Bitcoin Cash on the hunt for records: 10% profit and upward trend expected!

Bitcoin Cash on the hunt for records: 10% profit and upward trend expected!

Bitcoin Cash (BCH) is showing positive market development on Monday, October 27, 2025. The price exceeds $550, supported by a 10% gain on Sunday. This upward move is being described by market analysts as part of an “Uptober” rally that is helping to increase market interest. The high trading volume and increasing number of active addresses, which reached 7.5 million on Sunday, indicate growing interest, particularly from large wallet traders in the derivatives market.

Analysis shows that the number of profitable offers increased to 17.7 million BCH from 14.67 million BCH on Wednesday. This increase could indicate future price increases. The increasing demand and the number of active users of the network also contribute to an expected price increase. The derivatives market is also demonstrating growing demand for BCH as traders look to take advantage of market sentiment and therefore price movements.

Market dynamics and trader behavior

According to CryptoQuant data, large traders, often referred to as “whales,” are showing increased interest by placing large orders in BCH futures. Open Interest (OI) for BCH futures has increased by 13.8% in the last 24 hours and is now at $382.96 million. This increase indicates a risk-on sentiment among traders, which in turn could support BCH price action. Additionally, the OI-weighted funding rate of -0.0323% shows an incentive for bullish traders.

BCH price appears to be stable between the $573 and $542 Fibonacci retracement levels. A break above USD 573 could potentially extend the rally to the high of USD 615 reached on October 3rd. The MACD indicator shows increasing bullish momentum on the daily chart, while the Relative Strength Index (RSI) is at 82, indicating overbought conditions and potentially signaling an impending reversal.

Timely support and resistance

Key support levels for BCH are at $542, followed by the 200-day Exponential Moving Average at $531. These technical indicators could be important for traders looking to both minimize risks and seek opportunities to maximize profits.

The positive market sentiment and increasing user numbers herald an exciting week at the end of the month, which may continue to be characterized by the momentum of the last few days. Experts are excited to see how the market will perform and whether BCH will be able to continue the upward move.

https://www.fxstreet.com/cryptocurrencies/news/bitcoin-cash-price-prediction-bch-aims-for-monthly-high-as-uptober-spirit-returns-202510270727