Bitcoin is likely to recover quickly and rise again on Monday, November 25.
Oke, only the date and that a big move was coming, I estimated correctly :-)
https://steemit.com/bitcoin/@goldmine2018/bitcoin-new-big-move-is-coming-around-november-21
But the Bitcoin price currently trading at $7315 I estimated incorrectly.
Many things are playing currently:
BAKKT:
∙ Today's volume so far: 2248 BTC ($16.11 million)
∙ Current daily Bakktarget™: 2981 BTC ($21.37 million)
Binance:
Fake new from China about Binance
https://steemit.com/bitcoin/@goldmine2018/binance-s-shanghai-office-shut-down-following-police-raid-not-confirmed
Fidelity Digital Assets (FDAS) is opening within 6 weeks
https://www.coindesk.com/fidelity-digital-assets-to-sign-up-its-first-crypto-exchange-by-end-of-the-year
Bitcoin drop caused by PLus Token Scam?
The reason for the breakdown of bitcoin may be the wallet of the Plus Token scam, which is once again selling its haul through Huobi.
https://bitcoinist.com/bitcoin-breaks-7000-as-whale-dumps-on-huobi/
Bitcoin supply/demand ratio dropped from 11.000 to 5.650 because miners are selling.
Bitcoin is likely to recover quickly and rise again on Monday, November 25.