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Bitcoin Cash price appears to be steadying down to its pre-split value by davidnx

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· @davidnx · (edited)
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Bitcoin Cash price appears to be steadying down to its pre-split value
So, it appears that after the initial frenzy of traders buying Bitcoin Cash, this has now subsided and the price of Bitcoin Cash is now settling towards it pre-split futures price.

The price could go anywhere though - there are no rules. I would have thought the recent news from Poloniex

https://steemit.com/poloniex/@davidnx/poloniex-bitcoin-holders-to-get-bitcoin-cash

and Coinbase

https://steemit.com/bitcoin/@davidnx/coinbase-will-support-bitcoin-cash-and-give-balances-due-from-the-split-but

announcing that they will be supporting the coin would have buoyed the market, but it doesn't seem to have done so yet. 

Here's the graph of Bitcoin Cash price in terms of BTC:

![](https://steemitimages.com/DQmdvTnZRjk6fT8s2J7qNEUzWfzUFCTrBGdxJXijKxabyUw/image.png)

Partial screenshot from:
https://www.worldcoinindex.com/coin/bitcoincash
👍  , , ,
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