14-02-2020 23:00 via newsbtc.com

$40M Bitcoin Auction Next Week May Cause a Bitcoin Flash Crash, Data Shows

The US Marshals Service is preparing to auction around 4,000 of seized BTC (+$40 million). Previous sales have coincided with an aggressive down wick on Bitcoin price charts.
The sale will take place on February 18. There may, therefore, be an opportunity coming up to get exposure to Bitcoin cheap next week, even if you didn’t register to take part in the auction itself.
Will US Marshals Auction Prompt Another Bitcoin Dump?
Highlighting the sudden market crashes coinciding with the US Mars
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