consolidating in an asymmetrical triangle pattern while trading near $478. To replicate the past 28% move, BCH must hold the $479 support and break out above $540; failure to hold $458 support could invalidate this bullish recovery thesis.
(Source:BeInCrypto)