The 'Bart Simpson' price pattern was spotted early Wednesday as bitcoin saw a quick rise and fall in a thinly traded market. Check it out on today's Chart of the Day, presented by cryptocom:
Bitcoin saw a quick rise and fall in a thinly traded market Wednesday. BTC price jumped from $39,120 to $41,700 in 30 minutes, only to fall back to $39,000, according to CoinDesk data.
The sudden rise could stem from stop orders on short trades and ran into stronger selling pressure. “All About Bitcoin” host Christine Lee breaks down the latest “Bart Simpson” price pattern and more.
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