Binance BTC drop & other bad news to be aware of

News moves markets. We can chart things up as much as we like, we can talk about potential support and resistance areas, or where buyers and sellers might do battle, but all it takes is a bit of news that causes fear and things can move very fast away from what we've anticipated.

This is a perfect example, as we saw a big drop in BTC thanks to Binance hack fears: coindesk.com/funds-safe-binance-denies-crypto-hack-rumors/

Some other stories to be aware of:

• SEC says cryptocurrency exchanges are an unregulated mess
• Bitcoin just tanked below $10,000 after SEC says crypto exchanges must register with agency
• Mt Gox Trustee Sells $400 Million in Bitcoin and Bitcoin Cash