@odaiks
Bitcoin was rejected by its 10day MA from a recent high of $63,861 on July 1st, to as low as $57,800 today. This drop represents a 10% drawdown.
The drop is not unconnected to the Mt. Gox exchange distribution expected to start this month. The now-defunct Mt. Gox exchange is expected to distribute up to 140,000 Bit…
1 reply
0 recast
13 reactions