Bitcoin Cash Hits $600 With 145% Gains, $1,600 In Sight

Key Points

• Bitcoin Cash jumps to $600, marking 145% gains from April lows
• Transaction value and hashrate hit all-time highs in September
• Technical breakout sets the stage for a possible $1,600 rally
• Sentiment indicators flash “greed,” warning of near-term risks

Bitcoin Cash (BCH) has quietly staged one of the most impressive comebacks in 2025. This week, it surged past the $600 mark, reaching its highest price in over a year. That’s a 145% increase from its April low of $250, and it’s turning heads across the crypto space.

Unlike other altcoins that rely on hype cycles or social media trends, Bitcoin Cash has shown steady growth based on real network improvements.

While it hasn’t always made headlines, it’s now being closely watched by analysts who see major upside potential, especially as institutional appetite for alternative digital assets continues to grow following ETF approval speculation.

Transaction Value Reaches Record High

One of the strongest signals supporting Bitcoin Cash’s growth is its rising transaction value. According to Bitinfocharts, the average transaction value on the Bitcoin Cash network has now hit an all-time high of $32,700 in September.

BCH Price and Ave. Transaction Value. Source: Bitinfocharts – Techtoken

This increase shows that larger and more valuable transactions are being made on the Bitcoin Cash blockchain, an indicator of growing trust and use by both retail and institutional investors.

Why does this matter? Historically, when transaction values rise ahead of the price, it often signals a coming rally.

Higher transaction values suggest strong demand for the asset, especially from bigger players who are moving large sums. For Bitcoin Cash, this could mean it’s preparing for a fresh price breakout in the coming weeks.

Bitcoin Cash has often been overlooked, but this kind of network strength is hard to ignore. Meanwhile, traders have also been watching whale activity in the broader crypto market, which often correlates with movements in BCH and other top altcoins.

Hashrate Surge and Bullish Chart Fuel $1,600 Forecast

Hashrate Breaks All-Time High

Another important indicator for Bitcoin Cash is hashrate, which measures the computing power securing its network. In September 2025, Bitcoin Cash’s hashrate reached 6.11 EH/s, the highest ever recorded.

Bitcoin Cash Hasrate. Source: 2miners – Techtoken

This is a positive signal for two reasons. First, a higher hashrate means the network is more secure and resistant to attacks. Second, it shows that more miners are committing resources to Bitcoin Cash, which only happens when they expect higher profits and long-term value.

Along with this, mining difficulty also increased to its highest level in three years. This suggests strong competition among miners and increased interest in the network’s stability.

For investors, a rising hashrate makes Bitcoin Cash more trustworthy and sustainable as a long-term hold, especially compared to newer, unproven altcoins.

Even traditional finance players are starting to explore options for integrating crypto into mainstream products, including innovative approaches like Bitcoin in mortgages, another sign of the asset class maturing.

Technical Breakout Points to $1,600

On the charts, Bitcoin Cash is also showing signs of a major breakout. Analysts have been tracking a symmetrical triangle pattern on the weekly chart since 2021. In technical analysis, a breakout from this kind of pattern often leads to a big price movement.

#BCH Triangle Retest Phase Underway💁‍♂️

Bitcoin Cash is maintaining position above the symmetrical triangle resistance on weekly timeframe following recent breakout🔍

The retest phase is crucial for confirming the bullish breakout pattern🤓

If a successful rebound occurs, it… pic.twitter.com/uDJ1Eb2bDo

— Jonathan Carter (@JohncyCrypto) September 18, 2025

Bitcoin Cash recently broke through the $600 resistance, a key technical level. Now, analysts are pointing to $700 as the next resistance — and if that breaks, the $1,600 price target comes into play.

According to well-known trader XForceGlobal:

“A sustained break above $700 will be a continuation to the next target zone at $1,600.”

Bitcoin Cash Price Structure. Source: XForceGlobal – Techtoken

This bullish prediction is not just hype, it’s supported by on-chain data, rising network activity, and strong technical indicators.

Meanwhile, even the Grayscale GDLC fund, which includes a basket of altcoins, has seen renewed interest, showing that investor attention is spreading beyond Bitcoin and Ethereum.

$BCH

150%+ 🔥

In times of chaos, #BCH continues to create healthy higher-highs even on the micro timeframes. This is all happening while we oscillate back and forth for #Bitcoin.

A sustained break above $700 will be a continuation to the next target zone at $1,600. https://t.co/MUcKJ7p7hI pic.twitter.com/oTgEHnpTQX

— XForceGlobal (@XForceGlobal) September 18, 2025

Watch Out for Greed-Driven Pullbacks

While the rally looks solid, investors should still be cautious in the short term. According to Santiment, sentiment data around Bitcoin Cash shows that the market is entering a “greed” phase, a warning sign for potential pullbacks.

In crypto, prices often move opposite to the crowd. Earlier this year, when sentiment was low, Bitcoin Cash bounced strongly. Now, with many investors turning bullish, the risk of a short-term correction increases.

Bitcoin Cash Sentiment Indicator. Source: Santiment – Techtoken

Santiment explains that using a “buy when fearful, sell when greedy” strategy continues to work well in volatile markets like this one.

So, while the long-term outlook for Bitcoin Cash is strong, short-term volatility should be expected, especially after such a large move.

This mirrors the recent trend in the prediction markets as well, where shifts in sentiment caused Kalshi to overtake Polymarket as traders bet heavily on macroeconomic events.

😨🥳 Bitcoin Cash has jumped +7% against the price of Bitcoin, reaching a market value above $644 for the first time since April, 2024. The 17-month high came after extreme bearish sentiment was coming in for the 16th ranked market cap in crypto.

📊 Historically, prices move the… pic.twitter.com/Sal5UlGGVE

— Santiment (@santimentfeed) September 18, 2025

Still, these sentiment swings are normal in a strong market. Bitcoin Cash has the fundamentals, the technicals, and the momentum to maintain its growth trajectory, provided investors stay realistic and manage risk.

Bitcoin Cash is delivering a powerful combination of rising transaction activity, record-breaking hashrate, and strong price structure, all while flying under the radar.

With technical indicators pointing toward a possible $1,600 breakout, it may be time for the market to give this veteran altcoin a closer look.