Bitcoin Fork @ 1st of August (1 BTC = 1 BTC + 1 BCH)
Dear fellow investors, let's say a company will pay divided and you have seen a health regression trend right before the split; what do you expect next? 1st of August is the day for a bitcoin fork. Eventually, we will have BTC (XBT) and Bitcoin Cash (BCH). Clients holding Bitcoin (XBT) at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH). Therefore, is it not natural to see a short potential here? :) Good luck all.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.