Topic: Real Reason Why Bitcoin Price Shot Up Today - page 5. (Read 1992 times)
I doubt China is a major factor in the price rise. Such news of acceptance rejections keeps on coming and nothing major happens. The $1k drop because of the news of quantum computers, gave a good opportunity to the whales to manipulate the market and earn profits. After the drop, majority were playing shorts and they all got liquidated. I think it is just that.
No one knows what will the exact reason why bitcoin triggered in a sudden pumped up, it might be this is having coincidence to China's president announcement or whales are been tired of manipulated the market. Or just a normal pump up because as I noticed when there is a drastically downfall price it will also have an opposite reaction like surge upward the price in the market. However, I have doubt that we are now heading to the next halving and I guess this is what we are waiting for.
it has nothing to do with anything and doesn't really require any kind of reason whatsoever.
it is a simple recovery that because bitcoin was undervalue it happened in a fast and big manner within a very short time. have you forgotten how the price shoot up happened this year when price first broke $4k levels? that is being repeated today once again!
I think just mentioned the reason why bitcoin recently got pumped to $10.000 even though it went down again a little bit (likely a price adjustment). It can be also because of China, as always, even though IMO China could be a threat to Bitcoin in the future (from the latest update - hasten blockchain adoption).it is a simple recovery that because bitcoin was undervalue it happened in a fast and big manner within a very short time. have you forgotten how the price shoot up happened this year when price first broke $4k levels? that is being repeated today once again!
I'm not really interested with the reason behind any pump or dump, I'm more interested in how people react whenever Bitcoin moves either up or down.
Bitcoin was in its area of value, yesterday when I noticed that we were at $7500 I bought everything I had available in Bitcoin because that was the lowest price I estimated we would reach.
Just look at the charts, you will see how easy it is to understand where the market is going to move by doing TA.
China has not had any influence on the price of Bitcoin since the beginning of 2018.
Just look at the charts, you will see how easy it is to understand where the market is going to move by doing TA.
China has not had any influence on the price of Bitcoin since the beginning of 2018.
The real reason why bitcoin price shot up today may have nothing to do with China's president announcement that they may reserve the blockchain and crypto exchange ban. Read this article about the real reason and let me know what you think.
https://www.cryptozink.io/real-reason-why-bitcoin-price-shot-up-today-china-crypto-news/
https://www.cryptozink.io/real-reason-why-bitcoin-price-shot-up-today-china-crypto-news/
It just happened that bitcoin is much popular than other currency. Its development and growth is much noticeable rather than other cryptos. It's sudden raise in volume on Bakkt is because of its demand. It is still invincible and nothing can put the bitcoin down. It is the most efficient when it comes to trading. It's just easy as that.
I do think that China's news acted as some kind of fuel for the current surge in price, but what do you think about sudden raise in trading volume on Bakkt? They had stable 2 digits volume and in one day boom 1000 BTC volume. Don't you think the big boys started accumulating through the regularized exchange futures exchange and now they are pumping up the price?
it has nothing to do with anything and doesn't really require any kind of reason whatsoever.
it is a simple recovery that because bitcoin was undervalue it happened in a fast and big manner within a very short time. have you forgotten how the price shoot up happened this year when price first broke $4k levels? that is being repeated today once again!
it is a simple recovery that because bitcoin was undervalue it happened in a fast and big manner within a very short time. have you forgotten how the price shoot up happened this year when price first broke $4k levels? that is being repeated today once again!
The real reason why bitcoin price shot up today may have nothing to do with China's president announcement that they may reserve the blockchain and crypto exchange ban. Read this article about the real reason and let me know what you think.
https://www.cryptozink.io/real-reason-why-bitcoin-price-shot-up-today-china-crypto-news/
Quite possible that we're just having a bubble right now. But we'll still see if it would hover around a little below $10k or it would burst back to somewhere $8k. We're all just speculating the reason's why and the news regarding China may also be possible, but more unlikely than the article's author point of view. I still wish it would just go sideways and does not dip back down, we might see another great time for bitcoin. https://www.cryptozink.io/real-reason-why-bitcoin-price-shot-up-today-china-crypto-news/
The real reason why bitcoin price shot up today may have nothing to do with China's president announcement that they may reserve the blockchain and crypto exchange ban. Read this article about the real reason and let me know what you think.
https://www.cryptozink.io/real-reason-why-bitcoin-price-shot-up-today-china-crypto-news/
https://www.cryptozink.io/real-reason-why-bitcoin-price-shot-up-today-china-crypto-news/
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