$BCH will probably also become a coin with strong market-maker backing. Previously, the market was pessimistic because it was a project associated with Jihan Wu of China’s Bitmain. But since it was sold to institutions in the Middle East, BCH’s fundamentals have become relatively less weak.
Institutions wouldn’t spend money buying it unless they wanted to make a profit. The fastest way to do that is to pump the price and build momentum, which is what attracts retail investors.
Remember to add it to your watchlist.
Institutions wouldn’t spend money buying it unless they wanted to make a profit. The fastest way to do that is to pump the price and build momentum, which is what attracts retail investors.
Remember to add it to your watchlist.