Bitcoin jumped today by 1k USD fast.
As soon as it had recovered to $6900, it surged upwards, and within 25 minutes it had gained 16%, up to $8,000, before settling at $7,700. Even for bitcoin a gain of 16%, in such a short time, is quite rare in 2018. Heavy falls are a little more common as bad vibes from the G20, or an Asian regulator can move the market down rapidly.
Was this a change of trend or just a short squeeze ? Time will tell but for sure over $150 million of shorts were just liquidated on Bitmex.
Why do i speak of short sqeeze? Because yesterday shorts on Bitcoin were on ATH and today this bomb came.
People try to find reasons - mayber Soros and Rockefeller investing into BTC, maybe USA vs North Korea.
But thats not only Green stuff that interests us.
STEEM is among most raising in value coins. ZIL is also a nice project that i believe can pump a lot more. BTCP so far has no real exchanges (by that i mean tursted/old) so this price change doesnt matter. About it, all coins trade Binance as usual.
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