Allot of people talking about this article on Reddit describing a theory on BCHUSD price. https://www.reddit.com/r/btc/comments/ltcw8o/bitcoin_cash_you_are_being_lied_to/ My position is the author provides zero proof of his theory and its flawed in terms of its application to Wyckoff accumulation theory. If the author could quantify OTC purchases I would take it a bit more seriously. Also any long term market analyst wouldn’t post an inverse head and shoulders chart. The big boys don’t play around with memes. 1. In order for a composite operator to accumulate an asset they have to control price - that means being active in the market. 2. There is clearly an argument that the BCH price action can be seen as a wyckoff accumulation schematic. See my previous posts. 3. The author fails to acknowledge the damage caused by the BSV fork and the ABC fork to price. If anyone is looking for reasons why price isn’t in sink with the rest of the mid caps that would be a good place to start. #BitcoinCash
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