Historical replay · BCH/USD
Bitcoin Cash's Two-Stage Breakout (September 2026)
From a $212.80 low on September 15 to a $366.40 high on the 23rd: BCH climbed about 72% in eight days, with a big chunk of the move packed into two hours on September 22.
Bitcoin Cash split from Bitcoin in 2017 over a long-running argument about block size, and has spent most of the years since as one of the older, quieter large-cap coins. Through August and the first half of September 2026 it traded in the low $200s, well under half of the roughly $720 peak it reached on Binance in the spring of 2024. On September 15 it printed a low of $212.80.
The first leg came on September 17 and 18, when BCH pushed from around $221 to an intraday high of $266.10 — about 20% in two sessions. It then paused for two sessions: the September 20 low of $239 held well above the level the move had started from, both daily closes landed near $253-255, and September 21 nudged the price back up to about $267.
The second leg was sharper. On September 22 the price sat near $270 all morning, then jumped from about $270 to $309 in the 12:00 UTC hour alone and reached $328 by the next one. BCH closed that day at $345.10, a 29% daily gain. The following morning it extended to $366.40 — roughly 72% above the September 15 low — before pulling back as low as $324.10 in the same session.
BCH wasn't moving alone: Litecoin and Ethereum Classic, two other long-established proof-of-work coins, rallied in the same week, and BCH's trading volume over those seven days ran at roughly four times its average for the previous month. At the time of writing no single, clearly identified catalyst explains the September 22 jump.
The replay is a clean example of a consolidation-then-breakout sequence: a first push, a pause that holds its gains without giving much back, then a much faster second leg. The hour-by-hour chart also shows how little warning a step-change like the 12:00 UTC candle gives — the preceding hours were among the calmest of the whole window.