BCH Price Prediction: Targets $670-720 by Mid-February Amid Technical Recovery

BCH Price Prediction Summary

• Short-term target (1 week): $635-650 • Medium-term forecast (1 month): $670-720 range
• Bullish breakout level: $635 • Critical support: $578

What Crypto Analysts Are Saying About Bitcoin Cash

Recent analyst commentary has painted an optimistic picture for BCH's near-term trajectory. Tony Kim provided a BCH price prediction on January 3, 2026, stating: "Bitcoin Cash eyes $670-$720 range within 30 days as MACD bullish momentum and strong support at $580 create favorable setup for continued upside."

Adding to the bullish sentiment, Felix Pinkston offered an even more aggressive Bitcoin Cash forecast on January 6, 2026: "BCH price prediction suggests a potential 16.6% rally to $750 within 30 days, supported by bullish MACD momentum and proximity to 52-week highs at $643.20."

These analyst predictions align with current technical indicators showing underlying strength despite BCH's recent 1.69% daily decline to $599.50.

BCH Technical Analysis Breakdown

Bitcoin Cash currently trades at $599.50, positioned between key technical levels that suggest a consolidation phase before the next directional move. The RSI reading of 46.34 indicates neutral momentum, avoiding both overbought and oversold extremes that could signal immediate reversal pressure.

The MACD configuration presents the most compelling bullish signal, with the histogram at 0.0000 suggesting bullish momentum is building. This technical setup supports the analyst predictions for upward movement in the coming weeks.

Bollinger Band analysis shows BCH trading at 0.21 of the band range, closer to the lower band at $583.04 than the upper band at $661.19. This positioning historically suggests room for upward movement toward the middle band at $622.12, which aligns with the 20-day SMA.

Moving average structure reveals a mixed but improving picture. While BCH trades below shorter-term averages (7-day SMA at $628.27 and 20-day SMA at $622.12), it maintains positions above longer-term averages including the 50-day SMA at $589.22 and 200-day SMA at $555.60, indicating the broader uptrend remains intact.

Bitcoin Cash Price Targets: Bull vs Bear Case

Bullish Scenario

The primary resistance cluster sits between $617-635, representing the immediate resistance level and strong resistance respectively. A break above $635 would confirm the bullish breakout scenario, opening the path toward analyst targets of $670-720.

The 52-week high reference point near $643 becomes crucial for sustained upward momentum. Breaking this level with volume would validate the most optimistic BCH price prediction scenarios and potentially drive prices toward the $750 target mentioned by Felix Pinkston.

Technical confirmation for the bull case requires RSI moving above 50 and MACD histogram turning definitively positive, both of which appear achievable given current positioning.

Bearish Scenario

Downside protection exists at multiple levels, with immediate support at $588.93 and strong support at $578.37. These levels align closely with analyst Tony Kim's mentioned support zone around $580.

A break below the strong support at $578 would invalidate the near-term bullish thesis and potentially expose BCH to further downside toward the 50-day moving average at $589.22. However, the significant gap between current prices and longer-term moving averages suggests substantial downside cushion exists.

The 24-hour trading range of $596.30-$624.80 provides immediate reference points for short-term risk management.

Should You Buy BCH? Entry Strategy

Current technical positioning suggests a measured approach for new positions. Conservative buyers might wait for a test of the $588-590 support zone to establish positions with favorable risk-reward ratios.

More aggressive traders could consider entries on any push above $617, targeting the analyst-predicted range of $670-720. This approach requires stops below $588 to limit downside exposure.

The daily ATR of $29.26 indicates typical volatility levels, suggesting position sizing should account for potential $30+ daily moves in either direction.

Conclusion

The Bitcoin Cash forecast appears constructive for the next 30 days, with multiple analysts targeting the $670-750 range representing 12-25% upside potential. Technical indicators support this view through bullish MACD momentum and strategic positioning within established support zones.

However, immediate resistance at $617-635 must be overcome to validate the most optimistic scenarios. The neutral RSI provides room for upward movement without immediate overbought concerns.

This BCH price prediction is for educational purposes only and should not constitute financial advice. Cryptocurrency investments carry substantial risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.