Bitcoin Gold, $BCH Silver?

Although the overall crypto market has been in a clown show this year, not all coins are insignificant.

BCH is currently one of the few altcoins that still maintains a bullish trend.

So, let's briefly talk about this coin.

This coin differs greatly from other cryptocurrencies in many aspects.

It is not a traditional "value coin" clone. Instead, it was created with the intention of replacing BTC from the very beginning. Although this attempt failed and was pushed back to the bottom.

A similar coin might be LTC and others. However, LTC did not try to replace BTC; it was just a copycat. BCH had high ambitions, but after being pushed back to the bottom, its development has been less than ideal.

Its peak occurred in 2017, and it has not reached a new high since then. In 2021, it experienced a surge, followed by a sharp rise and fall.

The bottom was likely in the second half of 2022 to the first half of 2023, consolidating around 100 USD for about a year.

I first encountered this coin in 2023, when it tripled in two weeks, which piqued my interest.

The market makers of this coin seem to be quite independent thinkers.

Even now, when the market is in a full bear phase, it remains in an independent trend and has not fallen.

Compared to traditional value coins like $AVAX , its performance is quite impressive.

Currently, BCH is at 610 USD. Based on the lowest point in 2023, it has nearly a 6x increase. It can be said that from 2023 to 2025, BCH has outperformed BTC (laughs).

Structurally, the 600-730 range is a strong resistance zone. In 2024 and 2025, it has been testing this range but has not yet broken through.

If it breaks through, there will be no resistance above.

I believe that if it breaks the 600-730 range, the next target will be 1200.

This scenario of breaking through a multi-year resistance level, I think, will be somewhat similar to the current $XAG .

Therefore, I want to say BCH is like silver, not in terms of its status, but more from a technical perspective.

As for why BCH has not fallen in this bear market, I don't know. I have no insider information.

The whales of BCH rarely engage in promotional activities or technical updates; they quietly operate, making them the most conscientious whales in this cycle.

This article is sponsored by #BCGAME｜@bcgame @bcgamecoin