Some people can say that Bitcoin Cash right now is simply an anomaly, nothing to see here. But a closer look reveals nothing abnormal, more likely a very strong predictive signal that supports what we saw happening with the COIN stock and what was predicted recently to happen with ETHUSDT (Ethereum), that is, a very strong bullish breakout is the next main major market move.
Good morning my fellow Cryptocurrency trader, I hope this day finds you well.
How are you feeling?
Introduction — The market is one
In isolation, the market is tricky and hard to predict. Within a bigger context, we can easily predict what will happen next. Just look at Bitcoin Cash, it shows exactly what will happen because it has been being in perfect syntony with the rest of the market.
Many pairs are consolidating or retracing. My view is that a bullish move comes next.
Let’s see how Bitcoin Cash has been behaving lately and compare this to the rest of the market. The fact that it is bullish now predicts that also the other pairs will be bullish because they are moving in the exact same way.
Price action — Past history
A crash ends in early August 2024. By late 2024 the action goes bullish. November 2024 marks the start of a month long advance that ends December 2024. This is true for most of the altcoins market.
The December 2024 peak leads to a correction with the main low happening 3-February. Another low and market bottom happens 7-April 2025. From this point on, we have a recovery and after a high in late May, the market goes into retrace.
Present day
This retrace is where we are today for most of the pairs. 100% of these are trading within a higher low compared to 7-April. Here BCHUSDT ended its retrace and moved ahead of the pack to hit a higher high compared to May. It also produced the highest price since January 2025.
The future
This is not an anomaly. Bitcoin Cash’s price action simply reveals what is coming to the rest of the market. As it moved in perfect synchrony with other projects for months or even years, it will continue to do the same. The fact that it is trading higher now, means the other pairs will follow, in fact, some other pairs are already there; a bullish continuation.
Soon everything will grow.
Thank you for reading.
Namaste.
