Bitcoin Cash (BCH) has booked a 12.6% gain in the past week, and one trader believes that this could be the beginning of a strong move upwards.
Trading volumes for the token have surpassed $600 million, currently accounting for 6% of the asset’s circulating supply.
BCH demonstrates resilience despite the overall wave of negative momentum that is hitting the market after the Chairman of the Federal Reserve, Jerome Powell, cast doubts on the certainty of a third rate cut in December.
The market considered this cut a given, as data from FedWatch shows that analysts assigned a 91% probability to this decision a week ago. Those odds have now declined to 68%, and the market is readjusting its forecasts accordingly.
The $BCH retest is complete.
Now it's time for the real rally to begin.
The first real bull rally in eight years is starting. pic.twitter.com/HUXPIE7PbN
— CW (@CW8900) October 28, 2025
Crypto trader CW8900, whose X account is followed by more than 15,000 users, has been sharing some interesting bullish predictions on BCH.
Based on how the price action has behaved on the weekly chart, BCH could be on the verge of a major upward push as it broke a long-dated downtrend and successfully retested it.
If the token starts to climb right after this key support retest, it will confirm a bullish outlook for BCH that could set the token on course to recapture the $1,500 level, meaning a 200% upside potential based on today’s price.
Daily Price Action Confirms Bullish Outlook for Bitcoin Cash (BCH)
The daily chart shows that BCH bounced off a key level at around $420 that had acted as both support and resistance in the past. Bitcoin Cash experienced a less pronounced downturn onOctober 10, emphasizing its resilience compared to peers.
The price broke above the 200-day exponential moving average already, favoring a bullish long-term outlook, and could soon retest the $600 swing high, meaning a 12% upside potential in the near term.
Meanwhile, if bullish momentum accelerates and BCH rises past this mark, we could witness an even stronger push to $1,000 at least. This coincides with CW8900’s predictions.
The Relative Strength Index (RSI) just flashed a buy signal upon crossing above the 14-day moving average and the midline. The stage looks set for an explosive move, and it still seems to be early enough to catch most of the upside.
A Bitcoin-linked scaling solution like Bitcoin Hyper ($HYPER) could benefit from the rise of BCH. This project has already attracted over $25 million from investors who have participated in its hot crypto presale and could be one of this cycle’s still-hidden gems.
Bitcoin Hyper ($HYPER) Prepares to Launch the First Real Bitcoin L2
Bitcoin Hyper ($HYPER) marks a new era for Bitcoin by tackling its biggest limitations — slow speeds, high fees, and lack of programmability.
Built as Bitcoin’s first real layer 2 chain, it brings lightning-fast transactions, lower costs, and the power to build dApps directly on top of Bitcoin’s secure foundation. This is also possible with the help of the more efficient Solana blockchain, on which the Hyper L2 relies.
The Hyper Bridge receives Bitcoin tokens safely on the OG network and mints the corresponding amount of the Hyper L2 with near-instant finality. Once in there, BTC holders can easily earn yield, stake, and lend their assets.
With staking rewards sitting at a 47% APY, Bitcoin Hyper is positioning itself as the next major evolution in Bitcoin’s long-awaited pivot to the DeFi world.
Early buyers can join the Bitcoin Hyper presale at an entry price of $0.01395. The price increases periodically as more tranches are sold.
To buy $HYPER before the next price increase, head to the official Bitcoin Hyper website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to buy it.
