Bitcoin's price took a big hit yesterday even going below USD10,700 before climbing back to the USD11,500-12,000 range. A lot of people are blaming Coinbase for the retracement, however, are they really the reason for the pullback? Mattie will also look into where bitcoin will go next as well as the rise we're seeing in terms of altcoins vs bitcoin.
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References:
Spiralling #Bitcoin Pullback Snowballs to Brutal $58 Billion #Crypto Market Dump
https://www.ccn.com/crypto/bitcoin-pullback-brutal-58-billion-crypto-market-dump/2019/06/28/
https://www.coindesk.com/down-1-7k-bitcoin-dives-while-altcoins-rise
Bitcoin Price Back Above $11,000 as Dip 'Consistent' With Parabolic Bull Run
https://cointelegraph.com/news/bitcoin-price-back-above-11-000-as-dip-consistent-with-parabolic-bull-run
https://cointelegraph.com/news/mike-novogratz-bitcoin-will-stabilize-between-10-000-and-14-000
What Happened With #Coinbase ?
https://www.altcoinbuzz.io/crypto-news/finance-and-funding/what-happened-with-coinbase/
https://www.ccn.com/op-ed/stop-blaming-coinbase-bitcoin-price-crash/2019/06/27/
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