[2016-09-13]OKCoin to Blame for Bitcoin Price Retraction to $600?

[WishICanTurnBackTime]

Analysts and enthusiasts everywhere have enjoyed the large rise in the bitcoin price. After breaking $600, the price hovered in the $620 range for a while. Unfortunately, another drop has occurred, and bitcoin now finds itself stuck in the low $600s. Some believe OKCoin deserves the blame for this fall. However, despite the retraction, market patterns still look bullish.

http://bitcoinist.net/okcoin-blame-bitcoin-price-fall/

[Dassi]

OKcoin being the largest exchange in China will definitely affect the price of bitcoin from time to time.

[Winner]

With futures trading in the scene nowadays, people who like those stuff could either take advantage of the price drop situation.

With proper TA and common sense, you still won't be able to guarantee a 100% return on your "Investment", so just blame Bitcoin for everything?


Protect your assets. There is no need for the blame game