• Bitcoin Cash (BCH) price has been holding steady above $650 amidst recent market fluctuations, indicating the asset's underlying strength.
• On April 1, BCH surged to a 3-year high of $705, showing a significant 60% increase over the previous 14-day period.
• The recent halving event contributed to BCH's price surge, with an 11% increase in the last 24 hours.
• Prominent trend reversal patterns in Bitcoin Cash's price movement suggest a bullish direction with growing momentum after each breakout.
• Within the last six weeks, BCH has seen an impressive 160% surge, pushing its value from $262 to over $680.
• A recent retest at $600 or the 38.20% Fibonacci level has reinforced bullish sentiment, hinting at a potential continuation of the upward trend.
• Bitcoin Cash is eyeing $922, the 61.80% Fibonacci level, as bullish momentum intensifies.
• A clear breakthrough above the previous peak at $705 could trigger a substantial rally, aiming for the $1,000 mark.
• Conversely, if bullish momentum weakens, there is a downside risk for Bitcoin Cash, with a possible drop below $550.
• Coingabbar's prediction suggests Bitcoin Cash could reach $3,000 by 2030 and $10,000 by 2040.

KEY LEVELS:

RESISTANCE LEVEL: $720-$800

SUPPORT LEVEL: $600-$530

Disclaimer: Coingabbar's information and chart analysis on cryptocurrencies, NFTs, or other decentralized investments are for educational purposes only. They do not constitute financial advice. Users are encouraged to conduct their research, use their judgment, and understand the risks associated with financial instruments. Coingabbar is not responsible for any financial losses. Cryptocurrency and NFT markets are highly volatile, and users should seek advice from financial professionals and assess their risk tolerance before investing.