Date: March 26th, 2018 11:56 PM Author: Multi-colored Citrine Property
There are some sellers. I don't pretend to have a great idea of what is happening across all of the millions of individual decisions, but you have natural selling action, including shitcoin traders bailing out to fiat through BTC, plus some long-term HODLERs who started spending their $20M in their heads in December and are now selling on the way down to salvage $5-6M, and traders going short.
Big problem is the lack of buyers.
$6k is just projected by some based on price trends (i.e. TA).
i've been buying the whole way down, five hundo a day since I made my big bet in the 700s. Cash beginning to dwindle though. Luckily i'm quitting my job end of April and will cash out my "retirement" savings