Layer 1 · rank #21 · blue chip

Bitcoin Cash BCH

BCH cycle analysis · chart, confirmed lows and fundamentals

$276.58-1.9% 1d+0.5% 7d-18.2% 30d

Amber List Recovering held Phoenix · monthly · score 68.5 mixed

59.7% below its 365-day high of $686.80 (2026-01-10), +53.5% off the 365-day low. Snapshot 2026-10-24 UTC.

From the peak to today, log scale
190.24352.79654.222024-052025-072026-10low 180.15 (75%)false bottommonthly trigger 304.35
Where it stands

On the Amber List.

Held on the Amber List: it last met the Amber List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +53.5% above the Jun 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 1

Last bars
2Dr 1g 2Ug 2Ug 1r
Confirmed low
$180.15 · 2026-06-30
Position
4 of median 8 (max 16)
Current low
$180.15 · confirmed
Cycle-low confidence
39%
Confirmed lows
10

Weekly 2U

Last bars
2Ug 1r 2Dr 2Dr 2Ug
Confirmed low
$255.99 · 2026-10-18
Position
1 of median 4 (max 17)
Current low
$212.78 · confirmed
Cycle-low confidence
58% · in band
Confirmed lows
62

Daily 2D

Last bars
3g 2Ug 2Dr 1g 2Dr
Confirmed low
$271.74 · 2026-10-20 (daily)
Position
4 of median 4.0 (max 29)
Current low
$271.76 · unconfirmed
Confirms above
$288.34
Cycle-low confidence
13%
Confirmed lows
433
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 180.15 (Jun 2026), month 4 of a cycle that has typically run 8. Cycle-low confidence 39%.
  • Weekly: forming bar is a green 2-Up. Last confirmed swing low 255.99 (Oct 2026), week 1 of a cycle that has typically run 4. Cycle-low confidence 58%.
  • Daily: bar is a red 2-Down. Last confirmed swing low 271.74 (2026-10-20), day 4 of a cycle that has typically run 4. Current low 271.76 is unconfirmed — it confirms above 288.34. Cycle-low confidence 13%.
  • Amber List: 60% below the 2026-01-10 high; +54% off the 365-day low.
  • Phoenix: 75% decline over 26 months, monthly swing low confirmed (late (2 bars)), now +54% above the trough; pullback #3 confirmed 2026-10-24.
  • Gauges: Mayer multiple 0.95 (cheap); -21% vs the 200-week average; -82% from the all-time high.

Has Bitcoin Cash bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the BCH snapshot records on 2026-10-24 UTC:

Monthly: the last confirmed swing low is $180.15 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $255.99 from 2026-10-18. The current candidate is marked confirmed. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $271.74 from 2026-10-20. A newer candidate at $271.76 is unconfirmed; its confirmation level is above $288.34, provided the candidate low is not undercut first.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Bitcoin Cash below its high?

The Coinbase price snapshot is 59.7% below its rolling 365-day high of $686.80 from 2026-01-10. Separately, CoinGecko reports -92.7% relative to its all-time high of $3,786 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Watch; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
  2. First observed: Watch; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$719.43 · Apr 2024
Trough
$180.15 · Jun 2026
Decline
-75.0% over 26 months
Above trough
+53.5%
Monthly
confirmed (late (2 bars)) · trigger $304.35
Weekly
confirmed (next-bar)
False bottom
$443.00 · Oct 2025 (2 higher highs, then undercut)
Entry
pullback #3 low $255.99 confirmed 2026-10-24 · trigger $288.68
Score 68.5
decline22.5
confirmation25
earliness6.0
stale0
false bottom10
bluechip5

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health48 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
2.22 %5.7 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
21 #12 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
234213.3 x0 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
1174.52 x0.0 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
7.6 %5.8 / 10
Age on Coinbase
survived a cycle
6.1 yrs10.0 / 10

7 of 7 measurable; score renormalized over what was measurable.

Market cap
$6.38B
Fully diluted
$6.38B
24h volume
$141.3M
Circulating
20,098,069 of 21,000,000 max
All-time high
$3,786 · 2017-12-19 (-92.7%)
TVL
$5.4M (chain)
Fees 30d
$2.2K
Revenue 30d
$0
Fees 1y
$50.9K
Mayer multiple
0.954 · cheap
vs 200-week avg
-21.4%
Pi cycle
0.319
On Coinbase since
2020-08-31 (2246 bars)
CoinGecko id
bitcoin-cash

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources