Bitcoin has been trying to rebound and then it drops again. As I write this, its well off its April 13 high of nearly $65,000, hovering at $35.9k. Bitcoins price has plunged nearly 40 percent since early May, its worst month, since September 2011. This free fall comes after Elon Mush announced that Tesla would stop accepting bitcoin for purchases and after regulators in China banned Chinese banks and other financial institutions from supporting bitcoin, including processing payments, allowing customers…
