Have we hit the bottom before the next run up or will she hit resistance and continue downward? $280 looks like heavy support to, let me know what you think below!
(GDAX - Ethereum $290 current price)
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Coinbase indicating ETH congesting. Not sure if they are trying to reverse some trades from the flash crash.
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The reason of the drop is an hoax about the supposed death of Vitalik Buterin the founder of Ethereum. It's been debunked at the moment as more and more peoples are learning the truth. ETH should bounce back in the upcoming hours.
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But Bitcoin is mirroring the same pattern. This fake news caused both to drop?
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I think we are still correcting, I have a chart here
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The final bottom is 0.03-0.035BTC I think
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