Bitcoin Just Surged to $6,500 After Over 10% Weekend Crash

2020-3-31 23:31

In the past 20 minutes, Bitcoin has traded above $6,500, marking a rapid 12% gain from the $5,800 bottom seen on Sunday evening (UTC). Due to this move, the BitMEX funding rate on the Bitcoin (XBT) contract surged by 990%, according to data from Joe McCann, a cryptocurrency trader and AI/cloud specialist at Microsoft. According to him, this means “bulls [are] getting levered up here,” potentially setting the stage for a long squeeze in the future. Analysts are currently divided over what this means for the cryptocurrency; just 24 hours ago, many were charting a move to the low-$5,000s, citing the fact that it slipped below a number of supports as if it was a hot knife going through butter. According to prominent crypto trader Flood, who called the recent move from $6,800 $6,200, Bitcoin is likely to retest $8,000 in the near future. We shorted, now we long to 8k pic.twitter.com/zmYQm2psQZ — Flood [BitMEX] (@ThinkingUSD) March 28, 2020 Featured Image from Shutterstock origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 63877.11 (-0.24%)
Объем 24H $21.486b
Изменеия 24h: -1.95 %, 7d: 0.07 %
Cегодня L: $63789.42 - H: $65349.65
Капитализация $1282.432b Rank 1
Цена в час новости $ 6477.66 (886.11%)

bitcoin 500 according surged xbt rate contract

Источник: newsbtc.com

bitcoin 500 → Результатов: 126


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2020-7-3 11:40


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It’s “Showtime” for Bitcoin Once it Breaks Above $10,500

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2020-5-15 02:00


Фото:

“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation

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2020-4-26 21:00


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