$BICO ROSE WHEN IT SHOULD HAVE FALLEN!

Bico was added to the watchlist about 20 minutes ago. This means that the coin will be monitored more closely in the coming period. If it is determined that the coin is not supported by a development team or community, or if it is being used maliciously, it will be delisted.

Here’s the issue: normally, a coin facing this situation should drop, but $BICO first formed a bearish candle and then immediately rebounded and rose.

This news caught those who had shorted the coin off guard. Those who opened short positions based on expectations may also be targeted, so we could see further gains for a while.

DYOR!