Bitcoin Price Briefly Hits $9,000 Before ‘Fakeout’ Dump to $8,000 in Minutes

2019-5-31 11:45

By CCN: On May 31, the bitcoin price briefly hit $9,000, achieving a new 2019 high in a powerful recovery from around $8,500. Within minutes, the bitcoin price crashed from $9,000 to $8,200, falling as low as $8,000 on Bitstamp.

Technical analysts generally consider the sudden rally of the bitcoin price and its abrupt dump to be a case of a fakeout breakout fueled by the liquidation of contracts on BitMEX. Was it a case of bitcoin manipulation? Although a drastic decline in the bitcoin price at a pace in which it fell as soon as it reached $9,000 was

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Bitcoin (BTC) на Currencies.ru

$ 92509.03 (-0.10%)
Объем 24H $64.988b
Изменеия 24h: 2.72 %, 7d: -1.40 %
Cегодня L: $92115.09 - H: $93151.08
Капитализация $1846.484b Rank 1
Цена в час новости $ 8505.56 (987.63%)

bitcoin price minutes briefly fakeout dump hits

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