On this day, *October 6, 2015*, this happened in crypto:
*Bitcoin pumped to a 2-month high:*
- $BTC hit *$247.57* — its highest price since August 18, 2015
- It opened the day at $240.56 and jumped from $243.01 to $246.15 in just 15 minutes around 14:00 UTC
- For most of 2015, BTC was stuck in the $230 range, so this was a big move
*Why did it happen?*
The pump came right after the news that *Gemini exchange* (by the Winklevoss twins) would open its order book for trading on October 8th.
Traders at that time were saying if $245 holds as support, BTC could test $300 — and it did, later that month BTC crossed $300.
It was the early recovery phase after the 2014 bear market crash.
#bitcoin #BinanceSquareFamily #BinanceSquareTalks #BTC #freesignal
*Bitcoin pumped to a 2-month high:*
- $BTC hit *$247.57* — its highest price since August 18, 2015
- It opened the day at $240.56 and jumped from $243.01 to $246.15 in just 15 minutes around 14:00 UTC
- For most of 2015, BTC was stuck in the $230 range, so this was a big move
*Why did it happen?*
The pump came right after the news that *Gemini exchange* (by the Winklevoss twins) would open its order book for trading on October 8th.
Traders at that time were saying if $245 holds as support, BTC could test $300 — and it did, later that month BTC crossed $300.
It was the early recovery phase after the 2014 bear market crash.
#bitcoin #BinanceSquareFamily #BinanceSquareTalks #BTC #freesignal
