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Learning & News => News related to Crypto => Topic started by: newshunter on April 03, 2020, 01:00:58 PM

Title: Here’s Why Bitcoin Price Just Spiked to $7.3K, Liquidating $90M
Post by: newshunter on April 03, 2020, 01:00:58 PM

Here’s Why Bitcoin Price Just Spiked to $7.3K, Liquidating $90M

Bitcoin’s surge above the $6,900 and $7,100 resistance was propelled by $90 million worth of liquidations on BitMEX and Bitfinex

Source: Here’s Why Bitcoin Price Just Spiked to $7.3K, Liquidating $90M (https://cointelegraph.com/news/heres-the-real-reason-bitcoin-price-just-spiked-to-73k-liquidating-90m)

Would appreciate your opinion about this

Title: Re: Here’s Why Bitcoin Price Just Spiked to $7.3K, Liquidating $90M
Post by: Bobcrypto on April 03, 2020, 04:04:02 PM

I always think that bitcoin has the capacity to bounce back at any time and fortunately, it's spike to above #7000. I do note completely think or concludes yet for any other reasons other than the fact that it's been known to be a safe base for modern investment and trading options. This is just opinion.