[uncensored-r/Bitcoin] China bitcoin market trading market burst bit currency market finally?
The following post by vicky_hi is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/71orpi The original post's content was as follows:
Get in MARA Bitcoin is currently in the bull market after years of trading sideways
Bitcoin is finally gaining momentum and I predict that it will be at least $11,450 by the morning which will make MARA rocket. MARA is already moving like crazy in after hours. And being that mara moves with bitcoin, expect it to be a play for the whole week. that is if bitcoin keeps its momentum BTC may reach $12,500+ in the very near term.. wont be surprised if we wake up tomorrow morning to an even higher bitcoin price. twitter is pumping like crazy
The ratio of long and short positions has increased violently from 1.34 yesterday to 1.73 today. Bitcoin is still trading above the lower trendline following the critical support level is around $11,200. Which indicates that the market is skeptical about mid-term price increases.
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