Bitcoin Cash Tops $600 With 145% YTD Gains — Analysts Eye $1,600 Breakout

Bitcoin Cash (BCH) quietly reached a new price milestone in 2025, officially hitting its highest level of the year. While not a trending coin that dominates discussions, BCH shows strong potential for continued growth.

However, sentiment data models suggest a correction could occur in September. What are the specifics?

3 Bullish Signals for Bitcoin Cash in September

Since the start of the year, Bitcoin Cash’s price behavior has been different from that of many altcoins. It did not show sharp pumps followed by sideways movement. Instead, BCH climbed steadily and quietly, attracting little attention.

BCH has now surpassed $600, delivering a 145% performance from its April low of $250. Three bullish signals form the basis for positive forecasts for BCH going into year-end.

BCH Transaction Value Hits New High in September

The first factor is network transaction value. Data from Bitinfocharts shows the average transaction value (in USD) has increased steadily in recent months. In September, it reached a new peak of $32,700.

Historical data reveal that the average transaction value (solid line) rises before price rallies (dotted line). This new high in September may be an early signal that BCH’s price has further room to climb.

This correlation exists because, as coin prices rise, the fiat value of each transaction also becomes higher. At the same time, it suggests greater demand from large-cap investors, which reinforces upward price momentum.

Bitcoin Cash Hashrate Reaches All-Time High in September

Recent data shows Bitcoin Cash’s hashrate hit 6.11 EH/s in September 2025, the highest level of the year and a sharp increase from previous months.

Hashrate represents the total computational power of miners on the network. A higher hashrate means the network becomes more secure and harder to attack with 51%, since more resources are needed to control the majority.

Mining difficulty also climbed to its highest point in three years, reflecting increased miner participation and growing confidence in the network.

This achievement strengthens BCH’s position as an attractive asset for investors considering holding or using it for transactions.

Analysts Turn Bullish on BCH’s Price Structure

Technical analysts are optimistic about BCH’s outlook. Many highlight that BCH is retesting a symmetrical triangle on the weekly chart, a pattern that has persisted since 2021.

The breakout above $600 in September represents a classic breakout move from this triangle, setting the stage for the next potential rally.

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

Bitcoin Cash Sentiment Data Warns of a Correction

Despite the bullish momentum, market sentiment has reached its strongest level in months, which raises a red flag, according to Santiment.

Santiment warns that prices often move in the opposite direction of crowd expectations. During BCH’s recent rally, sentiment was extremely bearish, leading to a strong rebound.

Greed spreads may be a sell signal, as the market could be overbought and vulnerable to correction.

“So implementing a strategy of buying when the crowd is fearful and selling when the crowd gets greedy continues to work extremely well for most altcoins,” Santiment reported.

BCH is experiencing a remarkable recovery, fueled by a higher hashrate, increased network activity, and a positive price structure. However, sentiment signals point to caution. Investors should monitor the market closely to mitigate risks.