The post BCH Price Outperforms Bitcoin And Teases A 30% Jump! appeared first on Coinpedia Fintech News
With a YTD growth of 145%, Bitcoin Cash price outperforms the 120% YTD growth in Bitcoin. However, despite the recent increase in BTC price with the window of Bitcoin Spot ETF getting shorter, the BCH price struggles to regain momentum.
With a divergent trend in the past few weeks, the BCH price consolidates and shakes out multiple holders. Nevertheless, the possibility of a bull run on the approval of Bitcoin Spot ETF remains strong amongst the Bitcoin Cash participants.
Source – Tradingview
Outperforming the Bitcoin, the BCH price prediction hints at a positive trend continuation in 2023.
BCH Price Analysis Teases $250 Breakout
Source – Tradingview
Maintaining a bull run in the longer picture, the BCH price regains momentum as it bounces back from $200. The uptrend heads higher but struggles to absorb the high supply pressure above the $250 mark.
With buyers maintaining th
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