Why is Bitcoin Cash USD dropping today?

BCHUSD declined 0.65% on January 31, 2026, as part of a broader 9.49% weekly selloff. Profit-taking after strong 12-month gains and elevated trading volume suggest institutional repositioning. Technical resistance at $596.76 limited upside momentum.

What is the Bitcoin Cash USD price forecast?

Monthly forecast targets $457.78 (8.6% downside), quarterly forecast targets $608.05 (21.4% upside), and yearly forecast targets $347.19 (30.7% downside). These forecasts reflect market volatility and may change based on regulatory or market developments.

What are the key support levels for BCHUSD?

Primary support sits at $531.34 (Bollinger Band lower), followed by the day low of $467.54. The 200-day moving average at $561.76 provides intermediate support. A break below $467.54 would target the year-low of $249.17.

Is Bitcoin Cash USD overbought or oversold?

RSI at 62.40 indicates neutral conditions, neither overbought nor oversold. However, Stochastic indicators at %K 79.71 suggest short-term overbought momentum, which often precedes pullbacks or consolidation phases.

What is the market cap of Bitcoin Cash USD?

BCHUSD has a market cap of approximately $11 billion as of January 31, 2026. Trading volume of 13.9 million units represents 140% above average, indicating active market participation during the recent decline.

Crypto Insights

Bitcoin Cash USD Breaks $553 Peak as -9.49% Weekly Decline Tests Support

ByHuzaifa Zahoor February 1, 2026

Bitcoin Cash USD (BCHUSD) is experiencing significant downward pressure as of January 31, 2026. The cryptocurrency has declined 9.49% over the past week, trading at $500.80 after hitting a day high of $553.19. Market data shows trading volume reached 13.9 million, well above the 5.8 million average. The weekly drop follows a year-to-date decline of 7.31%, though BCHUSD remains up 26.34% over the past 12 months. Technical indicators suggest the market is testing key support levels as volatility persists.