Bitcoin Jumps More Than 5% In Just Two Hours: From $8,650 to $9,200

in #bitcoin7 years ago

I have no idea why this is happening (although I have quite a few theories - all of them speculation, obviously) but I just spotted this and thought it was too nice not to be shared:


Screen Shot 2018-03-11 at 2.21.50 PM.png


It's the Coindesk Bitcoin price index, a chart which is usually more conservative than Coinmarketcap. During the last 2 hours, Bitcoin rose from $8,650 to $9,200.

I really hope you bought that popcorn I was telling about on Friday.


I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.


Dragos Roua


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huge pump that was but double bottom might be possible

wow thank for this post i didn't watch the market
think i that can be great time for really short term positions now

It may also has to do with the new Bitcoin Misery Index showing clear signs of purchase time.
https://www.forbes.com/sites/chuckjones/2018/03/10/the-bitcoin-misery-index-bmi-is-flashing-a-buy-signal/#6d05ec426a22

@dragosroua, sorry I am low carb at the moment but my gum is ever present!!

three words chickens, eggs, hatch. Seems like someone is trying to pump BTC for a bit to cover their losses.

the bitcoin is something incredible, its behavior never ceases to surprise, it can be several months up and down in the same range of values and from there upload to return to beat its own record, this movie we saw it in 2017
Thank you very much dear friend @dragosroua for sharing this good news
I wish you a beautiful Sunday

May the dead cat jump???

Apparently, yes :))

I definitely took advantage of the prices this weekend and bought some BTC. I also added to my alt collection and increased my steem power with the Steem I purchased. It's nice to see BTC reclaimed the 9K mark and alts seem to be recovering as well from where they were when I was online yesterday, even if just a little bit.

Good recovery indeed!....hope it continues...very volatile though...

I have no idea why this is happening (although I have quite a few theories - all of them speculation, obviously

Funny enough your speculations have proven accurate moat of the times ...you really doing a good job.

I really hope you bought that popcorn I was telling about on Friday.

Hahahaha...What popcorn???

Just profit and gain in few minutes people will enjoy than droping alot.

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