Bitcoin Falls From Highs on ‘Flippening’ Fears
Another volatile week for crypto-currencies. Bitcoin briefly broke above the previous all-time high only to sell-off hard on flippening fears. Litecoin followed BTC both up and down but remains tucked in a range.
Bitcoin Falls on Flippening Fears
Bitcoin briefly broke the previous all-time high of $2,848 on FXOpen to hit a new high of $2,889 yesterday. On some other BTC/USD exchanges like Coinbase we touched the $3,000 mark only to sell-off strongly shortly after. The reason behind the heavy selling was flippening fears.
Read more: https://blog.fxopen.com/bitcoin-falls-from-highs-on-flippening-fears/
Thats smart money doing what smart money does. Profit from panic =)
Not a fall it is in the 2500-3000 window since last week..