Quote Originally Posted by 1970 silver art View Post
I have been following BTC and I have been "nibbling" (i.e. making small purchases) on it via Coinbase each time that it went down by a certain amount. It looks like it will break $400 on the downside. The low so far is right at $400. I suspect that China is spooking Bitcoin at the moment with some sort of "announcement" about Bitcoin. We will see.
It looks like one of the 4 big China banks is already starting to tell Bitcoin exchanges about their upcoming policy (i.e. halting RMB "recharges" (i.e. no BTC/RMB transactions) by next Tuesday. The story is here..............http://thebitcoinnews.co.uk/2014/04/...by-april-15th/