BITCOIN 8000$ ON BITMEX

in #bitcoin6 years ago

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Hello Friends,

I am back today with another interesting and informative Crypto blog regarding Bitcoin recent 8000$ price reach pump today on Bitmex.

Today on Bitmax Bitcoin price hit 8000$. Yes you read it correct. But this is a system error. The $7000 and $8000 value wicks on XBTUSD are wrong, caused by a request that imprinted on the feed at its point of confinement cost and not its execution cost. Exchanging is as yet typical and will proceed, and the market revealing bug is being settled. Those wicks will be expelled from the graph. No Bitcoin was lost and the exchanging motor group is sure this won't trade off the uprightness of the framework."

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Those traders who were holding short position and got liquidated are being fixed by the system. Nothing to worried about it.

Thanks for reading my post.

Keep in mind to impart your insights in the remark area underneath.

Regards,

Ajay Sharma

@ajsharma333

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The pump was very sudden. Though good post.

Yes that was system error

Sometimes it goes too high without any reason, thanks for letting us know it

This one is system error.
Other time that spikes are scheduled to liquidate those traders who holds short positions..

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It's looks but why this pump and how long it would be hold this position?

It's looks but why this
Pump and how long it would be
Hold this position?

                 - rosy1606


I'm a bot. I detect haiku.

@ajsharma333 Great article my friend

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