Bitcoin Cash Halving: Will the Price Fall or Fly?

Bitcoin Cash is gearing up for its halving event. But with price fluctuations and market dynamics at play, will it be a bumpy ride or a smooth ascent?

Bitcoin Cash Halving: Will the Price Fall or Fly?

Bitcoin Cash (BCH) is on everyone's radar as the August halving event approaches, sparking debates on whether the price will plummet or skyrocket. Here's the lowdown:

The Halving Hype

The buzz around Bitcoin Cash centers on its halving event. Historically, these events, which reduce the rate at which new BCH enters the market, have been seen as potential catalysts for price increases. The expectation is that a reduced supply, coupled with sustained or increased demand, could drive the price up.

Recent Price Action: A Rollercoaster

In the days leading up to the halving, BCH experienced significant volatility. On August 4th, 2025, there was a notable surge, followed by a period of profit-taking. As of August 10th, 2025, BCH was trading around $563.30, a 3.97% drop in 24 hours, despite the overall bullish sentiment surrounding the halving. This pullback reflects a classic “buy the rumor, sell the news” scenario, where initial speculation drove prices up, but immediate momentum cooled as the event drew nearer.

Technical Indicators: Mixed Signals

Technical analysis paints a mixed picture. The Relative Strength Index (RSI) for Bitcoin Cash is neutral, suggesting neither overbought nor oversold conditions. However, the MACD histogram indicates bearish momentum in the short term. Despite these mixed signals, BCH remains above its key moving averages, indicating underlying strength.

Key Levels to Watch

Keep an eye on these levels:

• Resistance: $608.20
• Support: $490.20

Breaking the resistance at $608.20 could signal further upside, while a drop below the $490.20 support level might indicate a deeper retracement.

Should You Buy BCH Now?

Whether to buy BCH now depends on your trading style and risk tolerance.

• Short-term traders: Might wait for a clear break above resistance or a test of support before taking action.
• Swing traders: Could find current levels attractive, with stop-losses set below $490.20.
• Long-term investors: Might consider dollar-cost averaging, given the historical volatility around halving events.

Final Thoughts: Buckle Up!

Bitcoin Cash is at a pivotal moment. With the halving on the horizon, the price could go either way. Keep an eye on those key levels, and remember to do your own research before making any moves. Whether you're a seasoned trader or just dipping your toes into crypto, it's gonna be an interesting ride!