BTCCNY Charts and Quotes — TradingView

Facts, Thoughts & Extrapolations about the current crash

Here's why I believe BTChina's problem has a bottom sooner than later, but not just yet. Somewhere in the $200-$300 USD range.
Facts
Thoughts about the Chinese People in relation to investments
My Extrapolations
Our worst fears are confirmed, 50% of the market is experiencing a collapse and dragging the rest with it. The MSM will make this big, will talk about the bubble of Bitcoin, its imminent collapse and all their I-Told-You-So's. This is normal. On the counter side, there will be arguments for free markets and the restrictiveness of the Chinese marketplace. If any other country follows China's lead, they look dictatorial.
submitted by FutureAvenir to BitcoinMarkets [link] [comments]

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