Right now the price of Bitcoin rose up by 5% , what is the reason dont know but it is up by 150 points, Can anyone tell what will be the reason as i am not seeing any positive news which is affecting it, or else is it a bull trap to make peoples to buy and then market dumps more.
5% hike is not that much therfor you cant say that it is a bull trap because a real trap is something that the value rose too much in just a matter of short time and then it falls down again after a day or two . the reason for this increse is people are buying in a small percentage .
Now bitcoin price only 3400$ + only so its downtime. Bitcoin and crypto market down last one year and also altcoin down like as eth,waves,other coin. But i don't understand why people sell bitcoin low price than bitcoin market down ??
They sell because they need cash or they maybe afraid because they think that the value can go down more evenly . you should not question them anyway because thats their life not yours . just let them sell because they were the ones that will regret soon .