Bitcoin Cash Forecast: Will Bitcoin Cash Reach $5,000?

Last Updated January 10th 2022

6 Min Read

Analysts have various views on Bitcoin Cash prices. Some say that the price of Bitcoin Cash may reach $5,000 in 2025, While others are much more hopeful predicting that Bitcoin Cash (BCH) could cross the $10,000 price mark in 10 years.

Here's why.

In order to realize the value of any cryptocurrency, you need a well-thought-out plan and an incredible team behind it… and Bitcoin Cash has both.

It was created by a very influential group in the crypto community under the name "Bitcoin Satoshi's Vision." It is a fork from the original Bitcoin blockchain that occurred on August 1, 2017.

Now with a larger block size (32MB), no SegWit, and Replay and Wipeout Protection, Bitcoin Cash aims to serve as digital money that can be used for transactions globally in seconds without exorbitant fees.

And as such, it has all of the necessary components to become sound money that is meant to be used as an alternative method of payment to fiat currencies.

Bitcoin Cash Current Price

The current price of BCH at the time of writing, is $358.32 USD.

This cryptocurrency is currently down 3.60% in the past 24 hours and has a market cap of $6,790,731,268. This puts it at number 26 in the crypto market, according to data from CoinMarketCap.

It also has a circulating supply of 18,951,356.25 BCH coins with a maximum supply of 21,000,000 BCH coins, just like its parent crypto, Bitcoin.

According to CoinMarketCap, BCH currently has a 24-hour trading volume of around $5 billion, which is up by 1% in the last 24 hours.

The coin has lost around 84% of its peak value and is currently stagnated between $300 and $400. However, it has grown by 398.02% from its lowest value of $75.03 on December 15, 2018.

So What Will It Take For Bitcoin Cash To Reach $5000?

The first step for Bitcoin Cash to reach the $5,000 mark price is more real-world usage of it as a store of value and a payment method. For instance, if people started using it to buy their morning cup of coffee, then the demand for this coin would increase exponentially from there.

And this will only occur if the infrastructure is set up to allow for this sort of thing. But as we all know, the infrastructure needs to be built… and as such, this will take time.

Beyond using it as a transactional currency, people need to trust that BCH is truly decentralized and not just a centralized digital token. This way, the market can have confidence in its value and price without any second thoughts. And once it does, we're all in for a very bright future.

As you might remember, BCH diverted from the original Bitcoin because its creators felt that it was not working as it was originally intended to. If BCH were to again repeat the same mistakes that prompted it to divert from Bitcoin, fewer people would be interested in it because most are already using BTC and would rather stay with it if BCH doesn’t offer something better.

So, to sum it up, a number of factors will inform whether or not Bitcoin cash can reach $5000. Here are some of them.

Real-world usage/adoption
A sustainable business model
Maintaining its decentralized nature
Ability to scale the transaction volume capacity
Supply and demand

If Bitcoin Cash can meet these criteria, then there is no reason why it can't reach $5000.

There are several reasons why BCH has the potential to reach this price point. But for now, we'll just briefly mention a few, to give you an idea.

First and foremost, BCH has the potential to reach $5k due to its limited supply.

Pretty much anyone who knows a thing or two about economics can tell you that there is a strong correlation between low supply and high demand. And considering how BCH is so scarce, it has the potential to go up in value by a huge margin.

On top of this, another reason why Bitcoin Cash can hit $5000 soon is due to its mining difficulty, which purposely keeps the mining process fair and balanced.

And speaking of cryptocurrencies with fair and balanced mining processes, Bitcoin Cash can also be mined by just about anyone, regardless of how much money they have or the kind of equipment that they use to mine it.

More than anything else, though, BCH has the potential to hit $5K due to its decentralized nature.

To put things into perspective, Bitcoin Cash is a truly decentralized currency that will always remain so. Right now, this is a very rare feature of any cryptocurrency on the market, although many claim to be decentralized.

But as many experts would agree, the crypto world will never be able to reach its full potential unless it becomes decentralized.

And if this happens, then there is no reason why BCH wouldn't be worth $5000 by around 2025.

So, in conclusion, Bitcoin Cash will reach $5000 based on its scarcity and the fact that it's truly decentralized.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Will Bitcoin Cash (BCH) Eventually Reach $10,000?

Yes, it will. But again, only if the infrastructure and general climate of this coin is well-developed and its decentralized nature remains intact.

If Bitcoin Cash grows as a transactional currency that people can use to buy their morning coffee or pay for their lunch breaks during work hours, then there is no reason why it couldn't reach $10,000.

However, reaching $10,000 will require a lot more work.

For example, as of now, most people don't trust cryptocurrencies as valid forms of payment for goods and services. But if they come to realize the benefits these coins offer through widespread usage, then we could expect those numbers to grow exponentially.

And if this becomes a reality, then there is no reason why Bitcoin cash (BCH) couldn't reach $10K.

Of course, this all goes without saying that the crypto market will have to mature greatly in order for BCH to even come close to these numbers. But with the right team behind it and a strong vision, anything can become possible.

So, the short answer to whether or not Bitcoin Cash can reach $10,000 is yes. But it will take a tremendous amount of work and effort from the community at large before this happens.

Check Out: Pros and Cons of Investing in Bitcoin Cash

What Will Bitcoin Cash (BCH) Be Worth In 2025?

If the crypto market continues to mature, then it will most likely succeed in 2025.

But until that happens, there is no way of knowing what BCH will be worth or how much its value (in USD) will change in the next 4 years. But something's for sure; it will grow to much more than it is now.

According to Wallet Investor, Bitcoin Cash (BCH) will start 2025 at around $1,851.370 and close the year at almost $2,500. On the other hand, Coin Price Forecast predicts that Bitcoin Cash will be worth around $814 in mid-2025 and slightly above $906 by the end of the year.

Don't Miss: Bitcoin Cash Price Prediction Forecast

Conclusion: Will Bitcoin Cash (BCH) Reach $5000?

In conclusion, yes, Bitcoin Cash BCH could reach $5000 someday.

But this will only happen if the crypto market matures and if more people start using it as a transactional currency for their everyday needs. And even then, it might take a couple of years before we see prices over $10K.

To put things simply, either way it goes, Bitcoin Cash has a bright future ahead of it, and we could be several years away from seeing its true potential realized.