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RE: What caused the drop in Bitcoin? Hint: It might not be what you think...

in #bitcoin6 years ago

Yeah I know. Its really scary to know that these people hold so much power over the price of Bitcoin. I might be wrong about this but it seems the first wave of the reverse elliot wave have begun. I think you're right. Bitcoin might drop even further. Perhaps till the $8k mark. I am keep mostly cash with the hopes of getting Bitcoin at a cheaper price.