$BCH – Breaking Resistance for a Major Q1 Surge! 💎🚀
Bitcoin Cash ($BCH) is showing strong bullish momentum, currently trading at 654. Technically, BCH has just broken above the critical $651 resistance, signaling a potential resumption of its long-term uptrend. On the 4H chart, we are seeing the 50-day EMA sloping upward, and as long as the price stays above the $630 support flip, the technical path is clear for a rally toward the next major psychological targets at $720 and $750.
The 2026 fundamentals are setting the stage for a massive year:
The "Layla" Upgrade (May 2026): The Bitcoin Cash ecosystem is buzzing about the upcoming Layla upgrade. This is a high-stakes pivot that introduces quantum-resistant cryptography and Ethereum-like smart contracts via CashVM. This will transform BCH from just a payment tool into a versatile DeFi and NFT platform.
Altcoin Season Rotation: As the Altcoin Season Index surges in early 2026, liquidity is rotating heavily into high-conviction mid-cap assets. BCH's 21% gain over the last 60 days has consistently outperformed BTC, attracting traders who are looking for higher volatility and better ROI in the PoW (Proof of Work) sector.
Institutional Accumulation: Derivatives open interest for BCH has surged by 27% weekly in January 2026. This indicates that professional traders and institutions are placing leveraged bets on a breakout, especially with the network's growing reputation for sub-cent transaction fees and reliability.
Buy Zone: $635 – $655
Targets: $725 | $815
Stop-Loss: $595
The "Big Block" narrative is gaining new life as scaling becomes the top priority for 2026. Watch for a daily close above $670 to confirm a sprint toward new yearly highs. Manage your risk! 📈🔥
