Hi @cryptovc this is not too hard to guess. They had this strategy on twitter going on with a countdown for the last 3 days. Everybody was anticipating some big business development and therefore invested so price went up. Now they announced a get together of banks and tech ppl ( quite big and Ben bernanke will also be there ) but people hoped for something more like starting to really make business with someone. Therefore the expectations were not met and then selling starts as a normal behaviour:)
At least this is how I see
Hi @cryptovc this is not too hard to guess. They had this strategy on twitter going on with a countdown for the last 3 days. Everybody was anticipating some big business development and therefore invested so price went up. Now they announced a get together of banks and tech ppl ( quite big and Ben bernanke will also be there ) but people hoped for something more like starting to really make business with someone. Therefore the expectations were not met and then selling starts as a normal behaviour:)
At least this is how I see
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I agree. Here is a steemit article which backs that up.
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