Bitcoin Cash price prediction: Sideways action ahead? BCH gains 12.76% intraday

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Bitcoin Cash jumps 12.76% to $520.50

Highlights

mF International is expanding its digital asset treasury by developing in-house Bitcoin Cash mining infrastructure, funded through a $500 million share and warrant issuance.
Proceeds from the Class A share raise will primarily support Bitcoin Cash acquisition and mining, with additional funding allocated to general corporate purposes.
Bitcoin Cash trades at $520.50, well below moving averages, with key resistance at $543.10 and support near $498.83, reinforcing a dominant downside technical bias.

Capital raise and mining buildout as corporate demand for BCH grows

mF International, a Hong Kong-based financial trading solution provider, announced plans to strengthen its digital asset treasury by developing in-house Bitcoin Cash mining infrastructure. The company raised funds through the issuance of 50 million Class A ordinary shares and pre-funded warrants priced at $10.00 each, primarily to support the acquisition and mining of Bitcoin Cash and other cryptocurrencies. Additional proceeds will be allocated for general corporate purposes.

Mixed momentum signals amid resistance test and weak buyers’ conviction

Technically, immediate resistance is located near the Ichimoku Kijun at $543.10, with dynamic support seen close to the Hull Moving Average at $498.83. Momentum signals are mixed: daily MACD and ADX both point to a bearish bias with weak trend strength, while the Stochastic RSI flashes a strong buy. The Commodity Channel Index suggests oversold conditions, and the Relative Strength Index is neutral to weak. Bull/Bear Power indicates an overbought bounce but a tentative effort by buyers to assert themselves intraday, and overall oscillator divergence points to ongoing short-term uncertainty.

Sideways drift likely as bearish odds outweigh recovery prospects

Over the next five trading days, BCH is expected to move within a $498.00–$540.00 volatility band relative to current levels. The probability of a further rise remains very low (below 20%), with renewed declines more likely in the near term. The baseline scenario is for BCH to drift sideways in a wide corridor as buying interest cools. If buyers regain control and push BCH decisively above $543, a move toward $560 becomes possible, while a drop below $498 could lead to further declines toward previous weekly lows.

Viktoras Karapetjanc, leading analyst at Traders Union, sees the latest mF International announcement as a positive signal for Bitcoin Cash sentiment and long-term institutional credibility. He notes that despite current bearish momentum, increased treasury investment and mining activity reflect growing confidence in BCH's digital asset fundamentals. According to Karapetjanc, the near-term technical outlook remains tricky, but the news backdrop tempers downside risk and supports a constructive bias. He believes sideways movement is more likely, with a potential recovery if buyers reclaim the $543.00 level. "Ongoing institutional engagement points to underlying strength for Bitcoin Cash, and I expect this to gradually translate to price support as volatility settles."

Previously it was reported that Bitcoin Cash is trading at $520.70 after a strong intraday rally, but the asset remains below its major moving averages (MA-20, MA-50, MA-200), reflecting ongoing downside pressure. Momentum indicators are mixed—daily MACD and ADX show weak sellers, while short-term oscillators highlight overbought conditions and resistance at the Ichimoku Kijun and MA-50 suggest limited upside as rally fatigue emerges.

Source of Data: BCH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.