Quoted from coindesk article:
The question hanging over the bitcoin markets remains: did the price find a bottom at the $170 mark, or will it plumb even greater depths? Conversely if a bottom has been found, what will be the rate of a rebound?
Buyers may be found with bitcoin at prices not seen since the autumn of 2013. Money is waiting on the sidelines to enter the market at current prices, Yeh says.
"We have a lot more higher net-worth clients looking at bitcoin now and seeing the price dip as a buying opportunity," he said.
(One trader, Harry Yeh at Binary Financial, recounted trading over 20,000 BTC (about $6m) in a single marathon 20-hour session last month. He said today's market action was getting close to that level.)
no one wants this ponzi coin,give it up
MORON, follow the whales. Dumb-ass.
