Probably not too many traders of cryptos here, but still… discuss trade opps when possible.
Bitcoin has been going up, $4617/btc on gdax currently, and the plausible explanation is the upcoming forks (October 25 and in November).
If it plays out same as last time, hodlers of bitcoin will get “free coins”, with no after-effect to the price. Kinda like free dividend with no ex-dividend price adjustment.
How to trade this, buy bitcoin now and hold until after the forks and sell everything…