Key points:
Bitcoin falls more than 2% from its daily high of USD 120,000 to grab liquidity in a preemptive move.
However, market projections foresee a deeper pullback.
The “froth” is starting to appear in cryptocurrencies as open interest in altcoins reaches new all-time highs.
Bitcoin (BTC) fell to take offer liquidity at the Wall Street opening on Wednesday as traders sought new minimum price targets for BTC.
@larangesking
