Bitcoin Sees 2.5% Price Pump On Binance at a Certain Time Everyday. Get More Details - Today's Gazette - Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News
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Today's Gazette – Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News

Bitcoin Sees 2.5% Price Pump On Binance at a Certain Time Everyday. Get More Details

Bitcoin

Bitcoin

Bitcoin Sees 2.5% Price Pump On Binance at a Certain Time Everyday. Get More Details

  • Bitcoin (BTC) sees 2.5% price rise on Binance everyday
  • Once Bitcoin claims a Box, it does not go down again

Bitcoin (BTC) market trend since the start of the week has been wowing and jaw-dropping. What more could be used to describe the tremendous pattern maintained by the king of cryptocurrency. In a rapid progression, Bitcoin moved past $6,300, $6,400, and $6,500 in the last 30 hours and analysts have opined that the cryptocurrency is now witnessing buying pressure in the market.

In line with the decentralized nature of the industry, the price of digital currencies varies from one exchange to another. Recently, it was noticed that Bitcoin (BTC) traded outrageously on Bitfinex with over $300 price ahead of other major exchanges, and this resulted into the exclusion of Bitcoin prices provided by the exchange on CoinMarketCap.

Also Read: Bitcoin News: Any Link Between BTC Price And Trump’s Threat To Fully Close US-Mexico Border?

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However, a CNBC counter trader, Jacob Canfield, after a short-time surveillance of Bitcoin’s trend on Binance exchange, revealed that about 2.5% is added to the value of the cryptocurrency on the exchange at a particular time everyday.

Telegram

Jacob announced that the price pump takes at 8pm (Daily opens) everyday, after a previous statement where he erroneously said it takes place at 7pm.

Jacob, with an analytical graph segmented by 2.5% price spacing, stated that once Bitcoin (BTC) clinches a higher box at the specified time, it remains resistant to any downward force that can drag down into a lower box.

In response, a twitterati, Frankie Figz, said he completely agrees with the assertion made by the CNBC trader. He said he has also managed to detect the same event.

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Also Read: Pompliano Says Large Governments Already Acquired Bitcoin (BTC) As Price Crosses $6,300

Figz added that around 11pm Eastern Time, a tremendous upward or downward movement is also witnessed.

I am a lifetime Entrepreneur, Contributor @Thrive Global, @Oracle Times, @Coin Gape. Khalid Lawal is a lover of Blockchain technology and a junior analyst. • Hopes to be a venture capitalist one day. 

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