Bitcoin in crash

The market is already beginning to show the predicted liquidations and profit grabs.

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• History and regulators suggest a big reversal will come at some point.
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This morning has signalled some buying momentum as investors look to capitalise on the dip. A note of caution awaits, though. Weekend trading has, historically, often been weak and largely registered declines over the years.

Whatever happens to Bitcoin over the next few days depends entirely on what side of the bed the US crypto traders get up from later today. Analysts pointed to signs of long-term holders spending coins and to a reduction in big wallets.

Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Read the original article on Business Insider. SEE ALSO: The research director at Grayscale breaks down 5 digital tokens other than bitcoin and ethereum that he is newly tracking - and shares 3 emerging opportunities he's monitoring ». Indices in This Article.

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