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RE: Curious why Bitcoin just jumped $1,200 in less than an hour?

in #bitcoin7 years ago

Squeeze those greedy mother f'ers!

I've shorted stocks before but I wasn't bold or stupid enough to do so at such strong support levels after they'd already dropped significantly in price. That's just BEGGING for a margin call. I have no sympathy for those whose heads are in this vice of a trade (short squeeze) right now.

Hopefully some JP Morgan traders are getting spanked right now...