Bitcoin Correction Will Spawn New Parabola, Says Veteran Trader Peter Brandt

Bitcoin price took a surprising tumble after some inexplicable kerfluffle at BitMEX and traders are now wondering if the current rally has been compromised. Strong Correction Breaks Bitcoin’s Parabolic Advance Yesterday’s massive liquidation at BitMEX has the entire crypto-world up in arms and concerns about broken parabolas, fat fingers, wonky algos, and outright manipulation are setting every chatroom and journal on fire. Despite all the chaos, one veteran trader isn’t the least bit worried, inRead MoreThe post Bitcoin Correction Will Spawn New Parabola, Says Veteran Trader Peter Brandt appeared first on Bitcoinist.com.