The ongoing Bitcoin correction (or crash) which Brotherjohn (whose silver market analysis we highly respect) referred to as “a very normal looking market” in hisBitcoin report on Wednesday night, continues.
SGT report reader Vision Victory reported seeing a low print today of $ 55, with trading in Bitcoin now halted. Primary Bitcoin exchange Mt. Gox announced the halt in trading and provided this rationale: “Trading is halted until 4-12-2103 at 2:00 am UTC to allow the market to cooldown after a drop in price.”
Indeed. With no NYSE circuit breakers in place, the popping of the Bitcoin bubble was sure to be fast and furious as Chris Duane, Mike Adams and so many others have been warning. We see current prices for the crypto currency hovering in the $ 75 – $ 100 range.
Delivered by The Daily Sheeple
Contributed by SGT Report of www.SGTreport.com.
POP! Bitcoin Halted
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