I've noticed something alarming about this BCH influenced BTC crash/correction
Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.
This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.
So basically, PLEASE SELL!!
LoL,
It seems you are the one who tried to spreading the fud news, influencing people to sell few days ago.
Fortunately, it did not happen, bitcoin could hold at $5500 before it rebound to $6000 and $7000, looks like bitcoin ATH is $8000.
Most people didn't see it coming, BCH suddenly rise over $1900, a good price to sell bch obviously.
But BCH can't last long at high price, even for a day. Bch could rise just because bitcoin mempool seems stuck due to spam transactions. A good thing to encourage everyone to consider another solution for bitcoin scale solution.