Recently, crypto analysts have been drawn to Bitcoin Cash (BCH); Alan Santana gave an extremely complex analysis on the future of the currency. However, he advises investors to wait to accumulate BCH until the market shows clearer signs of stability.
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Santana’s cautious outlook was based on the idea that, in his view, the market correction was not yet over. He indicated that BCH may still need some room to bottom, probably ahead of the bull market expected in 2025.
Strategic accumulation and market timing
The analyst focuses on a meticulous accumulation strategy. Santana advises investors to wait for market bottom signals before buying BCH. He says such patience can be richly rewarded. He also encourages you to look at both linear and logarithmic charts, as each offers a different perspective on price action. This gives a better overview of where BCH could go if the two are combined.
Bitcoin Cash Pre-2025 Bull-Market Accumulation Zone and Strategy
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Bitcoin Cash Peaked Before… pic.twitter.com/DMLJ077ufN
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These potential returns would obviously be for those willing to follow the advice. However, he also warned that such gains will most likely have to be carried through further declines in the market. Timing and patience when entering wildly swinging markets therefore seem to be most emphasized in his strategy.
BCH is independent of the broad market trend. In 2021, BCH led in May, slightly ahead of other altcoins. In the year 2023, BCH started in June and peaked in April 2024. This time difference here can give BCH an additional strategic advantage for investors who understand that market behavior.
World Of Charts, another analyst, recently made an optimistic prediction for the price trajectory of Bitcoin Cash (BCH). WOC believes that BCH is almost ready for a big rebound in the coming weeks.
BCH was testing a number of resistance levels at the time of his research. These milestones functioned as obstacles that BCH had to overcome in pursuit of new annual highs. According to the analyst, there could be significant price gains if BCH manages to overcome these resistance levels.
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Short-term outlook: resistance and growth
While Santana’s long-term view is very conservative, BCH’s short-term forecasts are quite optimistic. CoinCheckup data shows that this means a possible 4.80% increase in BCH over the next three months. This growth could be driven by steady accumulation and mildly bullish momentum. Although modest, this could allow BCH to test the $230-$240 resistance zone.
Moving on, the six-month outlook for BCH is for an expected increase of 14%. Assuming BCH can break out of its current resistance levels, the target will be the $270-$280 zone. But even more important will be how the market reacts to those levels, and that will determine whether BCH will maintain its momentum or suffer heavy pullbacks.
Featured image of Pintu, chart from TradingView
