The 1130ET Bitcoin-Battering Continues

It appears the algos have found a pattern…

Even Saturday saw Bitcoin hit at around 1130ET (though Sunday, the machines rested)…

Bitcoin pushed up towards $10,000 over the weekend after falling last week on Mt.Gox overhang concerns, but as CoinTelegraph reports, talking about the Mt. Gox issue, FundStrat’s Tom Lee was relaxed and urged calm.

“It’s a short-term concern, but it doesn’t change anything,” he told Barron’s the day of the release.

After an ugly week last week, Litecoin, Ethereum, and Ripple are now back in the red again and Bitcoin holding just positive from Friday’s close…

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