Bitcoin prices were backing down on Thursday from another surge akin to its sudden rise in late 2017.
Its price is determined by emotion more than anything else.
It is a tough trading environment right now primarily due to the lack of strong emotions.
This week alone, bitcoin is up more than 40% and up 320% since December.
Bitcoin's price has rocketed so far in 2019. But with its latest swift push past $13,000, it could be setting up for a pull back.
AbbVie is dropping on Allergan deal announcement, momentum is weak outside certain pockets.
Gold continues to run higher as the dollar continues to collapse.