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Bitcoin Money has surpassed the $400 threshold for the first time since early February, achieving a 42.6% weekly increase and ranking among the leading altcoins.
It has maintained its position despite economic challenges—such as US President Trump’s “tariff war” and NATO tensions—which have impacted even the most resilient altcoins.
Although the last 24 hours have seen this momentum slow, with a slight 1.05% rise, a 33% decline in trading volume to $680 million indicates that volatility may be diminishing.
BCH Price Analysis: Is $1,000 Next?
While $1,000 remains a distant target, the current technical configuration suggests a mid-term movement significantly higher.
BCH / USDT 12H chart, falling wedge breakout. Source: TradingView.
The recent increase has not only broken out of a minor ascending channel pattern but has also confirmed a more significant falling wedge that has been developing since early December.
The ascending channel has fully played out, reaching its $411 target. However, the falling wedge indicates a much larger movement, targeting $570—a 40% increase from current levels.
That said, a brief consolidation seems likely, as the Relative Strength Index (RSI) remains in overbought territory at 70—often a precursor to corrections.
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Prices may experience a slight pullback before gaining momentum for another upward movement.
Bitcoin Cash May Not Experience the Peak of this Bull Cycle
Those who opted for Bitcoin Cash as an alternative to Bitcoin (BTC) may need to reconsider as Bitcoin Bull (BTCBULL) offers a new way to benefit from the leading cryptocurrency’s upward trends.
True to its name, Bitcoin Bull links its tokenomics to Bitcoin’s price appreciation in a deflationary model.
The project burns tokens and distributes BTC airdrops whenever Bitcoin reaches significant milestones—starting at $125,000 and triggering new rewards for each subsequent $25,000 increase.
With some analysts predicting BTC peaks of $250,000 this cycle, BTCBULL could become a Bitcoin enthusiast’s best ally.
Having raised over $3.3 million in its initial month, the project is already gaining strong traction—potentially attributed to its 129% APY on staking, which rewards early investors.
You can follow Bitcoin Bull on X and Telegram, or join the presale on the Bitcoin Bull website.
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