Bitcoin drops 50 bucks

Bitcoin took a dip and dropped close to the $700 USD point, but investors are unphased by the little price hit, which many analysts see as a push sell-off by buyers who want to do a quick flip and make gains. The markets have become increasingly volatile as the Market Dominance has increased with BTC dominance hitting close to 85%, thus signalling a move to rally on the main BTC asset, from which everything else has spawned from. This low push may be an alternative signal for a bull rush, which may be omnipresent in the coming days, however, it is much too early to forecast such predictions, thus, the importance will be to see how the price makes moves in the coming moments as we watch to see if it will rise or fall.

Screen shot 2016-06-20 at 8.22.42 PM


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