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.
This is a reasonable possibility. Bitcoin's dominance is up to more than 50% now. Is it because the market really believes in Bitcoin again, or they want to receive BCC, we really don't know.