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Topic: What are the real reasons of recent BTC rally? - page 4. (Read 598 times)

sr. member
Activity: 2506
Merit: 368
Bitcoin reward halving in this year.I think bitcoin pump is simple. If you follow last years pump few pump was without reasons.Also there is one more reason iran and usa war.but we will see more pump next few months.     
That reason about the conflict of US and Iran is already done and the only thing I could think of the pump is they were trying to hype it. But it doesn't seem to go down after that, it might be people are starting to buy and accumulate as much as they want because they are preparing for the Bitcoin halving effect yet that would take effect next year.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
Bitcoin reward halving in this year.I think bitcoin pump is simple. If you follow last years pump few pump was without reasons.Also there is one more reason iran and usa war.but we will see more pump next few months.     
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
My opinion is because the demand for bitcoin increased slightly so that this increase also occurred at the beginning of this month and there was a big pump yesterday but it still did not side with bitcoin and only on other coins.
I think there is no reason whatsoever about the rise in the price of bitcoin because it is very fluctuating so it cannot be confirmed and only positive predictions.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
~snip~
But I want to hear from the senior members what can be the reasons for increasing the Bitcoin price? How the market sentiment is working now? Will it increase more?
Okay, let assume that I have a crystal ball to speculate the bitcoin price and know what the possible cause of hitting up in the bitcoin price.
Sorry, but all of this is just speculation and there's no accurate answer regarding this matter.

1] Probably just because of the recent war between Iran and the USA, market stocks were affected and had become mass adoption of crypto.
2] the price of bitcoin goes up just because it is going up, nothing less.
3] Accumulation and getting ready for the upcoming next halving.
4] If I know, maybe I am the reachest man on earth.
5] unpredictable
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
Altcoins have also soared!
I've definitely noticed that, since I have some Dash that more than tripled in value since I acquired it.  I was shocked to see that happen, to say the least.

Also, I think it's awesome that the WSJ is reporting on crypto.  I'm pretty sure it's not the first instance of it happening, but I always smile inside when I read threads like this that mention mainstream media coverage of bitcoin.

As far as the "why" behind the rally, I don't think anyone can really pin it down.  People were saying that it was the US-Iran situation when we saw the first little bump, but that situation settled down and bitcoin continued to rise.  Probably the only thing anyone could really point to is the upcoming halving, but nobody can really say that for sure.  Anyway, it doesn't matter to me all that much why these things happen.  I'm just glad bitcoin is starting off the year on a high note.  It's good to see.
full member
Activity: 218
Merit: 105
The Nomad
Because supply and demand. And stop asking about what's going to happen with it's price because obviously no one knows.
jr. member
Activity: 183
Merit: 2
Bitcoin is up about 22% in the first 15 days of 2020, notching its best start-of-year surge since 2012, The Wall Street Journal first reported. We expect institutional interest to drive prices higher throughout the year. Altcoins have also soared!

But I want to hear from the senior members what can be the reasons for increasing the Bitcoin price? How the market sentiment is working now? Will it increase more?
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