Bitcoin Cash Breakout: BCH to $1,000?steemCreated with Sketch.

in #bitcoin11 hours ago

After the fallout from Donald Trump’s strike on Iran, both the crypto and stock markets are beginning to rebound. Looking specifically at the Bitcoin Cash (BCH) market over the past year, things are definitely trending upward.

As you may already know, I’ve been investing heavily in Bitcoin Cash, and so far it’s been quite profitable. On average, I’m up about 18–22% since I started buying BCH over the past few weeks. One key observation is that compared to Litecoin (LTC), BCH has been steadily climbing and appears to be breaking away from its long-standing trend of growing in parallel with LTC. Since the start of the year, BCH has made significant strides—I’d even argue that it has taken a portion of the spotlight from Bitcoin itself.

Whether BCH can break out and surpass the $1,000 mark by the end of the year remains to be seen. Still, I wouldn't dismiss the possibility—it’s looking increasingly realistic.

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