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RE: Bitcoin hits $5000 USD and then gets smashed (by Central Banks?)

in #cryptocurrency7 years ago (edited)

Not smashed by central banks, just normal bigtime investors getting smashed by reality. Some mighty whales were trying to bring BTC to 4850-4950 range (magical number where BTC were supposed to go to the moon) but it never did so the whales had to sell out fast and get back where they came from. Thats the reason for the dump.