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RE: Daily- $8000 Bitcoin Surge - Liquidated shorts or ETF hype

in #dlive7 years ago

While I agree that the recent rise in Bitcoin price is due to some positive sentiment related to the expectation of an ETF approval, I think that the seller have also been reduced significantly as they have led the price action since January. However, we need to be reminded that price gets a bid when participants expect news just to sell-off when it is actually announced. We have seen this recently with the EOS mainnet launch...

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