{"id":632983,"date":"2025-03-05T14:40:41","date_gmt":"2025-03-05T14:40:41","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=632983"},"modified":"2025-03-05T14:40:41","modified_gmt":"2025-03-05T14:40:41","slug":"bitcoin-cash-price-prediction-bch-pumps-22-despite-trump-tariffs-but-traders-buy-this-ico-offering-free-bitcoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/bitcoin-cash-price-prediction-bch-pumps-22-despite-trump-tariffs-but-traders-buy-this-ico-offering-free-bitcoin","title":{"rendered":"Bitcoin Cash Price Prediction: BCH Pumps 22% Despite Trump Tariffs, But Traders Buy This ICO Offering Free Bitcoin"},"content":{"rendered":"

The Bitcoin Cash Price soared over 22% in the last 24 hours to trade at $376.52 as of 6:06 a.m. EST as investors go long on the crypto.<\/span><\/p>\n

The surge in the BCH price comes even amid growing fears of a global trade war due to trade tariffs being imposed by US President Donald Trump. <\/span><\/p>\n

Canada and Mexico have already announced retaliatory import levies on the US after Trump’s 25% tariffs came into effect yesterday. Trump has also doubled tariffs on China and it, too, retaliated. <\/span><\/p>\n

Bitcoin Cash Price Trying To Establish A Position Above A Major Resistance<\/span><\/h2>\n

\"BCH<\/p>\n

4-hour chart for BCH\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The Bitcoin Cash price was able to breach a resistance level at $370.55 in the last couple of hours, according to data from <\/span>GeckoTerminal<\/span><\/a>. Should the <\/span>crypto<\/span><\/a> close a 4-hour candle above this threshold within the next 12 hours, it could have the foundation needed to keep rising in the short term. Traders might subsequently push BCH to $396.26.<\/span><\/p>\n

On the other hand, the Bitcoin Cash price failing to establish a position above $370.55 could lead to a pull back. In this more bearish scenario, the altcoin might end up testing the recently-flipped $350.09 mark as support. Continued sell pressure should BCH fall to this price point could then lead to a plunge to as low as $325.55.<\/span><\/p>\n

Buyers Looking To Push The Bitcoin Cash Price Further Up<\/span><\/h2>\n

From a technical perspective, indicators on BCH’s 4-hour chart suggest the Bitcoin Cash price might keep rising in the next few hours. More specifically, Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) are flashing bullish.<\/span><\/p>\n

In the last 24 hours, the 9 EMA crossed above the 20 EMA line. This suggests the Bitcoin Cash price has entered a short-term positive cycle. With the gap between the two EMAs growing, it seems BCH’s bullish momentum is gaining strength.<\/span><\/p>\n

Additionally, RSI readings have surged from just below 50 to the low 70s, an indication of increasing buyer power. While high RSI readings warn a crypto’s downside potential is greater than its upside potential, and are subsequently seen as a sell signal, it’s not unusual for the RSI to remain high when a <\/span>crypto<\/span><\/a> is pumping. <\/span><\/p>\n

While the Bitcoin Cash price soars, traders are flocking to a new Bitcoin-themed meme coin called <\/span>BTC Bull Token (BTCBULL)<\/span><\/a> that is giving away real Bitcoin.<\/span><\/p>\n

According to Alessandro De Crypto, a prominent YouTuber with over 14.7K subscribers, BTCBULL could print massive gains for investors.<\/span><\/p>\n