8200 BTC Sale Prompts Decline

A large sell-off of 8200 BTC has likely prompted a sell-off in the market that is responsible for the recent Bitcoin price decline. After nearly hitting the $10K mark, Bitcoin is currently trading around the $8400 mark at the time of this update.

It is important to remember in times like these that market sentiment and hysteria can be easily affected by large transactions and the resulting copycat moves that follow. As with any investment, it’s not a smart move to dump your assets at a low price, especially when many experts predict a quick rebound.

8,200 BTC Moved From Mt. Gox Wallet, Possible Sell-Off Affects Bitcoin Price

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