i think parte of the raise is due to free bitcoin cash distributed to bitcoin holders at the time of the split. i personally bought some for this reason even i don't know there will be a massive dump of bitcoin cash
yes absolutely because of this who is gonna miss this opportunity ? nobody.
having Bitcoin in our cold storage/website supporting Bitcoin Cash we can easily get Bitcoin Cash for free based on total our Bitcoin.
It might be an altcoin,but based on market prediction it will be traded at $100 or even more than that.
Just HOLDING our Bitcoin,we can profitting in few days later.
Massive dump for Bitcoin Cash will happen because even right now many people trying to pump it,but not a small people trying to dump it.
i even can see it on youtube.com,their tittle 'watch me dumping my Bitcoin Cash Live'
And for Bitcoin,it may be down but it will not go down that deep because the activating of segwit gave us a new hope for Cryptoworld