Tether don commot di USDT freeze for Bitcoin Cash, e dey boost BCH outlook
Tether don do about face on di plan wey dem get to freeze USDT for Bitcoin Cash (BCH) network, dem go still allow on-chain transfers but dem go stop any new issuance and redemption. Dis change remove one bearish thing wey dey affect BCH, e still support di long-term use of am. Technical indicators dey under pressure, RSI dey below 50 and MACD dey negative, e fit still fall small before e fit bounce back. Since no get one BCH ETF dedicated, price action fit depend on how other altcoins dey move. Some analysts dey think say BCH fit rally reach $800 by year end and even $1,000 early 2026 if regulators allow more ETF filing dem. Di article still talk about Bitcoin Hyper (HYPER), new BTC layer-two project wey don raise $13.2 million for presale, e dey offer transactions wey dey fast and cheap because of Solana’s SVM and zero-knowledge rollups. Traders fit consider dis chance for new presales pass older altcoins dem.
Neutral
Tether decision to keep USDT transfer for BCH chain don remove one big bearish factor as e dey keep liquidity and utility stable, wey dey slightly support traders. But stopping new issuance and on-chain redemptions no allow fresh capital flow enter, so e limit the upside chance. Technical indicators like RSI and MACD still dey bearish zones, meaning say price fit still dey test lower supports before clear reversal come. For short term, traders fit see low volatility as market dey absorb the update. For long term, BCH future depend on bigger altcoin trends, ETF approvals, and user adoption. Similar cases like network support reversal for other chains don cause temporary stability but no sharp rally, so e good to hold neutral position.