Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
I think it was because of the news that China governments and regulatrary agency has shut down mining activities. Many traders and investors see this a good news and since this is going to lower supply they believe that it is time to invest because price is going to surge. 
Topic: What causes the sudden surge of market? - page 3. (Read 529 times)
Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
This can be like a pump price and there is a possibility of a dump. But seeing the enthusiasm of the crypto users, I am very sure that this can be maintained, now we are starting a new level and such restrictions are quite difficult to influence. yes, although everything can happen, but this situation is worth taking as much as possible. Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever.
which market?bitcoin? the catalyst was the undervalued nature of the price itself. when something is offered at a discount in the market while the price is kept low with manipulation and fear it will eventually break out and shoot up. add to that the fact that market is pretty small still, and you see that a small FOMO buy can shoot the price up.
altcoins? that is what they do, they get pumped and dumped every day so that we as traders can make profit on the bitcoins we have.
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News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun?
news sites publish all kinds of crap, don't take them seriously. the only thing that matters for the market is the market itself. so start by looking at charts, the volume,... and see that there was no such thing in the market not to mention that 20k bitcoin is smaller than the daily volume! 
It could be whales or institution, but it's likely whales as institution would make prior announcement before doing such.
We only guess and cannot what really causes it, the only certain now is the huge buy order, knowing who made that is impossible.
But, I would not make things complicated, this isn't new anymore in the crypto space, we called it surprises and that makes crypto very unpredictable.
We only guess and cannot what really causes it, the only certain now is the huge buy order, knowing who made that is impossible.
But, I would not make things complicated, this isn't new anymore in the crypto space, we called it surprises and that makes crypto very unpredictable.
I have read in some of my chat groups regarding those types of transactions. They also say that it's only a person or probably someone who has a lot of money and needs to cash in somehow some way and he/she made it happened. The conclusion that caused the jump. I have searched it in Google but can't seem to find the news about it.
When there is bad news surrounding China and Bitcoin, it surges up. It's a weird thing. The most recent report is the mining farm thing.
https://www.wired.com/story/china-says-bitcoin-wasteful-wants-ban-mining/
When there is bad news surrounding China and Bitcoin, it surges up. It's a weird thing. The most recent report is the mining farm thing.
https://www.wired.com/story/china-says-bitcoin-wasteful-wants-ban-mining/
Personally I am not agree with you OP. If you expect bitcoin price growth with a rapid speed or instant then I think its obviously a day dream. Without monitoring positive side it will not be a wise thing to be concern about its recent price bump. Bitcoin have already struggled a lot with its price build up pace. Isn't it look like a big change on your eyes that just in last 7 days its growth rate is more than 65% where 1 weak earlier 1 bitcoin was nearly 3200$. As a bitcoin holder i think its better to hold strong price zone rather than decreasing and bitcoin recent price is showing that very strongly IMO.
I have seen so many crypto news providers who always try to catch readers attention by giving hot news where many of those news got no authentic source.
I have seen so many crypto news providers who always try to catch readers attention by giving hot news where many of those news got no authentic source.
Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
Are you watching all the news related to bitcoin price bump or not. There are various information has been shared which is good for bitcoib to go heights. For example, high amount of circulation and over than miners banned in China which can give more demand and healthy for bitcoin finally price prediction tweets and press release by crypto legends.
These all will pull up to see the bull run in the market again.
Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
Can you provide the link of that news? Just believe on the news that are from credible source. I haven't received any specific news that states the main reason of bull run in previous weeks; all of them are just factors such as partnerships between the largest smartphone company wih crypto, adoption of banks in Blockchain, and etc. 
Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
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