I know a lot of farmers around here and they are definitely getting a little antsy for some rain. Nothing dire yet but wouldn't want to go too much longer without a decent soaking.
We hit 88F earlier but clouds came in around 1pm and stayed around 80F. Nothing more than a few sprinkles. We could really use some rain to knock down this pollen.
China throwing all sorts of FUD into the market because the digital Yuan has been a failure and they don't want it being over run by Bitcoin, Litecoin etc.
The market was due for a correction but the bull run will start back up.
Still lots day traders that are going to rollover on any negative news. There are enough longs to hold the 37k support line and that's why you are seeing such a high volume battle there right now.
edit: of course it would only take one whale dumping millions in BTC to drop it back towards that 35k support.
Crypto prices are going to take some dives but eventually settle into a more stable price point. P2P block chain based financial transactions are here to stay.
There is almost nothing central banks or governments can do about it if private citizens want to use this technology to make untraceable transactions. Even if BTC was only worth a dollar it can still be used as an agreed-upon medium of exchange as long as enough people agree to it.
Notice how the financial media, which largely ignores crypto, has been on a two-week run of negative press.
Great, if china stops mining, the supply will be even tighter and eventually it will drive prices up.
Well, apparently the new TreeHouse location down the road opened for pick-up yesterday.
Nothing says budget like hundred dollar cases of beer!
https://orders.treehousebrew.com/oa/order/menu