Bitcoin Cash: Price Explosion Approaching as Buyers Return!

Bitcoin Cash: Price Explosion Approaching as Buyers Return!

Bitcoin Cash (BCH) recorded a 1% increase on Tuesday, November 11, 2025, making it the third day in a row that it was positive. The current price action could indicate an increased buying side as derivatives data shows an increase in capital flow into BCH futures. This suggests that the bulls are in control, which gives hope for further price gains.

Additionally reported FXStreet, BCH futures open interest (OI) is at $335.90 million, up 10.24% in the last 24 hours. This is accompanied by an increase in the funding rate, which is now at 0.0074% after previously being -0.0032%. This economic environment could provide further boost for BCH.

Technical analysis and market dynamics

Technical analysis shows that BCH is currently above the psychological level of $500 and is approaching the resistance level of $527. This level was previously reached on October 15th. A close above $527 could see the local resistance trendline at around $557 targeted. Should BCH overcome this trendline, the next resistance levels would be at $580 and $613.

Momentum indicators also show positive market development. The MACD is trending upwards and is above the zero line, while the Relative Strength Index (RSI) shows increasing buying pressure at 63. This strengthens the case for a possible continuation of the bullish move.

Market conditions and support

The increasing retail interest in BCH may also be related to hopes for a resolution to the US government shutdown that has lasted over 40 days. In this environment, there are some important support levels for BCH, namely the 50-day EMA at $505 and the $500 mark. A fall below $500 could threaten breakout chances and put pressure on the support at $460.

The current information suggests that BCH is in a potentially bullish phase, which is of particular interest to investors looking to win in a volatile market.