Okay so as we all know bitcoin cash is being pumped like crazy and has reached an all time high.
But as pumps work, that means it will drop back down to original sort of price after.
So the question is... who has bets on how high it will go. I'm thinking $2000 - $2500 then crashes.
Your thought?
You were pretty much right on this.
Price has now fallen below 0.25 BTC once again, while its all time high was 0.5+ BTC. Isn't really surprising to me since this pump has been mostly hype and nothing else. BCH has fallen back to 3rd place, behind ETH.
It'll be interesting to see whether a price rebound occurs in the medium term. Especially with bitcoin gold coming out tomorrow, it's interesting to see whether BCH prices will be negatively or positively impacted.