I guess the price seems stuck once again, it doesn't going down and its not going up so I think we can say it will eventually stay around here for a while. I do not mean like the exact price, remember just couple weeks ago going back down to 3800 and going up to 4200 was very common, it happened all the time and we were used to it (so was the traders who benefited from it lol ) but than we moved up and it looks like its stuck yet again.
I think just like the similar thing it will find some prices it can range and will move up and down between those prices, lets say 4600 and 5100 for example (numbers are made up). So, I believe it would be futile to expect huge moves from bitcoin for another while I suppose, I mean it could still happen but I feel like it will just go up and down in small prices.
Topic: What triggered the sudden rise in bitcoin price? - page 3. (Read 762 times)
Finally, I could not find a valid reason for the upward trend, and I could not find any news to trigger this rise. Although I came across some news and articles in various sources, unfortunately, I have seen that these contents do not give much information about the details. If we think of a few possibilities of this rise, we can immediately notice the fact that we may have a new carp hunt. Of course, if this is not the case, we can think that new investors enter the market with serious budgets. That is, there is no valid reason for this recent upward fluctuation, but there is no serious retreat.
The lack of valid reasons for the new trend make articles authors write anything justifying why bitcoin is rising so fast. Then there is a lot of weak points and speculation explaining why bitcoin is doing so well now, it doesn't give any idea of what is really happening.
Probably it's just someone or a small group pumping btc and some other people following the trend. At least it's good news to show to the skeptics bitcoin isn't dead.
I don't know if this was true but I read an article about Russians bought an $8.6 Billion worth of bitcoins. It says it is due to sanctions, it's what they say. And also some Russian economist predicted BTC would be $2 million at by the end of the year 2019. Here is the link if you want to read the full article. https://bitcoinist.com/russia-bitcoin-kremlin-economist/?fbclid=IwAR2fQ07QeGPARoy4_4c0PKn4sJ9LdlSnT9CTtTg7Ydszg3zXnxamtw6hjPU
Finally, I could not find a valid reason for the upward trend, and I could not find any news to trigger this rise. Although I came across some news and articles in various sources, unfortunately, I have seen that these contents do not give much information about the details. If we think of a few possibilities of this rise, we can immediately notice the fact that we may have a new carp hunt. Of course, if this is not the case, we can think that new investors enter the market with serious budgets. That is, there is no valid reason for this recent upward fluctuation, but there is no serious retreat.
most likely because there are many investors who adopt bitcoin a lot because it will make a good impact for bitcoin to experience price increases. so in my opinion because of these factors
it's true the problem is from 2017, for example, with the large number of people adopting bitcoin that makes bitcoin experience a really fast price increase
most likely because there are many investors who adopt bitcoin a lot because it will make a good impact for bitcoin to experience price increases. so in my opinion because of these factors
Bitcoin that suddenly rises, it's very easy to guess, in principle I suppose, the price of Bitcoin is the same as you guess the price of apples on the market. Deal between the bid price and the price of demand for Bitcoin on the market. That is, Bitcoin is a homogeneous digital currency.
The answer to your question is: the price of Bitcoin rises depending on the price of the request (the person buying) and the price of the offer (the person who sells). In modern language is supply and demand.
You know what I mean.
The answer to your question is: the price of Bitcoin rises depending on the price of the request (the person buying) and the price of the offer (the person who sells). In modern language is supply and demand.
You know what I mean.
this growth was made in a very short period of time, and there was not any positive news, perhaps a rapid fall may soon follow, all this is very suspicious.
in my opinion the progress of crypto currencies and crypto markets all depends on their own investors and no one can ensure the development of government crypto currencies can also affect the development of the crypto currencyfor crypto growth that is happening right now we don't know the details of what caused this growth. the most important thing is we have to be grateful about what happened to crypto today. the problem is that increasing crypto is very much awaiting us.
this growth was made in a very short period of time, and there was not any positive news, perhaps a rapid fall may soon follow, all this is very suspicious.
in my opinion the progress of crypto currencies and crypto markets all depends on their own investors and no one can ensure the development of government crypto currencies can also affect the development of the crypto currencyfor crypto growth that is happening right now we don't know the details of what caused this growth. the most important thing is we have to be grateful about what happened to crypto today. the problem is that increasing crypto is very much awaiting us.
Just notice my bitcoin in my wallet have increase in value but I can't find any major news after doing some research that must have triggered that price rise then remembered I have an account on BCT-talk. I have not been following up with latest news as my work is eating up most of my time but I have some decent amount of bitcoin and don't want to be left in the dark. Anyone with an idea what triggered the sudden price spike.
It is just like predicting the price for the next couple of days and months, we really dont know when it will happen at the same time the sudden pump might be only made by a couple of whales to wake up the market of some coins without a technical reason.
I have not much of an idea too because we have the same issue about eating a lot of time with work. 
But the number of exchanges are getting higher and that could be one reason. Also, this will be normal as we go near the halving.
Even if we are crawling our way to the future, the addition of investors will affect the value of it.
You might as well just keep your bitcoins and let time do the work.
It will rise. I am sure of it.
But the number of exchanges are getting higher and that could be one reason. Also, this will be normal as we go near the halving.
Even if we are crawling our way to the future, the addition of investors will affect the value of it.
You might as well just keep your bitcoins and let time do the work.
It will rise. I am sure of it.
Just notice my bitcoin in my wallet have increase in value...
Oh this is very good. for that reason bitcoin is a good investment. Imagine that today you invested $ 100,000 and in five years your $ 100,000 would become $ 1 million? Who has a lot of money to invest in this market, also has a better chance of getting much richer than it already was
but I can't find any major news after doing some research that must have triggered that price rise then remembered I have an account on BCT-talk.
why are some people looking to know about the reason for the price increase? it's not possible that the price increases without there being any good news?
Anyone with an idea what triggered the sudden price spike.
I believe it was a lot of demand.
It is still speculating about the 'individual' but it sounds plausible, more curious what the motivation was. New plans with a project? fiat gain ? Time will tell.
With crypto-currencies, everything is not arranged as with traditional assets. Sometimes even important news does not affect the value of coins. And very often there are manipulations in the cryptocurrency market. Despite decentralization, there are large investors who can easily manage the value of tokens.
Just notice my bitcoin in my wallet have increase in value but I can't find any major news after doing some research that must have triggered that price rise then remembered I have an account on BCT-talk. I have not been following up with latest news as my work is eating up most of my time but I have some decent amount of bitcoin and don't want to be left in the dark. Anyone with an idea what triggered the sudden price spike.
There could be a lot of reason. I even heard that the adoption of btc for transport in Ukraine has affected the price. But there were times when there were better developments than that, and the price did not increase. It is important that psychologies think in the same direction. 
It's amazing how much $100M can do to affect a market. That mystery order was able to drive up the price by 20%
Some people are pointing out to technicqas like rewards halving but people have been talking about that before and there wasn't much price movement then so I really think it's that $100M.
Some people are pointing out to technicqas like rewards halving but people have been talking about that before and there wasn't much price movement then so I really think it's that $100M.
SEC ETF approvals may be the main reason for BTC pump and this is the sign of the bull market and we may see bull rally this quarter
The reason for the spikes in the market value of Bitcoin and altcoins is still yet to be a certain, some people are of the believe that the huge transaction that happened in about three exchange (whales) was the major factor that push the market forward why others are of the view that it was rumor around the crypto currency market that affect the price upward.
this growth was made in a very short period of time, and there was not any positive news, perhaps a rapid fall may soon follow, all this is very suspicious.
in my opinion the progress of crypto currencies and crypto markets all depends on their own investors and no one can ensure the development of government crypto currencies can also affect the development of the crypto currency
What triggered the bitcoin price to increase is a good question that puzzles me a lot after all these days.
There is still no evidence of the real reasons that made the price pump. It is said that investors tried to covers some short term positions that made the price pump.
Another rumor said that a Fake article that was published on April's Fools Day made investors believe that the price is going to increase.
There is still no evidence of the real reasons that made the price pump. It is said that investors tried to covers some short term positions that made the price pump.
Another rumor said that a Fake article that was published on April's Fools Day made investors believe that the price is going to increase.
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