Today’s chart for Bitcoin:
BitCrash Continues: Down 40% And Dumping
Time to rename it BitCrash… or will it stage an amazing recovery? Alas, for this particular bubble, there are no NYSE circuit breakers nor is there a Federal Reserve-mandated “plunge protection team.” And why should there be? The central banks hate all currency alternatives. Firehats: on, especially since the volume is still relatively lite.
Related Article:
ALL IN A DAY’S TRADING: BITCOIN SOARS TO RECORD $265, THEN CRASHES 50% TO $130
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