Bitcoin's halving is eight days away, historically heralding bull runs; however, BCH's 15% drop post-halving warns of a potential shortfall in immediate price surge.
BCH prices fell 15% to $604 after halving, open interest in BCH futures dropped 70%, and negative funding rates hint at bearish sentiment ahead of Bitcoin halving.
Analysts point to BCH as a proxy for Bitcoin's halving; Wintermute highlights the fast money in BCH, suggesting a probable selling pressure on BTC post-halving.
[
add
]
[
|
|
...
]