This btg to me looks like pump and dump by some whales... Many loss during the last dump.... Bitcoin still remain the best..
Bitcoin devs have to add something: Lightning to mention just one.
Until then it will stay in the 13K-17K region as December-January trend is demonstrating.
On Dec 06 BTC reached 19.697K high with an RSI(14) at 94.56%, which was just insane. Following three days (7-8-9) were in red, with lower highs and lower lows (in the BTC prices are deadly within Ichimoku cloud, which is still green, but this is a clear flattish signal, combined with a <50% RSI(14) at writing time. All data from GDAX.
If BCH by end of tomorrow won't be >2.715USD it will play in the same flattish league.
BTG at Bitfinex -as Bittrex uses USDT and Bithumb and other exchanges have been rightly excluded from the price by Coinmarketcap, see
https://coinmarketcap.com/currencies/bitcoin-gold/#markets - is pretty close to the flattish territory, despite the massive today's jump.
The most worrying issue yet is that
Bithumb now holds >60% of volume and price is more than 70 USD greater than the 359USD computed by Coinmarketcap, as I'm writing. So, yes, techically speaking BTG own price is pumped at Bithumb (
NOT by Bithumb), and
insanely pumped at
Coinone and
Korbit (all three with BTG/KRW trading pair).
This is NOT a positive thing, to use an euphemism, and these exchanges should NOT be used as valid references for BTG value and trend altogether.
Bithumb holding >60% of BTG exchange volume is a gravestone to BTG worldwide diffusion.
Korean volume is far-fetched so your hypothesis is incorrect.