Surprising to see that nobody here is bothered by the fact that without explanation China suddenly started dumping like crazy. I'm still very curious what caused this.
It's taken us down 20 dollars now.
It's taken us down 20 dollars now.
it is not china... if you didn't notice, there is someone who has been dumping for days, he dumps in ~ 500BTC batches , then he waits for support to build up around $590-600 and then repeat... it has been going for a couple of weeks now, just watch when the soonest we come close to $600 it happens again, I think someone is cashing few thousands of BTC and doesn't want to trigger a panic selling and/or doesn't want to effect the price that much.