Not much movement of bitcoin
, but Rsi
looking to go down sooner or later. Litecoin have exploded to all time high of USD 300 taking over IOTA and reaching a 16 billion market cap. Sooner or later the bitcoin
market will fall due to high volume
and high volatility
. The introduction of bitcoin futures
may have ejected the price for now but will have a pull back soon to as low as USD 6000-8000. At low prices that would give the institutional bankers and companies to buy loads sums of bitcoins
or altcoins. A way to contol the market by obtaining high supply of cryptocurrency.