Short sellers got fooled / ショーターやられる
Bitcoin price raised big from the beginning of the month and now is around $5000.
Why pumped? It is said because the trading algorithm caught the signal to buy BTC from the fake news for April Fool that reported BTC ETF has been approved by SEC. And also the short covering happened which the short sellers had to loss-cut their positions. Then the market exploded with the significant volume.
What a story!!
It is also said Bitmex, the largest exchange for leverage traders, had total of USD500M to liquidate the short positions.
Hard to say that the bear is over but I hope we can find the evidence of the trend change shortly.
日本語／Japanese
月初からBitcoinが暴騰し現在も55万円前後を推移していますが、原因はエイプリルフールのフェイクニュースでBitcoin ETFが承認されたという記事に反応して、自動トレードのアルゴリズムが大きな買いを入れた結果、空売りのショートカバーが入ってロスカットされたのも相まってボリュームを伴った大相場になったそうです。
ほんとかいな！？と思ってしまう冗談のようなストーリーでした。
100倍トレードができるBitmexという取引所だけでも500億円（11万BTC!!）の空売りの強制決済があったそうです。
そんなことが背景にあるのでこれからも相場が大きく上に振れるかわかりませんが、雰囲気がよくなるといいですね。
ひええええ。。でもおもしろい話題 :) ちょうど今日調べものがてらこのグラフはなんじゃこりゃと思っていて勉強になりました。今後戻るのかな、でも吹き飛んだものはもう戻らないのかしら。
来年のエイプリルフール前に仕込んでもよいかもしれませんね。
Posted using Partiko iOS
フェイクニュースにやられたトレーダー達が今どういうポジションをとるのか気になります(笑)
Posted using Partiko Android
Congratulations @glastar! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Hi, @glastar!
You just got a 10.36% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
Magic Dice has rewarded your post with a 80% upvote. Thanks for playing Magic Dice.
Hi @glastar!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 2.850 which ranks you at #12517 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 216 contributions, your post is ranked at #98.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server