swordalchemist

swordalchemist

There is a very basic reason why bitcoin wont go down to 7500k. That is volume. least we forget what makes bitcoin so popular is its essential scarcity in supply. To date there is just 16.846 million bitcoins in circulations and almost 40% of those belong to 1000 people, commonly known as whales. Now these whales have been around for a long time, and in that...

swordalchemist

Looking at a short to 9K tonight.