HUGE spike in volume out of China over the past few hours. Even more than 2-3 weeks ago. Anyone know why?
One can never be certain , but reading up on some yesterday's news from coindesk might be one of them
http://www.coindesk.com/visa-europe-remittances-bitcoin-blockchain/On top of that; the recent run to ~500$ still didn't dissipate, and it's possible that price didn't "found bottom" at 310-320, but rather how that was result of oversell..
You never can tell with
bee's bitcoin.
― A.A. Milne, Winnie-the-Pooh