Bitcoin Cash has staged a comeback in recent weeks, defying months of negative sentiment. Now priced at $631.73, up 2.21% in the last 24 hours, BCH is riding a wave of technical and on-chain confidence. Its chart recently confirmed a breakout above a key neckline at $634, completing an inverse head-and-shoulders formation. This setup signals a bullish reversal, with targets near $750.
The Smart Money Index tells the same story. After sitting deeply negative in August, it has recovered to near zero, suggesting that institutional players are buying rather than selling. Whale wallets holding between 100,000 and 1 million BCH have accumulated 110,000 more tokens, worth over $70 million. Despite 93% of supply being in profit, selling pressure has remained subdued, highlighting conviction among holders.
These developments underline why Bitcoin Cash is emerging as one of the coins with high ROI potential 2025. Its ETF-driven surge narrative has also sparked discussions, as Bitcoin-related investment products bring renewed attention to its ecosystem. If momentum continues, BCH could secure its strongest year since its launch.
