Do you think it will go that far in the absence of additional news tonight? I was thinking steam would run out around the 105 walls at best in the absence of any additional multi-thousand BTC sell offs.
Yes I do, speculating of course...I think you're only going to see this panic sell gain momentum. Those walls are coming down. There's really no way to know where the bottom is and when the CNN's and others start running the story, there's just no way to know where this thing will stop. I still believe the core of Bitcoin is around the $50 or $60 mark, if it's any consolation. Retesting the lows was expected and if they breakthrough that...it's a whole new ballgame. All bets are off.
what is this news everyone is going nuts about?