Over the past week Bitcoin price has moved up and down testing the 12K mark! The volatility of Bitcoin (even though small) can have some impact on the atlcoins. However, volatility leads to speculation which leads to HUGE price increase! We want volatility!
A large BTC transfer made news recently. 93000 BTC was transfer from 1 wallet to another. In the past Large transfers of BTC almost always mean a bitcoin dump or crash! The large incoming wallet was owned by Xapo (a coinbase custody company). This transfer doesn’t look like bad news for Bitcoin. Actually this may be bullish news!!!
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