Bitcoin Cash (BCH) has emerged as the “best performing” Tier 1 asset this year, surging almost 40% and outperforming every major blockchain network.
According to up-to-date data common According to analyst Crypto Koryo, Bitcoin Cash (BCH) outperformed BNB (BNB), Hyperliquid (HYPE), Tron (TRX), and XRP (XRP), which only saw modest gains. Most other L1s, including Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT), remain deeply negative this year, with several down more than 50%.
Koryo emphasized that Bitcoin Cash’s forceful performance comes despite the project lacking an official X account. The analyst attributed the improved performance to a favorable combination of supply dynamics and up-to-date demand catalysts.
On the supply side, BCH has no unlocked tokens, foundation treasury, or venture capital overhang, which reduces pressure on the sell side. “All the stock is circulating. No unlocks. No foundation, [no] Abandoning VC funds,” Koryo wrote.
Related: Three Binance Bitcoin charts show the direction of BTC’s next big move
Bitcoin will fall to 87 thousand dollars, and then it will rebound to 100,000. dollars
Meanwhile, according to trader Michaël van de Poppe, Bitcoin may be heading for a short pullback before resuming its climb towards six-figure values.
On Sunday post on the
Van de Poppe expects the uptrend to resume once Bitcoin retests support and breaks above the key $92,000 level, which he believes could open the door to a rally towards $100,000 within one to two weeks. He links this outlook to what he sees as a favorable macro context, including reduced quantitative tightening, impending interest rate cuts and a growing money supply.
However, he identified two invalidation points, including a loss of $86,000, which could result in a move to $80,000, or failure to break and hold above $92,000.
Related: Bitcoin buries the tulip myth after 17 years of proven resilience, says an ETF expert
Bitcoin’s bull cycle may be intact
As Cointelegraph reports, technical analyst TXMC has noticed that Bitcoin’s “lifespan” index, a long-term measure of on-chain coin spending versus holding, is rising again, a pattern historically associated with bull market phases.
The analyst said the recovery is growing even as prices remain muted, suggesting stronger underlying demand for Bitcoin spot than reflected in current price action. The rate rises as older coins begin to move and falls as long-term holders accumulate.
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