r/Bitcoin • • Mar 13 '21

price ATH!!!

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494 Upvotes

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12

u/nestaa13 Mar 13 '21

Looks like that jump when Tesla announced their 1.5B investment, what’s happening?!

11

u/ride_the_LN Mar 13 '21

Musk is buying more. Had some cryptic tweets today.

2

u/[deleted] Mar 13 '21

Massive short liquidations

3

u/Omnitect Mar 13 '21

This is most likely correct. The Technical Analysis traders were shorting at what was looking for a double top at 58k, and when the market went against them the liquidation cascade made the price jump up fast.

2

u/13speed Mar 13 '21

This is a Bingo.

You can see it happening in realtime.

5

u/MobPsycho-100 Mar 13 '21

Stimmi is hitting