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Up, down, and up again... The crypto market: like a carousel in an amusement park - bright, dynamic, and not always predictable. Last week, this carousel was spinning with particular speed, throwing investors in different directions.π
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π΅ Payments of Mt. Gox 4 times will result in massive shorts on Bitcoin Cash This was stated by an analyst at the quantitative trading company Presto Research. According to him, the withdrawal of liquidity to the market associated with payments will significantly affect BCH holders. Payments will be made between July and October, their amount will be almost 142,000 BTC and BCH, which will give creditors the opportunity to open long positions on BTC and short positions on BCH. The expert believes that a weaker investor base around BCH will lead to the fact that 100% of the BCH transferred to creditors will be sold in the near future.
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