Topic: Bitcoin rises very fast! - page 7. (Read 995 times)
That's very good, I got a lot of profit from the pump, but with price of bitcoin going too high, I will need more money to collect more bitcoin, what do you think the best way to get more btc besides buying it?
Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.
Maybe it's because of positive news coming out about crypto recently, cryptocurrency/blockchain tech being adapted and tested by some financial institutions, cryptocurrency development, and a lot more caused the steady growth of the market. I agree that even with the FUD and recent attack on binance and tether issue did not even affect the market with a big impact.
The growth of bitcoin is not as fast as compared to the recent bull-market, but the current growth of bitcoin is more realistic and I think it more sustainable compared when it rises in a fast-pace.
FOMO paired with market manipulation and hype from different people. It wouldn't be possible to rise this fast if April 1st didn't happen, as it was the primary driver of all things bullish right now. Most moolah is also pouring in from altcoins to bitcoin at a crazy rate, as evidenced by lousy trading volumes for the altcoin market. Right now, it's just people afraid to miss out an opportunity to make some handsome profits, but it could always be more than that and we will never know.
Bitcoin continues to lead the market dominance with a higher percentage than we formerly have it's currently 58.0% according to the data from the popular coinmarketcap. This shows the level of trust people have on the bitcoin than any other coin in market. This will continue until the bitcoin upward movement stabilizes, after which we can have a fresh breath for altcoins.
Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.
Yeah, It seem's like the FUD didn't get into the Bitcoin investors this time.Maybe we are just immune to those negative news and didn't really care too much right now .
Most of us are now watching as the price continue to slowly climb up.
Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.
For me its not that fast compare to how fast it go up before it reach its ATH at almost $20k, I dont really know the reason what is the cause of this price increase on crypto right now and I also dont care Because Im not relying on every news because I dont really care about the current price right now wether it go up or down I will not sell my part even its just a little because I trust it.
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..
Jump to: