Bitcoin Cash price surged past $600 in anticipation of April 4 halving, driven by new investors.
BCH price could reach $700 before halving, but post-halving sell-off may lead to rapid retracement.
Bitcoin Cash (BCH) has experienced a remarkable surge in price over the past few weeks, reaching a 3-year peak above $600 as anticipation builds around the upcoming halving event scheduled for April 4. This surge, marking an 84% increase in the last ten days alone, has been primarily attributed to the influx of new investors seeking to capitalize on the deflationary impact of the impending halving.
Rising Momentum Ahead of Halving
Bitcoin Cash has experienced a notable surge in momentum since the start of 2024, especially since the beginning of February when the 60-day countdown to the halving was announced. During this time, the price of BCH has increased by an astounding 172%, indicating an increasingly bullish attitude among cryptocurrency investors. With the Bitcoin Cash halving event on

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