Post
Topic
Board Speculation
Re: Bitcoin have just dropped $20 in less than an hour. What happened ?
by
LFC_Bitcoin
on 22/12/2016, 11:35:10 UTC
I have gone for business in about 45 minutes and  1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.

You're a Hero Member, what have you been doing the entire time you've been here? $20 swings either way don't mean much.
In this case we've gone up quite a lot in a short amount of time so people are taking profits & selling hence the drop.

Nothing new here.