Bitcoin Cash

BCH/USD Forecast – Historical Analysis & Year-Wise Accuracy of Bitcoin Cash to USD Price Trends

The BCH/USD currency pair tracks the value of Bitcoin Cash, a major fork of Bitcoin, against the United States Dollar. Bitcoin Cash (BCH) was launched in August 2017 to address Bitcoin’s scalability challenges by increasing block size and lowering fees. Over the years, BCH has established itself as a transactional digital currency, with emphasis on fast, low-cost peer-to-peer payments.

While Bitcoin focuses on being a store of value, Bitcoin Cash was built for day-to-day utility—aiming to become “electronic cash” for the world. Its price movements reflect both the broader sentiment in crypto markets and its evolving role in payments infrastructure.

Historical Overview of Bitcoin Cash (BCH) Price Trends

Since its inception, Bitcoin Cash has experienced several significant price cycles, shaped by network upgrades, hard forks, regulatory shifts, and its correlation with Bitcoin.

2017: Fork and Frenzy

• Bitcoin Cash launched in August 2017 through a contentious hard fork from Bitcoin, with BCH distributed 1:1 to BTC holders.

• Initial price ranged from $200 to $400, but by December 2017—amid a massive crypto bull run—BCH hit an all-time high of $4,355.

• The surge was driven by speculative demand, low transaction fees, and support from large exchanges like Coinbase and Binance.

2018: Post-Bubble Collapse

• Like most crypto assets, BCH plummeted in 2018 as the market corrected.

• Prices fell below $100 by December 2018, marking a 97% drawdown from peak levels.

• Tensions within the BCH community led to a major hard fork in November 2018, creating Bitcoin SV (BSV).

• Despite the volatility, BCH remained in the top 10 cryptocurrencies by market cap.

2019–2020: Consolidation Phase

• BCH traded between $200–$500 for most of this period.

• Key developments included protocol upgrades for Schnorr signatures and privacy improvements.

• Adoption in merchant ecosystems such as BitPay, Purse.io, and Bitcoin.com Wallet helped BCH retain relevance as a payment coin.

• Volatility was relatively low, with BCH decoupling from BTC’s explosive growth temporarily.

2021: Bull Market Rally and Network Activity

• BCH saw renewed interest during the 2021 bull market, rising to $1,640 in May 2021.

• It benefited from the broader altcoin surge and increased usage in remittance corridors, especially in Latin America.

• However, it failed to keep up with Bitcoin and Ethereum’s pace, indicating a shift in investor preference.

• Sentiment waned post-May crash, with BCH ending 2021 around $430.

2022: Bear Market and Utility Focus

• Like most cryptos, BCH struggled in 2022 amid rising interest rates, macro tightening, and Terra/Luna collapse.

• Prices dropped below $100 again, but the Bitcoin Cash Node (BCHN) upgrade helped improve block propagation and DAA (difficulty adjustment algorithm).

• BCH’s focus on low-fee cross-border payments saw real-world adoption in El Salvador, Nigeria, and India, even as speculative interest declined.

2023: ETF Optimism and Layer-2 Developments

• The year began with hopes of crypto ETF approvals and Bitcoin resurgence, which lifted BCH to $250+ by mid-2023.

• BCH was included in some institutional baskets and ETPs listed in Germany and Switzerland.

• A proposed SmartBCH Layer-2 upgrade for DeFi functionality gained traction but faced limited liquidity.

2024–2025 (YTD): Regulatory Pressure and Merchant Growth

• BCH has maintained a price range between $200–$350 throughout early 2025.

• Focus has shifted toward real-world usage, with Bitcoin Cash Register apps gaining adoption in offline retail across Asia and Africa.

• Regulatory clarity in the U.S. and Europe has improved, and non-custodial BCH wallets remain popular for private peer-to-peer transfers.

• BCH/USD price shows relative stability amid broader market consolidation.

Year-Wise BCH/USD Comparison Table (with Accuracy Check)

*2024 data is YTD as of April 2025.

Bitcoin Cash vs Bitcoin: Fundamental Divergence

Though Bitcoin Cash and Bitcoin share the same origin, they have diverged significantly in terms of philosophy and architecture.

BCH prioritizes on-chain scaling, enabling faster and cheaper transactions without needing Layer-2 solutions like Lightning Network.

Global Adoption and Usage

Bitcoin Cash has carved a niche in remittances, small business payments, and crypto onboarding:

• El Salvador: Many small vendors accept BCH alongside BTC.

• South Africa & India: Used in P2P commerce, especially in rural areas with limited banking access.

• Philippines: Popular in remittance platforms offering BCH-to-fiat conversion.

• Venezuela: Used as a hedge against inflation, alongside USDT and Dash.

With its merchant-focused roadmap, BCH continues to position itself as usable crypto for everyday transactions.

BCH Ecosystem Growth and Tools

The Bitcoin Cash ecosystem has expanded with key infrastructure components:

• Bitcoin.com Wallet – Non-custodial wallet with in-app exchange and rewards

• Bitcoin Cash Register – Android POS app for merchants

• Paytaca, Zapit, and CashTab – Community-driven wallets and integrations

• Flipstarter – Decentralized crowdfunding platform built on BCH

• SmartBCH – An EVM-compatible Layer-2 protocol aiming to bring DeFi to BCH

Although BCH lacks the developer momentum of Ethereum or Solana, it remains relevant due to its utility-first ethos and grassroots development.

Institutional and Retail Sentiment

• Institutional sentiment toward BCH is tepid compared to BTC and ETH, but European and Latin American ETPs have included it for diversification.

• Retail investors view BCH as undervalued due to its relatively low transaction costs and fixed supply.

• Trading volume on exchanges like Binance, Kraken, and Coinbase shows BCH maintains moderate liquidity and remains actively traded.