Veteran dealer Peter Brandt says Bitcoin Money (BCH) is main the cryptocurrency market restoration with its efficiency. In a latest submit, Brandt famous that noise and distraction within the crypto sector are steadily fading, permitting merchants to focus on value motion.
Bitcoin Money value and quantity help breakout narrative
Notably, in an accompanying chart to the submit, Brandt highlighted bullish technical setups with Alibaba shares (BABA) set for a breakout. Within the chart, the inventory is on an ascending triangle sample, whereas Bitcoin Money is on a falling wedge.
Usually, this falling wedge is seen as bullish because it might sign a possible upward transfer for an asset. In response to Brandt, the present setup means that Bitcoin Money is prepared for a large rebound after its interval of fluctuations.
Sufficient with the politics – the yr of buying and selling begins$BABA set for breakout from falling wedge$BCH is main the cost pic.twitter.com/wSiy2Z1olQ
He implies that BCH is already showing strength early, and it could be a leading indicator for further moves in crypto.
“BCH is leading the charge,” he emphasized.
In the broader crypto market, Bitcoin Cash is outperforming by over 2% as it rose by 3.66%. Prices surged from a low of $637.10 to a peak of $665.66.
As of this writing, Bitcoin Cash changed hands at $662.80, which represents a 3.1% increase in the last 24 hours.
The asset’s trading volume is up by 15.04% to $667.89 million within the same time frame. This might be a result of the BCHUSD1 pair itemizing on Binance. The added pair will cut back the reliance on BTC/ETH pairs and simplify issues for merchants.
Different technical indicators additionally help the breakout narrative of Brandt, because the Relative Energy Index (RSI) at 64.98 suggests room for upside. It signifies that the coin might probably soar to $700 earlier than overbought situations set in.
Can Bitcoin Money push towards $700 and flip Cardano?
If BCH’s present momentum helps its climb to $680, the asset may simply flip the $700 mark and make a run for increased ranges. Nevertheless, if it slips under $650, Bitcoin Money might reverse its features and crash to between $625 and $628.
There have been bullish strikes in December 2025 tied to Bitcoin Money because the CEO of ShapeShift alternate, Erik Voorhees, swapped his nine-year dormant Ethereum for BCH. The shock portfolio rebalancing sparked hypothesis available in the market as many merchants thought-about it an enormous wager on Bitcoin Money.
In the meantime, the dominance battle between Bitcoin Money and Cardano for the highest 10 place stays on course. If BCH retains spiking in value, it might shut the market capitalization hole and probably flip Cardano.










