It seem's obvious to me that GDAX is trying to prevent this huge correction in the market. If they bailed out all the margin traders and stop losses, why would they allow for another event to happen days later when they CAN stop it? Every time a major support level get's broken GDAX crashes, it's no coincidence. First at 250 now at 230.
Have your limit orders set just above the support levels! I wouldn't get your hopes up on another flash crash ever again. This kind of third party intervention kind of is against what crypto currency stands for. It sucks not being able to buy the 2300 Bitcoin right now this is horse shit.
Please share your thoughts.
