This Rare Occurrence That Signaled Start of Bitcoin’s 300% 2019 Rally Is Back

Wednesday marked one of Bitcoin’s most powerful rallies in weeks. Within the span of just over 12 hours, the price of the leading cryptocurrency rocketed from $7,700 to a high of $9,000 — a dollar gain of $1,300 and a percentage gain of 17%. It was a move that shocked Bitcoin investors across the board, with over $80 million worth of BitMEX short and long positions liquidated as this move transpired, data from shows. […]

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Author: toutiao