Peter Brandt tips Bitcoin Cash to spearhead a 2026 market rally after breaking above $650

On January 5, 2026, trader Peter Brandt highlighted Bitcoin Cash as a potential leader of a 2026 crypto rally after BCH climbed to about $650 and 0.0070 BTC, marking a one‑year high. The asset has held near $600 for weeks, maintained open interest above $434M with 55% of positions long, and is now facing resistance below $800. Mining activity around 8 EH/s and slightly higher daily profitability than Bitcoin are supporting the network, while BCH sits among the top‑gaining coins over the past three months despite an overall Bitcoin‑dominant market.