The Bitcoin price is exhibiting a “Bart Simpson” trend as shorters take advantage of its short-lived bullrun to near $4000, Adam Back has said. Bitcoin Falls Away From $4k In social media comments February 25, the HashCash inventor and Blockstream CEO said that leverage-based platforms such as BitMEX were broadly responsible for the volatility which has characterized Bitcoin over the past week. “It’s a ‘Bart’ Simpson price formation, suspected to be triggered by overuse ofRead MoreThe post Doh! Bitcoin Price Drop Was Just A ‘Bart Simpson,’ Says Adam Back appeared first on Bitcoinist.com.
