2018-6-27 14:27 |
Clem Chambers, CEO of stocks and investment website ADVFN, believes “Bitcoin is on the ledge of another heavy fall,” but is simply following its historical pattern.
At the time of this writing, Bitcoin is down 2.15 percent over the last 24 hours.
Every other altcoin in the top 10 (excluding Tether) is down between 4.51 percent and 7.52 percent.
ADVFN CEO Clem Chambers believes, however, that the relationship is not one-sided, and that mining rewards for altcoins actually serve to indicate potential price movement for the market leader.
The post ‘Bitcoin is on the Ledge of Another Heavy Fall,’ Says ADVFN CEO appeared first on Bitcoinist.com.