The price of Bitcoin jumped massively about an hour ago and is largely holding those gains propelling it above the moving averages that signalled a bearish market. It's not possible to assert what caused the jump, but given the magnitude, it was likely triggered by a large purchase that then triggered subsidiary buying. Does anyone have thoughts on the cause?
Given that we've been in a long (for bitcoin) bearish run with many of the weak hand shaken out of the market, could this be the start of the correction or is it a bull trap?
Of course this is all rather pedestrian for Steem up at time of writing 29% in the last 24 hours.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
The sharp pump occurred due to the signing of the document on cooperation in the field of blockchain technology by 22 EU States.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good spot. That's probably the cause, but I guess there are a lot of things contributing. Lots of positive news, although in fairness there has been lots of positive news for weeks with minimal price impact.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Its actually good for steemit, usually most currencies are linked with BTC due to exchanges, when BTC booms, we receive nice rewards for our posts!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
wow, does this rise also affect the steemians,
I resteem the information, ok
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, looks like Steem is up nearly 3x as much as BTC. Although historically Steem has been a bit more volatile than BTC. I.e. when BTC goes up Steem often goes up more, but when BTC goes down Steem often goes down more. Hopefully you've been keeping your Steem and not selling it...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks information, my stem is still a little.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My friend, I would like to add more my Steem, but there is no secret formula, and less for a Spanish speaker. It is always good to see your publications.
How about Ireland? Here in Venezuela, the communists still refuse to leave power. the situation is becoming more acute.
Amigo mio, quisiera aunmetar mas mis steem, pero no hay una formula secreta, y menos para un hispanohablante. siempre es bueno ver tus publicaciones.
que tal irlanda? aqui en Venezuela, los comunstas aun se niegan a dejar el poder. la situacion es cada vez mas aguda.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What ever happened there that is amazing can't even imagine right now how that happened :D crypto is full of unexpectations : )
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well do not really know the reason but I am loving the rise ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
bitcoin top level
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Prices soaring in the last 24 hours, positively affecting market investment and safe investments will continue to grow with profitable markets as well.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 5.04 % upvote from @booster thanks to: @maxbullion.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well do not really know the reason but I am loving the rise ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hopefully this is not a trap friends, pray for steem also go up high 😊👍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thank you for sharing this useful information @maxbullion
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@maxbullion how are you .., why not make a post again ..., you're fine right. 13 days you did not create a new post. I hope you are fine.
greetings from me @muftii
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin Price ,Thank you very much for the valuable information you have given.good days 😃
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
friends ..., where are you .., why do not appear-popping .., no posts, what are you healthy, right? if you do not play steemit for a while, lend me your SP, after you come back I love you again. thank you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @maxbullion! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - The semi-finals are coming. Be ready!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @maxbullion!
You raised your level and are now a Dolphin!
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello maxbullion, welcome to Partiko, an amazing community for crypto lovers! Here, you will find cool people to connect with, and interesting articles to read!
You can also earn Partiko Points by engaging with people and bringing new people in. And you can convert them into crypto! How cool is that!
Hopefully you will have a lot of fun using Partiko! And never hesitate to reach out to me when you have questions!
Cheers,
crypto.talk
Creator of Partiko
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit