Bitcoin Falls From Highs on ‘Flippening’ Fears

in bitcoin •  7 years ago 

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/

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Thats smart money doing what smart money does. Profit from panic =)

Not a fall it is in the 2500-3000 window since last week..