Bitcoin Cash (BCH) surged 31% in one day… but AI warns of 'decline' in 8 days

▲ Bitcoin Cash (BCH)/Source: Twitter ©CoinReaders

Bitcoin Cash (BCH) surged more than 31% in a single day, soaring to the $355 level, but Finbold's artificial intelligence (AI) price prediction suggested a possibility of a short-term correction. While the launch of futures by the Chicago Mercantile Exchange (CME) in the U.S. triggered the surge, AI models' forecasts varied significantly, ranging from $320.50 to $368.50.

According to Finbold, a cryptocurrency specialized media outlet, on September 23 (local time), Finbold's AI Agent predicted that Bitcoin Cash would fall by 3.03% by October 1. At the time of the prediction, BCH's price was $355.25, and the AI Agent's projected price for next Thursday was $344.50. Although the price has recently surged due to a recovery in institutional demand and a bullish breakthrough in the virtual asset market, analysis suggests that selling pressure could emerge within the next 8 days.

Gemini 3.5 Flash and DeepSeek Chat, both natural language processing (NLP) models, were used for this forecast. However, the predictions of the two models diverged sharply. Gemini 3.5 Flash anticipated BCH to rise to $368.50 by October 1, an additional increase of 3.73%, while DeepSeek Chat suggested a 9.78% drop to $320.50. Finbold's AI Agent also utilized three technical indicators for its analysis: Stochastic Oscillator, Moving Average Convergence Divergence (MACD), and Relative Strength Index (RSI).

The recent price increase has been steep. Bitcoin Cash was trading at approximately $355 at the time of writing, having risen 33.19% over the past 30 days, with most of this increase concentrated in the last 24 hours. The daily increase rate reached 31.17%, and its market capitalization expanded to $7.1 billion. On this single day, the market capitalization increased by $1.7 billion.

Trading activity also exploded. According to CoinMarketCap data, BCH's 24-hour trading volume surged by over 388% to $1.74 billion. Finbold attributed this surge to the launch of Bitcoin Cash futures on the Chicago Mercantile Exchange (CME) in the U.S., a major derivatives market.

However, given the more than 30% increase in a short period, Finbold's AI Agent suggested the possibility of a correction by October 1. In particular, while individual AI models' forecasts sharply diverged between a rise to $368.50 and a drop to $320.50, the overall forecast was set at $344.50, 3.03% lower than the current price. Whether the recent rally will continue or if the short-term correction predicted by AI will materialize remains a key point of observation for the next 8 days.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*