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Bitcoin Cash (BCH) To Rise Further? Key Fractal Pattern Signaling Potential Upside Move
Date: Tue, July 01, 2025 | 06:40 AM GMT The cryptocurrency market has managed to make a solid rebound in Q2, with Ethereum (ETH) jumping by an impressive 36.5% from a low of $1,385 to currently trading around $2,450. This bullish momentum is spilling over to select altcoins, and Bitcoin Cash (BCH) is one of the clear beneficiaries. With a strong 72% gain over the last 90 days, $BCH is once again flashing signs of strength. But beyond just price action, a larger technical picture is forming—a clear fractal pattern that suggests the rally may not be over yet.
Source: Coinmarketcap BCH Repeating Its Late 2024 Breakout Structure The daily chart of BCH is showing a compelling falling wedge pattern. Back in late 2024, BCH bounced off the lower support of the wedge (marked by a green dot) and exploded by over 131%, touching the upper resistance trendline. After the rally, a bearish crossover between the 100-day and 200-day moving averages led to a correction phase.
Bitcoin Cash (BCH) Daily Chart/Coinsprobe (Source: Tradingview) Fast forward to April 7, 2025: BCH revisited the same wedge support and launched another strong bounce. Since then, it has already rallied by over 108%, and the current trajectory closely resembles the previous breakout move—signaling a fractal in play. According to this pattern, there is still room for another 8% upside, with the next potential resistance coming near the upper boundary of the falling wedge around $560. This level has acted as a ceiling in previous rallies and could be the next zone to watch closely. What’s Next for BCH? If BCH continues to follow its fractal setup, a retest of the wedge’s upper trendline near $560 is likely. Beyond that point, traders will want to monitor closely whether price stalls or breaks through. The convergence of the 100-day and 200-day moving averages around this zone suggests a potential crossover event, which could signal the next major move—either a continuation or another rejection. In any case, BCH is currently in a high-momentum phase and remains one of the top altcoins to watch as July unfolds. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.