Bitcoin Cash (BCH) Price Prediction 2024-2030

Bitcoin Cash (BCH) is a cryptocurrency that emerged as a result of a hard fork from the original Bitcoin (BTC) blockchain on August 1, 2017. The fork occurred due to a disagreement within the Bitcoin community regarding the original Bitcoin network's scalability and transaction processing speed.

Bitcoin Cash aims to address some of Bitcoin's limitations by increasing the block size, allowing more transactions to be processed in each block. This increase in block size was intended to improve the scalability of the network and reduce transaction fees, making it more practical for everyday transactions. While Bitcoin has a block size limit of 1 megabyte, Bitcoin Cash initially increased this limit to 8 megabytes, allowing for more transactions to be included in each block. Subsequently, Bitcoin Cash has undergone further upgrades to increase its block size even more, with blocks up to 32 megabytes.

Since its inception, Bitcoin Cash has seen both support and criticism within the crypto community. Supporters argue that its larger block size allows for faster and cheaper transactions, making it more suitable for everyday use as digital cash. On the other hand, critics raise concerns about centralization risks due to larger block sizes and the potential for network instability.

Despite these debates, Bitcoin Cash remains one of the prominent cryptocurrencies in the market, with a dedicated community of users and developers continuously working to improve its technology and adoption. In this Bitcoin Cash price prediction, we discuss the perspectives of this cryptocurrency as an investment in the next few years.

Bitcoin Cash (BCH) Overview

As of March 3, 2024, Bitcoin Cash was the 17th most valuable cryptocurrency by market capitalization, according to CoinMarketCap. The table below summarizes other relevant data for the same date.

Bitcoin (BCH) Price History

According to CoinMarketCap, the opening BCH price was $412.6 in 2017. This cryptocurrency rapidly increased its value, soaring to its all-time high of $4,355.6 on December 20, 2017. However, there was a price correction in the following weeks, sending the BCH price to $891 on February 5, 2018. Bitcoin Cash continued losing value in the following weeks, dropping to $641.9 on April 5. One month later, on May 6, the BCH price spiked, reaching $1,766.6.  Then, the price progressively dropped, ending 2018 at about $160.

The BCH price stayed below its opening price for the next two years, except for a few sporadic price spikes that did not exceed $500. In 2021, the BCH price experienced a new rally, climbing to $1,509.1 on May 6. However, the price dropped soon after this spike, reaching $430.9 on July 21. The BCH price was relatively stable until the end of 2021. In 2022, the BCH price plummeted, staying below the opening price of $412.6 for almost the entire year. In 2023, the situation was not better.

In 2024, BCH started the year at about $259. The price fluctuated around this value until mid-February. In the last week of February, the BCH price began to increase. As of March 3, 2024, BCH traded at about $466.

Bitcoin Cash (BCH) Prediction

Bitcoin Cash (BCH) Prediction for 2024

How will BCH perform in the following months? Most price predictions agree the BCH price will increase but differ by how much. PricePrediction expects meager growth, indicating an average BCH price of $416.3 and a maximum of $490.5 in 2024. AMBCrypto forecasts an average price of $540.1 and a potential maximum of $648.1. In contrast, DigitalCoinPrice predicts an optimistic scenario with an average BCH price of $971.4 and a possible maximum of $1,034.2. If correct, a BCH investment at the current $466 per coin could grow by +121.9 within this year.

Bitcoin Cash (BCH) Prediction for 2025

In 2025, the BCH price will continue to expand, according to most predictions. However, AMBCrypto expects the BCH price to drop next year, reaching an average of $313.3 and a maximum of $376. In contrast, PricePrediction indicates an average BCH price of $610.8 and a maximum of $692.9 in 2025. DigitalCoinPrice is significantly more optimistic, forecasting an average price of $1,190.4 and a possible maximum of $1,233.7. Hence, a BCH investment at the current trading price of $466 could increase its value by +164.7% in 2025.

Bitcoin Cash (BCH) Prediction for 2026

AMBCrypto predicts an average BCH price of $336.6 in 2026, which could reach a maximum of $403.9. PricePrediction is more optimistic, with an average price of $922.5 and a maximum of $1,036. DigitalCoinPrice predicts an average BCH price of $1,691.6 in 2026, which could reach a maximum of $1,709.5. In this case, a BCH investment at the current $466 could increase its worth by +267% by 2026.

Bitcoin Cash (BCH) Prediction for 2030

Long-term price predictions disagree on the BCH price in 2030. AMBCrypto predicts an average price of $448.3 and a maximum of $538. DigitalCoinPrice is much more optimistic, forecasting an average price of $3,485.4 and a maximum of $3,548.1. DigitalCoinPrice presents an even better scenario, with an average BCH price of $3,917 and a maximum of $4,540, shattering its current all-time high. In such a case, a BCH investment at the current $446 per coin could grow by +918% by 2030.

Conclusion

Bitcoin Cash is one of the most prominent cryptocurrencies. However, it has had a turbulent price history, with significant ups and downs. This article shows that price predictions greatly disagree on this coin’s future price, reflecting its inherent high volatility. Bitcoin Cash could be a fair long-term investment, but it would be best to research this asset thoroughly before investing.

FAQs

Is Bitcoin Cash (BCH) a good investment?

It might be a fair long-term investment.

How high can Bitcoin Cash (BCH) go?

According to PricePrediction, BCH could trade at a maximum of $129,333 in 2040 and $210,878 in 2050.

Should I invest in Bitcoin Cash (BCH)?

This question only you can answer. Bitcoin Cash could be a profitable long-term investment. However, other cryptocurrencies have the potential to yield higher returns in the long run. Do your own research to decide whether to add BCH to your investment portfolio.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.