BTCC / BTCC Square / Coindesk /
Bitcoin Cash Skyrockets 5% – Bullish Golden Cross Signals Dominance Over BTC in 2025

Bitcoin Cash Skyrockets 5% – Bullish Golden Cross Signals Dominance Over BTC in 2025

Coindesk
Author:
Coindesk
Release Time:
2025-07-01 14:00:10
0

Bitcoin Cash isn't just bouncing—it's staging a full-scale rebellion against its big brother. A 5% surge in 24 hours? That's not a fluke. That's a statement.

The Golden Cross Heard 'Round the Crypto World

When BCH's 50-day MA punches through the 200-day like a bull through a china shop, traders listen. This isn't technical analysis—it's a financial adrenaline shot straight to the heart of the market.

Meanwhile, Bitcoin maximalists are suddenly very interested in 'alternative L1 solutions' (translation: their bags are getting heavy). The irony? Beautiful. The opportunity? Even better.

Remember: in crypto, today's golden cross is tomorrow's 'I told you so'—or your broker's excuse for why your portfolio got rekt. Choose wisely.

Key AI insights

  • In the last 24 hours from June 30, 13:00 to July 1, 12:00, BCH exhibited a significant bullish trend, climbing from $491.25 to $519.65, representing a 5.8% gain.
  • The price range during this period was $37.80 (7.7%), with BCH reaching a peak of $527.37 at 03:00 on July 1 following exceptional volume support.
  • Key resistance formed around $527 with multiple tests, while support was established at $519-$520, suggesting continued bullish momentum despite the minor pullback.
  • Over 120,000 BCH changed hands at 01:00—nearly triple the 24-hour average volume, indicating strong buyer interest.
  • In the last 60 minutes from 1 July 11:30 to 12:29, BCH experienced significant volatility, initially climbing 0.55% from $519.67 to $522.55 by 11:57, before sharply declining 0.71% to close at $518.85.

BCH/BTC chalks out golden cross

The Binance-listed bitcoin cash-bitcoin (BCH/BTC) pair, which tracks the ratio between the prices of BCH and BTC, has risen nearly 20% in four weeks, hitting a six-month high of 0.0049, according to data source TradingView.

BCH's outperformance is gathering momentum as evidenced by the bullish golden crossover of the 50-day simple moving average (SMA) crossing above the 200-day SMA.

The pattern indicates that short-term momentum is now outperforming the broader trend, with the potential to evolve into a significant bull market.

BCH/BTC's daily chart. (TradingView/CoinDesk)

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users