You are viewing a single comment's thread from:

RE: BTC Shorts Increase 50% As $100m Tether Moves To Bitfinex

in #cryptocurrency6 years ago

I think the shorts are probably just because Bitcoin looks to still be in a bear market and if the price falls, there's still some people left that will panic sell. Whales can push the price down to a point where they're all gone and that will be the bottom. I think BCash crashing would have the opposite effect, it would make Bitcoin go up, as people holding BCash would sell and most of them would be getting Bitcoin.

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.037
BTC 93400.01
ETH 3410.75
USDT 1.00
SBD 3.80