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Topic: Bitcoin Price Falls to 5-Day Low Following Fork Currency Creation (Read 255 times)

legendary
Activity: 2758
Merit: 6830
It was obvious that this would happen.

1. Everybody buys Bitcoin and trade every kind of alt to BTC so they can earn the free fork airdrop.
2. After the fork, they rebuy those alts while they are low.
3. Bitcoin price goes down, while Alts go up.

It's actually easy as fu*k to profit with cryptos. I bought NEO yesterday and it's already 10% up.
full member
Activity: 294
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Bitcoin Price Falls to 5-Day Low Following Fork Currency Creation
https://www.coindesk.com/bitcoin-price-falls-5-day-low-following-fork-currency-creation/

Quote
daily low of $5,560

if you're looking for a culprit for the dip, industry observers are so far pointing to the creation of bitcoin gold yesterday.

Is the pullback over?

I suspect we might see a minor recovery in BTC price but then the slide will continue for a few days, I suspect 5k could be breached by the end of the week.
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
Bitcoin Price Falls to 5-Day Low Following Fork Currency Creation
https://www.coindesk.com/bitcoin-price-falls-5-day-low-following-fork-currency-creation/

Quote
daily low of $5,560

if you're looking for a culprit for the dip, industry observers are so far pointing to the creation of bitcoin gold yesterday.

Is the pullback over?
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