Quote from: zombie6 on November 29, 2017, 07:36:49 PM

Quote from: fireblond on November 29, 2017, 07:33:38 PM

My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? Back to 10k by tomorrow. So just hold
Disclaimer: this is not financial advise trade at your own risk

The news came out that the nasdaq will accept bitcoin futures, and can play to lower it, because it is set to it negatively

hahah no. Futures can't affect Bitcoin's price because they don't touch Bitcoin. If anything another exchange adding Bitcoin Futures is bullish as it gives more credence to Wall Street adopting direct investment of Bitcoin next year through ETFs and hedge funds offering it.

Anyways, this is just a normal correction as was expected. The correction this in June/July and September took a month or month in a half to come back up. But the last one a few weeks ago only took 8 days from start to finish because buy pressure is just getting insane now. I'm guessing this correction will be ever shorter lasting until we hit new ATHs at $11,500.