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Bitcoin meets profit-taking as falls back to test 87k
Bitcoin has fallen back a bit further now this morning. The lead coin has just now fallen below 87k, after peaking earlier today just shy of 90k, as noted here earlier. BTC has just dropped to a low at 87,080. The reason for this would seem to rest with nothing more than profit-taking. There is no fresh news that can be detected here for any other reason to explain the more than $2,500 fall. However, these days, with BTC at the current levels, perhaps 2 or 3k is not that much of a deal really? In fact as I write, BTC has just lifted back above 88k, as if to endorse that point. It is currently trading at 88,015
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