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Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by Novashi on Tuesday November 20, 2018 @09:55AM (#18494181)
It seems like the bitcoin selloff coincided nicely with the general stock market selloff. I think someone wanted out of bitcoin after staring at a flat price line for 6 months.
Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by Scoundreller on Tuesday November 20, 2018 @11:40AM (#18495185)
As a stock market investor, a flat line for the past 6 months sounds pretty good to me!
Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by polynomial on Tuesday November 20, 2018 @12:13PM (#18495478)
but no dividends.
Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by jeletonskelly on Tuesday November 20, 2018 @10:17AM (#18494354)
Someone wants out and they know there's limited buy side liquidity. Once the primary market maker algos detect a big move, they get out of the way so they aren't overexposed long or short. Once they pull the liquidity it becomes a race to sell first.