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RE: Anyone know why BTC just dipped over $1k in about an hour?

in #btc7 years ago

It looked like market manipulation. I'm new to looking at these charts but on the depth chart the dip looked unnaturally quick and seemed to coincide with a similar dip in Litecoin - I'm guessing someone wanted to acquire some more.

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The exchanges went down at the same time. Maybe their market maker bots got turned off at the same time and rug was pulled?