#BTC What's going on? Is this a short squeeze? Why is it suddenly rising? Isn't there a rumor that Wu Jihan sold off his Bitcoin holdings accumulated over many years, causing panic across the industry? The biggest Bitcoin evangelist on Wall Street in the US tweeted the day before yesterday, hinting that Bitcoin might be discounted. The price of the coin is rising tonight. Is this to trigger a squeeze on retail traders who shorted a few days ago? Experts, please explain in the comments.
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#BTC What's going on? Is this a short squeeze? Why is it suddenly rising? Isn't there a rumor that Wu Jihan sold off his Bitcoin holdings accumulated over many years, causing panic across the industry? The biggest Bitcoin evangelist on Wall Street in the US tweeted the day before yesterday, hinting that Bitcoin might be discounted. The price of the coin is rising tonight. Is this to trigger a squeeze on retail traders who shorted a few days ago? Experts, please explain in the comments.