Those people who gambled on 20x leverage got liquidated today once the price plunged below $324.
Seen that on the OKCoin charts....
.....so insane amounts of Fiat got stolen today by the whale market manipulators.
Maybe now that they have filled their bellies to the point of stuffing, they will finally let this market fucking bottom.
For what it is worth, we are right on the 61.8% Retracement point from $195-$505. This is where the 'Smart Money' buys. What concerns me is what is the dumb money going to think when it sees Bitcoin go up $200 one day, and then down $200 the next?
'STEER WELL FUCKING CLEAR OFF?'