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Bitcoin Cash Price Prediction 2024-2050. Can BCH Ever Cross $1000?

Bitcoin Cash Price Prediction 2024-2050. Can BCH Ever Cross $1000?
Author: Admin
21-Nov-2024

What is Bitcoin Cash (BCH)?

Bitcoin Cash Price Prediction 2024

Bitcoin Cash Price Prediction 2025

Bitcoin Cash Price Prediction 2026

Bitcoin Cash Price Prediction 2030

Bitcoin Cash Price Prediction 2040 

Bitcoin Cash Price Prediction 2050

Can Bitcoin Cash (BCH) Ever Cross $1000?

Can Bitcoin Cash (BCH) Reach $10,000?

FAQs

  • What will Bitcoin Cash be worth in 2025?
  • What is BCH coin price prediction in INR?
  • Is Bitcoin Cash good to buy?
  • Where will Bitcoin Cash be in 5 years?
  • How to buy Bitcoin Cash (BCH) in India?
  • Where to buy Bitcoin Cash (BCH) in India?

Bitcoin Cash (BCH) gained attention recently after registering a significant gain of 14% in a single day. While other altcoins are snoozing, BCH is out here doing cartwheels. Is this uptrend in Bitcoin Cash a clue of something big coming, or are BCH whales just having some fun?

In the Bitcoin Cash price prediction blog below, we will put on our detective hats and solve the mystery. We will also answer two buzzing questions: Can BCH cross $1000, and Can BCH cross $10,000?

So, let's begin the BCH price prediction right away!

What is Bitcoin Cash (BCH)?

Bitcoin Cash (BCH) is a peer-to-peer electronic cash like Bitcoin. Merchants and users worldwide can use it to send or store money anytime at low fees and without intermediaries. The origin of Bitcoin Cash lies in 2017 when Bitcoin (BTC) became increasingly expensive due to higher activity and transactions, causing its market dominance to drop from 95% to 40%. At that time, a part of the Bitcoin community suggested increasing the block size to solve the scalability problem. However, the majority of members disagreed, and the community could not reach a consensus. As a result, those in support of increasing the Bitcoin block size decided to launch a Bitcoin fork called Bitcoin Cash (BCH) on August 1, 2017.

Thus, Bitcoin Cash (BCH) became a popular Bitcoin form with a higher maximum block size of 32 MB, which is comparatively higher than Bitcoin's 1 MB block size. This difference in block size allows Bitcoin Cash to process more transactions than Bitcoin in the same time period. Anyone who had BTC or Sats at that time (block 478558) became an owner of Bitcoin Cash (BCH).

After forking, BCH started to trade at $240 in August 2017, compared to Bitcoin's price of $2700 at that time. BCH faced steady but continuous price action in the next few months, causing it to reach its multifold ATH of $4355 by December. Since its launch, it was 1714.58% in less than six months. Since then, BCH has been unable to regain that price level and has been trading at three-digit values for over two years now.

In 2018, Bitcoin Cash further forked into Bitcoin ABC and Bitcoin SV.

Key Metrics Value
BCH Market Cap $8,625,455,654
BCH Rank by Market Cap #14
BCH Circulating Supply 19,791,131 BCH
BCH Total Supply 19,791,131 BCH
BCH Maximum Supply 21,000,000 BCH
BCH All-time High $4,55.62
BCH All-time Low $75.08

Bitcoin Cash Price Prediction 2024

A few factors are involved when we talk about Bitcoin Cash price prediction in 2024. The first factor is the Bitcoin Cash (BCH) halving, which was completed on April 4 2024, slashing the block reward from 6.25 BCH to 3.125 BCH. Days before the halving date, Bitcoin Cash (BCH) soared above $600 on March 31, 2024, marking its highest since December 2021. The upward trend continued and was further boosted post-halving, taking BCH's price to as high as $695 by April 7, 2024, but BCH could not maintain this momentum and shredded value throughout May and June with little relief. Nevertheless, this Bitcoin Cash halving can still be rewarding by igniting a bull run for BCH. Historically, BCH has been experiencing a gigantic bull run in the next year post-halving. Since the last halving was completed in April 2024, BCH price may begin to surge unprecedentedly by the year's end.

Another factor affecting the BCH price prediction for 2024 is the recent repayment to customers affected by the 2014 Mt. Gox hack. This distribution occurred in BCH and BTC coins from July 27, 2024, hinting towards higher market activity due to multiple addresses receiving their long-pending funds back. Moreover, BCH has also enjoyed higher whale activity in recent times. An X post by the whale tracker "FishTheWhales" stated that Whales are buying BCH, raising its trade volume and price. It also predicted that BCH could witness a 15-20% price pump based on this momentum.

BCH USDT

Analysts are also associating the rising BCH price with former US President and current Presidential candidate Donald Trump's recent bullish Bitcoin stand at the Bitcoin 2024 conference. Trump declared his plans to strengthen the country's Bitcoin reserves and make the USA the Bitcoin hub, BTC, and its fork coin, BCH, surge. While Bitcoin rose 3.23%, Bitcoin Cash (BCH) registered double-digit gains. 

This surprised many analysts, who predicted BCH would enter a bearish phase after Mt. Gox started distributing its users' holdings in BCH and BTC. They predicted a larger section of BCH coming into the market, causing the BCH price to fall temporarily due to higher selling pressure. However, BCH cancelled this narrative and surged 30% within a few days.

Thus, the overall activity in BCH looks bullish for 2024. With six months remaining until the end of this year, the BCH price can fluctuate significantly depending on the political landscape in the USA, Fed Interest rates, and other macroeconomic market factors. Given their common history and current concurrent growth, the BCH price will likely strongly resemble the BTC price.

Therefore, our BCH price prediction for 2024 in USD is - $850 (maximum), $409 (minimum) and $658 (average).

The same Bitcoin Cash price prediction for 2024 in INR converts to - INR 71,175 (maximum), INR 34,248 (minimum) and INR 55,098 (average).

Bitcoin Cash Price Prediction for 2024 Maximum Price Minimum Price Average Price
BCH Price Prediction 2024 (USD) $850 $409 $658
BCH Price Prediction 2024 (INR) INR 71,175 INR 34,248 INR 55,098

Bitcoin Cash Price Prediction 2025

As per the historic market cycles it established, the Bitcoin Cash price prediction for 2025 looks strongly bullish. If you look at the price chart of BCH, you can clearly spot bullish phases in the years next to BCH halving years.

BCH Prediction 2025

In fact, BCH also hit its all-time high of $4,355 in 2017, over one year after the second halving of its parent coin (Bitcoin) was completed. Even when Bitcoin Cash completed its first halving on April 8, 2020, where the mining reward was reduced from 12.5 BCH to 6.25 BCH, the next year proved strongly bullish for it.

Considering these patterns, BCH prices can experience significant pumps in 2025. Another factor that can add up to BCH price growth in 2025 is its direct connection with Bitcoin (BTC). As per macroaxis.com, the 3-month correlation between Bitcoin and Bitcoin Cash is 0.84, indicating their strong resemblance. Therefore, with Bitcoin spot ETFs receiving positive response in the USA, analysts predict one of the best bulls so far for it in 2025. As part of the ripple effect, BCH price may also benefit from such a scenario in 2025.

Connecting the dots, our Bitcoin Cash (BCH) price prediction for 2025 in USD is $1,407 (maximum), $809 (minimum) and $1,080 (average).

The same BCH price prediction for 2025 in INR is--INR 1,17,816 (maximum), INR 67,738 (minimum), and INR 90,430 (average). Given the highly volatile nature of Bitcoin Cash, make sure to take this prediction with a pinch of salt.

Bitcoin Cash Price Prediction for 2025 Maximum Price Minimum Price Average Price
BCH Price Prediction 2025 (USD) $1,407 $809 $1,080
BCH Price Prediction 2025 (INR) INR 1,17,816 INR 67,738 INR 90,430

Bitcoin Cash Price Prediction 2026

Unlike the previous years' Bitcoin Cash price predictions, 2026 could bring strong price drops as part of the correction. This is because coins often get slightly overpriced in the euphoric bullish zones, leading to sharp price corrections. However, chances exist that Bitcoin Cash may avoid this correction if it manages to increase its dominance and use cases through more adoption.

With Bitcoin slowly receiving higher market activity due to the participation of institutional investors, its network may experience heavy congestion in the upcoming years. If that happens, users may look for alternative modes of sending value and land to Bitcoin Cash due to its strong similarities but faster transaction speed than Bitcoin. However, the chances for that look minimal as multiple Bitcoin scaling alternatives like the Lightning network exist to offload the traffic from the Bitcoin blockchain.

Analyzing all these possibilities, our Bitcoin Cash price prediction for 2026 looks moderately bearish compared to 2024 and 2025. In USD, the BCH price prediction in USD turns out to be $1280 (minimum), $620 (minimum), and $950 (average).

The same Bitcoin Cash price prediction for 2026 in INR is - INR 1,07,177 (maximum), INR 51,913 (minimum) and INR 79,545 (average)

Bitcoin Cash Price Prediction for 2026 Maximum Price Minimum Price Average Price
BCH Price Prediction 2026 (USD) $1280 $620 $950
BCH Price Prediction 2026 (INR) INR 1,07,177 INR 51,913 INR 79,545

Bitcoin Cash Price Prediction 2030

So far, Bitcoin Cash has been a clear underperformer compared to Bitcoin. This indicates that the correlation between the two may be reduced in the coming years, causing the Bitcoin Cash price to struggle.

BCH prediction 2030

While Bitcoin and Bitcoin Cash were trading at similar price levels in 2017, the latter has been showing a declining trend since then. This is contrary to Bitcoin, which has shown stellar surges so far. This indicates that the demand for BCH has not improved and may continue to do so in the upcoming years. However, the coin may benefit from the wider market sentiments that will prevail in the forthcoming market cycles.

Thus, our BCH price prediction for 2030 in USD is - $1850 (maximum), $1160 (minimum) and $1570 (average).

The same BCH price prediction for 2030 in INR is - INR 1,54,904 (maximum), INR 97,130 (minimum) and INR 1,31,459 (average).

Bitcoin Cash Price Prediction for 2030 Maximum Price Minimum Price Average Price
BCH Price Prediction 2030 (USD) $1850 $1570 $1160
BCH Price Prediction 2030 (INR) INR 1,54,904 INR 97,130 INR 1,31,459

Bitcoin Cash Price Prediction 2040

As we look further into the future, the landscape for Bitcoin Cash (BCH) in 2040 will be shaped by its adoption, technological advancements, and market dynamics. Historically, BCH has shown the ability to capitalize on bullish cycles, often tied to its halving events and overall market sentiment.

By 2040, Bitcoin Cash could benefit significantly from increased use cases of peer-to-peer money transfer systems. Considering the projected growth in the cryptocurrency market and BCH's historical performance post-halving, it is plausible that BCH could reach new heights.

Thus, our Bitcoin Cash price prediction for 2040 in USD is- $5,500 (maximum), $2,800 (minimum), and $4,100 (average).

Converting these predictions to INR, the Bitcoin Cash price forecast for 2040 is - INR 4,64,710 (maximum), INR 2,34,450 (minimum), and INR 3,43,300 (average).

As always, these predictions are subject to the inherent volatility of the cryptocurrency market.

Bitcoin Cash Price Prediction for 2040 Maximum Price Minimum Price Average Price
BCH Price Prediction 2040 (USD) $5,500 $2,800 $4,100
BCH Price Prediction 2040 (INR) INR 4,64,710 INR 2,34,450 INR 3,43,300

Bitcoin Cash Price Prediction 2050

By 2050, Bitcoin Cash might see significant integration into everyday financial systems, potentially serving as a fast and reliable alternative to traditional banking. Moreover, its supply may also plummet, causing its price to see significant gains if it maintains the demand.

With that in mind, our Bitcoin Cash price prediction for 2050 in USD is $15,000 (maximum), $8,000 (minimum), and $11,000 (average).

The same BCH price prediction for 2050 in INR becomes- INR 12,55,980 (maximum), INR 6,69,850 (minimum) and INR 9,21,053 (average).

Bitcoin Cash Price Prediction for 2050 Maximum Price Minimum Price Average Price

Bitcoin Cash Price Prediction for 2050 Maximum Price Minimum Price Average Price
BCH Price Prediction 2050 (USD) $15000 $8000 $11000
BCH Price Prediction 2050 (INR) INR 12,55,980 INR 6,69,850 INR 9,21,053

Below is a compiled table of all Bitcoin Cash price predictions for 2024, 2025, 2026, 2030, 2040, and 2050 in USD:

BCH Price Predictions (USD) Maximum Minimum Average
2024 $850 $409 $658
2025 $1407 $809 $1080
2026 $1280 $620 $950
2030 $1850 $1570 $1160
2040 $5,500 $2,800 $4,100
2050 $15000 $8000 $11000

The same Bitcoin Cash price prediction in INR for these years is as follows:

BCH Price Predictions (INR) Maximum Minimum Average
2024 INR 71,175 INR 34,248 INR 55,098
2025 INR 1,17,816 INR 67,738 INR 90,430
2026 INR 1,07,177 INR 51,913 INR 79,545
2030 INR 1,54,904 INR 97,130 INR 1,31,459
2040 INR 4,64,710 INR 2,34,450 INR 3,43,300
2050 INR 12,55,980 INR 6,69,850 INR 9,21,053

NOTE: All INR price predictions in this BCH Price Prediction (ASI price prediction) blog are based on the current USDT-INR exchange rates (1 USDT = INR 83).

Can Bitcoin Cash (BCH) Ever Cross $1000?

Yes, BCH can cross $1000 if certain conditions align in its favour. The coin has an all-time high price of $4,355, which it hit in December 2017. While it is currently 90% down from this price level, BCH has shown appreciable price movements in the past month. Its recent gain of 30% within a few days hints towards its potential resilience. Moreover, the high correlation of BCH with BTC also helps it gain value at times. Additionally, its recent second halving reduced the new supply of BCH to half, which may further contribute to BCH regaining a $1000 value by 2025. However, for that to happen, the wider market sentiments need to be positive enough, given that BCH has no further upgrade or partnership in the pipeline. 

Can Bitcoin Cash (BCH) Reach $10,000?

When it comes to BCH reaching $10,000, the target looks achievable, but only from a long-term perspective and under certain circumstances. This is because BCH is required to gain 2,188.33%, which requires strong catalysts, huge fund inflow, and a series of favourable events. While Bitcoin Cash has previously shown such exponential growth in bull runs, its long-term price performance has declined. Therefore, it will take time for BCH to gain such gigantic momentum to pump and gain a five-digital valuation. Thus, while it is possible for Bitcoin Cash to reach the $10k mark, the coin may take decades to achieve that.

FAQs

What will Bitcoin Cash be worth in 2025?

As per our Bitcoin Cash price prediction for 2025, the coin can trade between $809 and $1407, depending on wider crypto sentiments, BCH demand and the market's overall health. We predicted this range, citing the possibility of a bull run to begin by 2025.

What is BCH coin price prediction in INR?

The BCH coin price prediction in INR is as follows:

BCH Price Prediction 2024 

71,175 (max), 34,248 (min) and 55,098 (avg)

BCH Price Prediction 2025 

1,17,816 (max), 67,738 (min) and 90,430 (avg)

BCH Price Prediction 2026

1,07,177(max), 51,913 (min) and 79,545 (avg)

BCH Price Prediction 2030   

1,54,904 (max), 97,130 (min) and 1,31,459 (avg)

BCH Price Prediction 2040

4,64,710 (max), 2,34,450 (min) and 3,43,300 (avg)

BCH Price Prediction 2050 

12,55,980(max), 6,69,850 (min) and 9,21,053 (avg)

Is Bitcoin Cash good to buy?

At current price levels, Bitcoin Cash can be a good to buy cryptocurrency. It is nearly 90% down from its all-time high price of $4,355 and has a high potential to give returns. However, given its historical downfalls, buying it in high quantities with poor or no diversification of funds can be extremely risky. Therefore, make sure to do your research and risk analysis before considering buying BCH.

Where will Bitcoin Cash be in 5 years?

Bitcoin Cash (BCH) could see notable growth in five years, driven by increased adoption and reduced supply. BCH might attract more users and businesses as a faster, cheaper alternative to Bitcoin. Market trends and regulatory changes will play crucial roles in its trajectory. While exact prices are hard to predict, BCH price prediction suggests that BCH can trade between $1160 and $1850, depending on the favorability of events.

How to buy Bitcoin Cash (BCH) in India?

You can buy BCH from a trusted FIU-registered cryptocurrency exchange like Flitpay.

To buy Bitcoin Cash (BCH) in india:

1. Register on Flitpay and create an account.

2. Verify your identity through Know-your-customer (KYC)

3. Add INR or Fiat currency, corresponding to the amount of BCH coins you want to buy.

4. Instantly buy BCH with the deposited funds.

Where to buy Bitcoin Cash (BCH) in India?

Flitpay is the best platform to buy BCH in India. Here, you can easily buy Bitcoin Cash, BTC and more than 150+ other cryptocurrencies. It is an FIU-approved cryptocurrency exchange with strong customer support and quick deposits/withdrawals.

Disclaimer: The content provided in this price prediction blog is purely for informational purposes and should not be considered financial advice. Cryptocurrency markets are highly volatile and subject to rapid fluctuations. Any investment or trading decisions based on the information presented here are at your own risk. We recommend conducting thorough research and consulting with a qualified financial advisor before making an investment decision.

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