You are right for sure. It was easy to guess once Segwit2x was cancelled some of the pro-fork BTC holders would flock to BCH, didn't think it would be this many people though, BCH and their "new bitcoin" propaganda campaign seems to be effective.
Hopefully DCC held up to their promise of "optimising value across all forked variants" and transferred some of their holding to BCH in the event a "flippining" would happen if the community wanted larger blocks. There was no mention of that though, so it's doubtful.
Too hard to see how this BTC divergence would affect DCC on Monday. In reality it was still the smarter move for DCC to hold BTC, as even now its still added almost 50% more value to their cash reserves. But the negative sentiment is going to be hard to shake off, looks like buyers may be calling the shots tommorow.
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Open | High | Low | Value | Volume |
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10 | 468999 | 0.035 |
3 | 25000 | 0.034 |
3 | 25000 | 0.033 |
6 | 130471 | 0.032 |
Price($) | Vol. | No. |
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