Hello guys,
What is really happening the market all red?
Woke up this morning with my full confidence that market will continue to recover but it didn't!
Can someone explain to me what is really going on because the market is not recovering, instead going to the hell again, more deeper!
Thank you.
The pull back is happening because of the China news + the BTC-E exchange is coming back on line in a day or so which will allow people to withdraw their coins again.
Once they all start withdrawing their coins they will be able to dump them on other exchanges and trade them in for fiat. That will make the price crash .