RE: Sudden Pump in the Price of Cryptocurrencies

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Sudden Pump in the Price of Cryptocurrencies

in bitcoin •  7 years ago 

Trend is still lower so beware! Need to look at volumes to back up any change in trend. A possible cause of the move could be some short sellers covering their positions which forces buying. If it continues, more shorts could be squeezed and forces to cover their positions.

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