rustygeeart

Bizarre Price Action on BCH

rustygeeart Updated   
BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
Couldn't post smaller timeframe because TV won't let me but there was a weird dump off BCH on Binance and Huobi at the same time down to the second that recovered damn near instantly. This was followed up by weird spikes occurring every other interval. I am posting because I have no idea what it is and would love some input. Go check out the charts for yourself. Perhaps whales offloading large positions following the lower Hashrate after the Halving a few days ago? No Idea.
Comment:
I included the correlation Coefficient to BTCUSDT at the bottom because there is now a large divergence going on. BCH tends to stick to BTC pretty well.
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