$Bitcoin (BTC.CC)$ Beware of bullish traps! Note the following points: 1. The afternoon trading volume of 24,000 and turnover of 2.28 billion are not sufficient to cause such a price surge. 2. The price spike occurred after the US stock market closed and before the Asian session began, when liquidity was low—just a relatively small amount of capital manipulation (mainly using derivatives to leverage small funds for larger impact) could drive prices up significantly. 3. Near-institutional large players are the ones who favor this kind of action. For reference only; it does not constitute any investment advice.
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