Bull run predicted........then price crash, or is it just a Black Friday Deal
Several media outlets / bloggers / vloggers were predicting a bull run for crypto then hours later another price drop due to the Bitcoin Cash (BCH) fork. Coinbase paused trading on Bitcoin Cash “Due to recent developments, we have now determined that it will be necessary to also pause all buys, sells, and trading of BCH starting at 8:00AM PST on Thursday on Coinbase.com, in the iOS and Android apps, and on Coinbase Pro and Prime. Accordingly, during the time of the pause, you will not be able to sell or remove your BCH from Coinbase. If you wish to have access to your BCH during the pause, you will need to remove it from the Coinbase platform prior.” Some see this as a major blow to bitcoin and cryptocurrencies. Another view is this is just a great blackfriday deal!