Yesterday bitcoin went from $6,400 to over $6,800 testing important support and resistance lines. This sudden increase in value took the cryptocurrency to an overbought status. Today bitcoin price went though correction. All this has been associated with the down time for maitenance on Bitmex. The price has dropped back towards the 60 ema at around $6,400. There are many rumors and theories. Some analyst are saying that the market's sudden movement will influence negatively the SEC's expected decision announcement shedulled for tomorrow August 23rd on two bitcoin ETF petitions.