Weird that someone still trying to buy at that unthankfull 40. Its obvious it might push through there till the weekend. The guys that were able to sell yday saw that coming and now the late ones try to desperately sell but the money didnt flow back.
If this hits sub 40 it will crash mark my words. (crash meaning 10-15 sat where there is support)The reason it's dropping is becuase people are getting out to sell BTC for dollars and then buy back when btc drops. If btc does not drop and this hits sub 40. Good luck. (This means all the people that sold will be waiting for maybe a week to buy back in, because you could of made a loss on this sold back into dollars and made your money back on the drop)
I've been buying down from 90, I've made some incredible mistakes in investing but this one takes the cake. I thought the supply originally was 5 million not 500.
Pull up a chart of btc 30 day and dgb 30 day you'll notice the pattern immediately.