Anybody know the current volume of BIT? Is that what's moving the price right now? Usually we get a crash after the GOVT auctions.
If I recall correctly we actually get a small dip prior to auctions and then once all the traders' fears are soothed that people won't be massively dumping the coins on the exchanges we actually get a good sized rally.
No, the exact opposite has happened in the prior 2 fed auctions.