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RE: Bitcoin (BTC) Evening Update: Higher Highs Towards $10,000
With BCH stabilizing now, the whole altcoin crypto market has entered some kine of weird limbo, e specially ETH. Nobody knows how to deal with bitcoin cash or where it's going.
BCH hashpower is also increasing. I've previously stated that Bitcoin will go out slowly and gradually like the British Empire. ETH is in some serious limbo. Dash looks like making a cup&handle. Casper Testnet may give ETH a breakout. The ICOs should be playing a big part in keeping the ETH price down. Plus ETH has no limit to the supply.
Being the most profitable coin to mine, BCH should make another bull run. The main thing that keep BTC high is the mainstream attention. The recent bull run even got Teeka Tiwari from PBC to recommend BCH. People will eventually follow the money. More money will pour into BCH.