Topic: What is the reason for the increase in the price of Bitcoin? - page 2. (Read 647 times)
I think the price increase that is happening right now is a positive sentiment in the market, there is news that the world's big companies are buying bitcoin in large quantities and this can be seen from transactions on the blockchain, of course this is promising news for the future of bitcoin and we will see big surprises which will start from April.
The basis of bitcoin can rise is a decentralized system working effectively, the price is determined in the market based on stock and demand, and when demand continues to increase, the price will automatically continue to rise, and this March there is still 3 days to be able to penetrate the limits Previously it was considered difficult, which could reach $ 30K.
It is very difficult to know exactly what factors make the increase in the price of bitcoin. The rise and fall of bitcoin prices is influenced by many factors. Therefore, there is no one specific reason for the increase in the bitcoin price.
Bitcoin started an upward trend when the US Silicon Valley Bank was rumored that going to bankrupt. After spreading the news of Silicon Valley Bank bankruptcy Bitcoin suddenly showed a glimpse of a major bullish trend when negative comments came about other banks as well. Bitcoin stopped at $19000 to $28000. But at present this situation prevails. Moreover, since the results of the Fed have been positive, the crypto market is also in a good position till today.On the other hand it means bitcoin gets more centralized on the hands of few investors, what isn't good for the long term sustainability of the currency's price.
I think the price of Bitcoin is influenced by many factors, including demand and supply in the market. Like the adoption of Bitcoin by large companies, wallets and exchanges can increase demand, which in turn can drive up prices. In addition, other factors such as positive or negative news about Bitcoin, government policies towards cryptocurrencies, and unforeseen events such as pandemics can affect the price of Bitcoin.
However, it is important to remember that the price of Bitcoin is very volatile and can fluctuate a lot in a short period of time. Prices can rise and fall quickly and dramatically, sometimes due to market factors, and sometimes for no apparent reason. Therefore, it is important to understand the investment risks associated with cryptocurrencies such as Bitcoin and carry out adequate research before making an investment decision.
However, it is important to remember that the price of Bitcoin is very volatile and can fluctuate a lot in a short period of time. Prices can rise and fall quickly and dramatically, sometimes due to market factors, and sometimes for no apparent reason. Therefore, it is important to understand the investment risks associated with cryptocurrencies such as Bitcoin and carry out adequate research before making an investment decision.
It is very difficult to know exactly what factors make the increase in the price of bitcoin. The rise and fall of bitcoin prices is influenced by many factors. Therefore, there is no one specific reason for the increase in the bitcoin price.
Bitcoin started an upward trend when the US Silicon Valley Bank was rumored that going to bankrupt. After spreading the news of Silicon Valley Bank bankruptcy Bitcoin suddenly showed a glimpse of a major bullish trend when negative comments came about other banks as well. Bitcoin stopped at $19000 to $28000. But at present this situation prevails. Moreover, since the results of the Fed have been positive, the crypto market is also in a good position till today.On the other hand it means bitcoin gets more centralized on the hands of few investors, what isn't good for the long term sustainability of the currency's price.
I think the more than 50% increase since this year is a fantastic increase, the start of the year was around $17k and now it's over $27k now, and I think the current increase is the start of a bull run, it doesn't matter if anyone says that this increase is pump for a while because the whales will sell and shake again, but the most important thing is that we get profit.
actually positive and bullish trends are different, usually in a positive trend the price moves up only temporarily and does not increase significantly like the bullish one. there are many factors that cause a positive trend to occur, for example good news or getting closer to bullish. I think the recent increase in price is due to a lot of investors starting to buy because the bullish are getting closer.There must be other factors on why we are seeing an increase lately. It can be related to the USDC issue. Crazy isn't it? The market supposed to crash because the news is negative but it's not the first time it happen. We also have negative news in the past that triggers a pump.
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yes, it's still good if you buy under 30k, if the person has never owned bitcoin before, this is a golden opportunity to save long term. but people who are just entering the crypto world are always reckless or afraid of what will happen if the price of bitcoin goes down making new people discouraged..?But it's not like some secret information, the history of Bitcoin I mean. They can google it, and use their own head to estimate the probabilities of what's going to happen to BTC price in the future. If something was not only recovering after some big crashes, but was always reaching new ATHs, maybe the same thing will happen again, no?
In my opinion, there are several reasons for the recent jump in the price of Bitcoin. One reason is that governments around the world are printing more money to combat the economic impact of the pandemic, and some investors see Bitcoin as a hedge against inflation. In addition, more and more individual investors are buying Bitcoin because they realize its potential as an investment.
Another factor is that while the bear market lasted for a long time and it had a significant effect on the price of bitcoin, at the same time it was not as bad as many people thought it could be.So when people began to see that the price of bitcoin was recovering they immediately took advantage of the low prices thinking that if they did not took action now they may never see bitcoin below 20k again, and taking into account how fast the price of bitcoin increased, it seems to me those investors had a point and we could have left 20k behind for good this time around.
It is very difficult to know exactly what factors make the increase in the price of bitcoin. The rise and fall of bitcoin prices is influenced by many factors. Therefore, there is no one specific reason for the increase in the bitcoin price.
Bitcoin started an upward trend when the US Silicon Valley Bank was rumored that going to bankrupt. After spreading the news of Silicon Valley Bank bankruptcy Bitcoin suddenly showed a glimpse of a major bullish trend when negative comments came about other banks as well. Bitcoin stopped at $19000 to $28000. But at present this situation prevails. Moreover, since the results of the Fed have been positive, the crypto market is also in a good position till today. 
In my opinion, there are several reasons for the recent jump in the price of Bitcoin. One reason is that governments around the world are printing more money to combat the economic impact of the pandemic, and some investors see Bitcoin as a hedge against inflation. In addition, more and more individual investors are buying Bitcoin because they realize its potential as an investment.
It is very difficult to know exactly what factors make the increase in the price of bitcoin. The rise and fall of bitcoin prices is influenced by many factors. Therefore, there is no one specific reason for the increase in the bitcoin price.
I think the more than 50% increase since this year is a fantastic increase, the start of the year was around $17k and now it's over $27k now, and I think the current increase is the start of a bull run, it doesn't matter if anyone says that this increase is pump for a while because the whales will sell and shake again, but the most important thing is that we get profit.
actually positive and bullish trends are different, usually in a positive trend the price moves up only temporarily and does not increase significantly like the bullish one. there are many factors that cause a positive trend to occur, for example good news or getting closer to bullish. I think the recent increase in price is due to a lot of investors starting to buy because the bullish are getting closer. I think the more than 50% increase since this year is a fantastic increase, the start of the year was around $17k and now it's over $27k now, and I think the current increase is the start of a bull run, it doesn't matter if anyone says that this increase is pump for a while because the whales will sell and shake again, but the most important thing is that we get profit.
There will still be more price shocks for Bitcoin and if next month there is another increase from the current price range, it will certainly be a very different outcome which could even be close to the $30K range. For traders, they only think about the profits they can get in conditions like now, but for investors and whales, they will certainly be happier if the increase continues and there are no too large corrections on the sidelines of this increase. 
- some banks failed this month and bitcoin is the only way to store money without banks
I agree. I think this could be the impetus for bitcoin to break $25k-27k in a row. Like a boom, i.e. water bursting banks along with the difficulty of inflation - loss of confidence in government, bank collapse - confidence has dried up. Bitcoin is the spark they expect, everything moves very logically. 
I think the reason for the increase in the price of bitcoin is that the number of companies investing in bitcoin is increasing. Also the price of bitcoin has increased significantly this year which has boosted investors' confidence that bitcoin will see good growth in the future. Also the acceptance of bitcoin as a means of payment has greatly increased commercial organizations have invested hundreds of billions of dollars in its pursuit of financial benefits.
We've got having two source of printing, stablecoins printing their new supplies and the FED as well. These are the two injections that we're having to the market but that doesn't mean that bitcoin is solely reliant on it.
These can't be avoided and it's them, the FED and US government that's deciding on this one. While the impact of it is really being felt by most of us, we're not just abiding with the negativity of it but as well as the beneficial part for bitcoin and the whole crypto market.
It's true that the increase in bitcoin cannot be related to the printing of money that was done by the FED some time ago, I think more about the crash of the FIAT bank which is one of the trusted banks in managing customer money, because that is the factor that causes positive sentiment towards bitcoin for alternative investments for investors, plus the positive sentiment from printing money, it does indirectly affect the price and investor confidence in bitcoin.These can't be avoided and it's them, the FED and US government that's deciding on this one. While the impact of it is really being felt by most of us, we're not just abiding with the negativity of it but as well as the beneficial part for bitcoin and the whole crypto market.
There should have been bad sentiment towards bitcoin since Silvergate crashed but thankfully the impact of that was overshadowed by the SVB bank crash.
I think the more than 50% increase since this year is a fantastic increase, the start of the year was around $17k and now it's over $27k now, and I think the current increase is the start of a bull run, it doesn't matter if anyone says that this increase is pump for a while because the whales will sell and shake again, but the most important thing is that we get profit.
I think the thing that makes bitcoin prices increase is the community that continues to grow, according to reports in many countries stating that active bitcoin users are increasing, in Africa there is an increase of up to thousands of percent so that automatically makes demand increase, even some top exchanges like Binance are also expanding in the African market .
As we know that bitcoin is a cryptocurrency with a decentralized concept, of course the price is very much influenced by market conditions, sometimes prices go up or down, because the more popular bitcoin is being adopted by many large companies to develop, wallet and exchange developers usually store large amounts of bitcoin so that they make demand increases.
You don't seem to be a proponent of predictions. Because on the background of news, events, you can predict the rise or fall of the price, which will allow you to have a more favorable position.
It seems so, because he is just waiting for his wish to come true in Bitcoin without wanting to know what things can have an effect on increasing and decreasing Bitcoin. And I don't think there will be as much confusion as he said when everyone wants to know about the reasons why the price of Bitcoin has decreased and increased, because successful people are not people who just enjoy the atmosphere as it is, but those who are successful are those who continue to think without feeling dizzy with everything they have seen and felt.I would say buy it whenever you want to, do not really wait for excess time but even if you do, just buy it whenever you want to, because it will go up eventually, even above ATH, so it should be fine if you buy it right now or before or later, because in the end you are going to profit from it one way or another.
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