technical analysis shows Hearn news possibly overblown

[jonald_fyookball]

weekly chart of price.  I'm sure Hearn news had
some impact but this actually looked like a pretty
logical place for price to pullback to test the
moving average after forming a small double
top at the $450 resistance.  Found support
at the moving average, bull trend still intact.

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[afbitcoins]

Nice

[Pab]

Very nice chart,thanks for posting,as soon Chiniise will end doge pump we can expect btc price up
Maybe after doge pump will be LTC time

[croato]

I also think that Hearn news did not make this price drop but whales and big players did use that event to drive price lower so they can buy more cheap coins before halving and solution of block size debate. After that we could have price skyrocket to new ATH but i would not be surprised if whales drive price even lower before.