Reasons why Bitcoin is down this month
-- German government sales
-- Mt Gox reallocations
-- US government sells Silk Road holdings
-- Japanese yen carry trades
All sales are absorbed. Bitcoin is still up 38% year to date. #BTC☀
-- German government sales
-- Mt Gox reallocations
-- US government sells Silk Road holdings
-- Japanese yen carry trades
All sales are absorbed. Bitcoin is still up 38% year to date. #BTC☀