Bitcoin Weirdness Update

in #bitcoin • 7 years ago

Earlier today it looked like the peculiar streak of $10,000 low trades had finally come to an end. But no! The low trade for December 28 is now $10,000. Apparently the $10,000 trade comes at the end of each day.

This is very strange. Is it real? Is someone out there really willing to sell some bitcoin every day for $10,000? Is it an artifact of Coindesk’s tracking software? Something to do with the new futures market? Mind tricks from a Jedi trader? It’s pretty mysterious.blog_bitcoin_low_bid_2.jpg
http://www.motherjones.com/kevin-drum/2017/12/bitcoin-weirdness-update/#

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7 years ago in #bitcoin by
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