Quote from: futuredoc70 on July 29, 2017, 12:55:02 PM

See, I am not loyal to either coin. I just want to have a decent understanding of possible price changes.

Is my analysis wrong regarding what will happen with short positions?

As another poster mentioned, I think that another force driving the bitcoin price up will be people who are buying in to receive more "free" BCH.

No it's not wrong at all,everything is possible in cryptoworld.But we should move based on our understand and market.
Indeed,
Many people pushing Bitcoin one of their reason is to get 'a free' coin,and another reason is because they're regaining back their confident in Bitcoin because the activating of segwit.With segwit every transaction will be much faster than before,because of that many people who's having problem with transaction before support it back because of this.
Not only that,Segwit is also a new start for Bitcoin in future development.