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BCH Rises 0.69% in Short-Term Despite Overall Market Decline

BCH Rises 0.69% in Short-Term Despite Overall Market Decline

Bitget-RWA2025/11/15 00:39
By:Bitget-RWA

- Bitcoin Cash (BCH) rose 0.69% in 24 hours to $481.6, offsetting recent losses despite a 9.76% monthly decline. - The 11.14% annual gain contrasts with mixed traditional markets, as Chile's BCH-listed bank reported weak earnings from declining loan growth. - Technical analysis shows short-term bullish momentum but broader headwinds, while backtests suggest limited reliability in post-earnings price patterns for BCH . - Strategic positioning around network upgrades or macro shifts may offer limited opportu

As of November 14, 2025,

(BCH) experienced a 0.69% increase over the past day, reaching $481.6. This uptick reversed some of its recent short-term declines, even as the cryptocurrency faced broader losses over the previous week and month. In the past seven days, fell by 4.09%, and over the last month, its value dropped 9.76%. Despite this short-term volatility, BCH has gained 11.14% over the past year, reflecting its longer-term strength.

BCH’s latest price action stands out against a backdrop of varied movements in the wider financial markets. On the same day, several publicly listed companies, including Creative Media & Community Trust Corp and TruGolf Holdings, Inc., filed their 10-Q quarterly reports. While these filings are standard for public firms, they do not have a direct effect on BCH’s market behavior.

Morningstar recently published an analyst review of

, which trades under the BCH ticker on the NYSE, offering a different perspective. As Chile’s second-largest bank by loan volume and operating under three brands, Banco de Chile reported weaker earnings, mainly due to reduced inflation-adjusted income and sluggish loan growth. The analysis highlighted that 60% of its revenue comes from mortgages, unsecured consumer lending, and business loans. Despite a fair value assessment and a moat rating, the bank’s financial results have been under strain, making it difficult for investors to draw direct comparisons with BCH’s performance.

From a technical standpoint, BCH is currently navigating a mixed environment. The recent daily gain has sparked some short-term optimism, but the overall market trend continues to pose challenges. Investors are watching to see if BCH can maintain support above recent levels or if it will encounter renewed selling pressure as broader economic conditions evolve in the near future.

Backtest Hypothesis

A historical analysis of Banco de Chile’s (BCH.N) stock price reactions around earnings announcements since 2022 shows a slight but positive trend. Out of 281 instances, the average cumulative excess return over a 30-day period was about +6.5%, compared to +3.9% for the benchmark index, suggesting modest outperformance after earnings releases. However, the low statistical confidence means this pattern is not consistently reliable on its own.

The win-rate, or the percentage of positive outcomes, gradually increases to around 71% by the 30th day. Still, due to the lack of strong statistical backing, relying solely on earnings events as a trading signal is not advisable. The report recommends enhancing this approach with additional criteria—such as the size of earnings surprises, forecast changes, or broader economic trends—to strengthen the strategy’s effectiveness.

Relating this to BCH’s price trends, while the backtest centers on a traditional stock, the tendency for delayed positive movement may also be seen in certain cryptocurrencies following major events. For BCH, this suggests that carefully timed strategies after significant price changes—especially those linked to network upgrades or macroeconomic shifts—could present some opportunities, as long as they are considered within the wider market context.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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