[2016-09-21]Bitcoin Price Watch; A Short-term Cascade Effect

[BTCBinary]

Bitcoin Price Watch; A Short-term Cascade Effect

So that’s it — the overlong and overdue flat range was finally broken today, but with a jolt. As the order books continued to go thin, and volatility remained lower as ever, somebody turned butter finger and shorted a massive chunk. This led to a series of speculative short positions which resulted in the invalidation of our psychological support, the 600 fiat mark...

http://www.newsbtc.com/2016/09/21/bitcoin-price-watch-short-term-cascade-effect/