Seems John McAfee will eat his cock on TV after all...
Seems like it, but apparently he adjusted the date of his predictions. At this point in time, would you really believe anything that McAfee states regarding cryptocurrencies?
Bitcoin plunged, breaking the $ 6550 level, but not in a good direction, the BTC / USD plunged, dropping $ 342 in just 35 minutes.
Electronic money analysts have predicted that bitcoin prices are about to break from the price of $6550 , and those projections become real early today. Unfortunately for investors , the motion has not happened to the good afternoon. This is completely contrary to the hope of breaking the $6k8 threshold to reach a short - term increase.
After a brief hike to $ 6,700 in the week. Bitcoins are stable between $ 6,550 and $ 6,600 today. However, not long before 1:00 UTC, BTC/USD fell from $ 6,594 to $ 6,252 in just 35 minutes. Bitcoin is priced at $ 6,288 on Bitfinex, down about 5%.
I wonder if this reduction will make investors more worried about Bitcoin in the future as the market continues to fall?
Some investors could have cashed their bitcoins out to offset some of the losses they incurred after a slight decline in the Dow. Or perhaps, they just wanted to cash out after the long stagnation of the price between $6550-$6600. There isn't a huge reason for the price to move that much and with all the months this has happened, I don't think it is somewhat special anymore.
