The instigator of this wave of Bitcoin prices is none other than Fang Hong.
Just dry pulls and deadlifts.
In short, money is king, and I won’t make sense to you at all.
Moreover, Fang Hong also asked his trading team to carry out activities during the night market, which caused overseas funds to speculate. In short, this matter had nothing to do with K God.
At that time, players in the currency circle thought that the market should be over, right?
On the next day, May 16, Bitcoin once again broke through the cognition of all currency players, and once again staged an epic short squeeze, which made domestic and foreign currency players feel numb.
On this day, the price of Bitcoin skyrocketed from US$14.3 per coin to a record high of US$24.6 per coin. The intraday increase surged by +72.02%, and the market value of Bitcoin also climbed to a height of US$516 million.
It finally closed at $22.3, up +55.94% on the day.
…
On May 17, the market trend of Bitcoin showed a trend of long and short divergence. It first fluctuated and fell to 18.9 US dollars per coin, a decrease of -15.25%. Then it rose again in the night trading, and has been pulled up to 23.9 US dollars per coin, an increase of
It expanded to +7.17%. When players in the currency circle thought that it was going to hit a new historical high, its trend fell back after rising, and finally closed at US$21.7 per coin.
Bitcoin closed down -2.69% on the day.
Nowadays, most players in the currency circle are just watching the excitement. The price has risen so sharply that they are scared to watch.
Today's trend gave onlookers the impression of a fierce long-short game, but in fact it was just "line drawing" by Fang Hong's trading team. 90% of the trading volume of chips changing hands during the day was his control.
The data generated by the disk team through T+0.
There are also some people who can't resist the temptation and want to come in and speculate. There are players both at home and abroad.
As the clouds closed today, players in the currency circle said: It’s time to die, right?
…
On May 18, the price of Bitcoin continued to rise and once again hit a record high. The intraday price reached a maximum of 26.9 US dollars per coin, with the largest intraday increase of +23.96%. The market value of Bitcoin soared to 565 million US dollars.
It finally closed at the price of 25.6 US dollars, rising sharply again by +17.61% that day, which made players in the currency circle kneel down.
This wave of Bitcoin prices started from US$0.6. In just over a month, it reached today’s price of US$26.9. The cumulative increase reached an astonishing 4388.33%, an increase of 43 times.
The crazy explosion has also begun to attract people outside the currency circle to cast a surprised look at this digital currency variety.
It is worth mentioning that when Bitcoin has followed this trend, Fang Hong knows that it has deviated from the trend in the previous life, because the price at this time in the previous life was still below 7 US dollars, and he also knows that this is all due to his intervention.
.
But it’s not a big problem. No matter what you do, it won’t change the overall trend of Bitcoin in the next ten years.
Moreover, it just depends on how you go up and how you come down. It also allows players in the currency circle to experience the excitement in advance and witness what the game of the brave is.
…
After the early morning of May 19th.
The trend of Bitcoin has entered the next trading day, and the current players in the currency circle, whether domestic or foreign players, are already very excited.
I don’t know why, I don’t know what happened, but Bitcoin is skyrocketing, and it is short-selling and skyrocketing every day.
At this moment, the late-night group chat in a certain cryptocurrency exchange group was extremely heated, and within a short time there were messages of 99+.
[Bitcoin is rising again, damn it!]
[$28, a new high.]
[Do you want to sell it? I sold it for 9,000 dollars on May 14th. The cost price is now 6 dollars. Every time I look at the market, I can’t help but want to sell it, but I’m afraid it will go out of stock.]
[????]
[Wori, what did you say? The cost of $6?]
[How can you hold it?]
[Niubi, he called me and ran away the next day.]
[This is a huge wave of meat. It has doubled three and a half times in five days. Damn it!]
[Your cost is $6, and mine is $26. We both have a bright future.]
[You dare to chase a 26-knife book, you are a warrior!]
[Others are fearful and I am greedy.]
[Go, go, go, I want to lose all my money.jpg]
[Calm down, brother, it’s really possible to lose everything in one day.]
[It’s so outrageous. I can’t understand this trend, but I’m shocked.]
[It feels like I’m trying to win over stupid people. Are there so many stupid people these days? I’m really not afraid of death!]
[It’s booming, it’s booming again, it’s a new high of $32, holy shit, shit!]
[It’s already 36 US dollars, hahaha, 40 points. It’s really exciting and exciting!]
[Short squeeze! Short squeeze! Short squeeze!]
[I can’t bear it anymore, Madam, just do it and die!]
…
Exchange groups in major currency circles were in a frenzy in the middle of the night. At the same time, the price of Bitcoin rose to the highest price today, reaching US$37.9 per coin. The largest increase in the day reached 48.05%, and finally closed at US$35.9.
/coin, the intraday increase was +40.23%.
Bitcoin also hit a new high in trading throughout the day today, reaching $7.19 million.
Both the domestic and foreign currency circles are in a state of excitement, and the carnival continues.
As Bitcoin has skyrocketed like crazy recently, its total market value reached a peak of US$796 million. In the afternoon of local time in North America, mainstream media in Europe and the United States such as Forbes also began to report news related to the skyrocketing Bitcoin.
This also brought more speculators into the market, and also attracted the attention of some hackers and aroused their strong interest.
Fang Hong probably did not expect that his secret trading of Bitcoin to launch this epic market rally would attract hackers and lay the groundwork for the hacking incident that will break out on the Mt. Gox trading platform next month.
At the same time, the recent surge in Bitcoin has attracted a rapid increase in attention in the investment circle. Fang Hong’s Weibo has seen many comments discussing Bitcoin.
The recent epic short-squeeze surge of this digital currency has made many domestic currency players, including some onlookers, think of K-God’s acquisition of Bitcoin a few months ago.
After another surge of 40 points today, his Weibo comment area also contained a large number of messages about Bitcoin.
[@K3478, God K, Bitcoin has skyrocketed!]
[I have to say that God K is a god of prediction. He was planning Bitcoin a few months ago, but unfortunately he didn't take it. In a rage, it all went to the floor.]
[It’s not easy to see God K selling his clothes for the first time, haha!]
[If it weren’t for some hoarding, this wave of K gods would have made another huge profit.]
[Looking at the price of Bitcoin at US$35.9, God K cried and fainted in the toilet, slapping his thigh directly... (covering his face and crying.jpg)]
[I think it’s those merchants who were suffocated by God K. They cried in the toilet and their thighs were smashed. After being suffocated by God K, they must have cut their flesh at the bottom. Looking at the current price of Bitcoin, they probably want to die.
.]
[That’s right, no matter how hard K-God is, even when he was killing those merchants who were hoarding money, the money he spent on acquiring Bitcoin was less than 1% of his total worth at the time, let alone now.]
[There is nothing wrong with this. Selling away Bitcoins does not affect the speed of making money for K God at all. No, a trip to the international foreign exchange market made a profit of 1.27 billion U.S. dollars, which is directly higher than the current Bitcoin price.
The total market capitalization is US$474 million.]
