Bitcoin declined over $350 on Thursday, losing about $300 in less than 30 minutes. Here are three possible reasons behind the bearish move. Whales at Work Again Yesterday, Twitter user Whale Alert reported that 7,800 BTC worth about $79 million was transferred from one unknown wallet to another unknown wallet. After about 4 hours, the same amount moved again, bringing the total size of the transfer to 15,600 BTC or about $158 million. While weRead MoreThe post 3 Reasons Why Bitcoin Price Has Crashed $350 Today appeared first on Bitcoinist.com.