What could be the culprit besides a profit-taking whale? August Bitcoin futures settle at the end of trading London time Friday and someone could be looking to push that settlement price to get their futures bets in the black. Futures are one of the few vehicles for Bitcoin bears to play in crypto because you can't effectively short Bitcoin (or many other things) without futures. It's not a coincidence Bitcoin tumbled from its all-time high after its CME futures started trading in December 2017. Before then if you didn't believe in crypto, you're only option was to sit on the sidelines.
