Bitcoin rose on Thursday. The recovery from the previous session continued. Opportunistic buying and positive signals from Wall Street had an impact. A broad-based recovery has begun in the battered cryptocurrency sector.
The mass liquidation of overly crowded short positions also played a role in Bitcoin's rebound. Short bets against the cryptocurrency were caught off guard by the sudden price increase.#DeepCreationCamp
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Bitcoin rose on Thursday. The recovery from the previous session continued. Opportunistic buying and positive signals from Wall Street had an impact. A broad-based recovery has begun in the battered cryptocurrency sector.
The mass liquidation of overly crowded short positions also played a role in Bitcoin's rebound. Short bets against the cryptocurrency were caught off guard by the sudden price increase.#DeepCreationCamp