Amidst the tumultuous sea of digital assets, Bitcoin Cash (BCH) has emerged like a phoenix, rising nearly 5% in the past 24 hours to hover around $436.20, according to CoinMarketCap. It even dared to touch an intraday high of $453.34, much to the delight and bewilderment of traders everywhere. 🎉
The sudden surge has sparked a frenzy of excitement, particularly after prominent analyst Javon Marks boldly predicted a price target of $1,509. This audacious forecast, which he has clung to since March, has left many scratching their heads and others reaching for their calculators. 🤔
$BCH (Bitcoin Cash) –
Target @ $1,509.89 (Over +226% Upside)
— JAVON⚡️MARKS (@JavonTM1) June 14, 2025
Marks, ever the optimist, shared a chart that reveals a significant multi-year downtrend that Bitcoin Cash finally broke free from in 2023. This downtrend, a relentless barrier since mid-2021, had long kept BCH in a bearish prison. But now, the chains are broken, and the “spring coil” effect is in full swing, where the price compresses before a major leap. 🚀
BCH $1,509 Target | Source: Javon Marks
//www.coinspeaker.com/wp-content/uploads/2025/06/Image-14-06-2025-at-14.02.jpeg”/>
BCH MACD and RSI Levels | Source: TradingView
Using the Fibonacci extension tool, BCH has already broken through the 0.786 retracement level at around $445, with the next immediate target being the 1.618 level at $516.5. Beyond this, Fibonacci projections suggest resistance levels at 2.618 at $601.9, 3.618 at $687.2, and 4.236 at $739.9. These levels align perfectly with Marks’ ultra-bullish outlook. 🌟
If BCH continues its ascent through these Fibonacci extensions, a mid-term target of $1,000+ becomes not just a dream but a realistic possibility, especially if the broader crypto market remains bullish. 🚀
Read More
- Hero Tale best builds – One for melee, one for ranged characters
- How Angel Studios Is Spreading the Gospel of “Faith-Friendly” Cinema
- Gold Rate Forecast
- Comparing the Switch 2’s Battery Life to Other Handheld Consoles
- Stellar Blade Steam Deck Impressions – Recommended Settings, PC Port Features, & ROG Ally Performance
- Castle Duels tier list – Best Legendary and Epic cards
- 9 Most Underrated Jeff Goldblum Movies
- Mini Heroes Magic Throne tier list
- USD CNY PREDICTION
- EUR CNY PREDICTION
2025-06-14 21:23