Since Bitcoin Cash fork, most of the cryptosphere is watching its price. Will it rise, fall, keep certain base? Or more importantly, will it in some way affect the almighty original Bitcoin?
Shortly after fork itself Bitcoin Cash price shoot up all the way to ~$950 per coin not really subtracting this value from BTC which created a somewhat unique precedent (maybe this is partially the reason why we see so many new BTC forks coming up). Since then, we've seen a steady decline. During October we've seen a little momentary spike that was rather quickly corrected. In last couple of days, however, Bitcoin cash started to gain a nice upwards momentum an is already reaching its monthly ATH.
What do you think? Will BCH rise more or is this a good time for shorting?
Note: This short summary is written solely from trading perspective. If you'd like to contribute with a more technically oriented view, please do comment. I'd be happy to learn.