Published on September 17th, 2017 | by bitcoin0
Bitcoin Price and Its Relation to China and Tethers
Panicked sellers thought “the bubble has popped, this is gentlemen” and the price dipped below $3000 around 1200 UTC on Friday.
The approximate price of a bitcoin for the past week.The truncated Y axis is courtesy CoinDesk, take it up with them.
This was enough to send the price up to $3600 in four hours.
Spoof orders regularly pull the price up or down; the orders disappear after they’ve affected the price, but before they can be executed.
— Tim Draper (@TimDraper) September 15, 2017
At least BTC China still sell their Official Make Bitcoin Great Again hat.