There is always a reason, we just have to dig deep enough to find it. Well I don't see a problem with it because btc was rising for half a year without any corrections so this is actually a healthy pullback.
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I am not that concern about BTC, since I do not believe in it, but more in other alts which have a great project behind, like EOS, ADA, XRB, etc.
@runicar, look like it is related to the close of the Future Contracts, the first ones. So I guess all the whales which were wishing to short BTC at 20K, they did it. Showing that we still have a long path to go, first of all how the mainstream media pushes against it. My personal view is that the Market should go bullish in the next few days in order for the Whales to take again short positions from above.