Topic: What's going on with BTC? - page 6. (Read 2273 times)
Yesterday the price fell low to $10000 and once again it rallied back reaching above $10000. Similar to the price move today there was good increase in price from the value around $9800 reaching a bigger value above $10100. Soon in a very short time period the market experienced a big blow falling low to $9400. There is nothing specific about the market crash, I believe this as the effect of large volume of fund in large volume getting moved within wallets. Probably this gets recovered within days and if it isn't showing signs of growth the right choice is to hold.
These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/
Any other explanations as to what's causing this BTC upsurge?
Honestly we can't point out what is the exact reason of Bitcoin current demand and current zone. But we can say some factor those actually related with this such as some big news about crypto, for instance, libra project on behalf of Facebook announcement made huge controversy about Bitcoin and all crypto currency as well. So we can't what's going on and what ought to be. Any other explanations as to what's causing this BTC upsurge?
These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/
Any other explanations as to what's causing this BTC upsurge?
I think only an application will not result in an increase in bitcoin and is a major factor. I think the huge demand for offers and purchases from many people is wrong or the cause and that's the absolute thing. Any other explanations as to what's causing this BTC upsurge?
I think the increase in BTTC has other factors that are bigger and more influential on the increase in bitcoin, I think the published effects cannot fully guarantee that is the real cause of the increase in bitcoin
Nobody can answer this question in my opinion because Cryptocurrency has a global market which means any news around the world could dominate the new trend.
At present, there are many positive news spreading in the market like a wildfire. News such as Facebook's Libra coin, the upcoming halving, US vs China money game etc.. are in trend and dominating the crypto market.
So we can't say whats exactly boosting the bull market. We should just be happy that the long bear market is finally over (though it has been time since the bear market was over).
At present, there are many positive news spreading in the market like a wildfire. News such as Facebook's Libra coin, the upcoming halving, US vs China money game etc.. are in trend and dominating the crypto market.
So we can't say whats exactly boosting the bull market. We should just be happy that the long bear market is finally over (though it has been time since the bear market was over).
In my opinion, the increase in the price of Bitcoin is very simple. That is a high demand from users and bitcoin holders holding strong. I don't think it has anything to do with any application. And maybe this has indeed changed the bull season, and the bear season has gone far. The increase in the price of bitcoin which almost reached $ 9,000 was a very reasonable thing. My prediction is above $ 10k for this year. And I think that is very likely to happen in the near quarter 3 of 2019. There is nothing strange for me right now, it is appropriate for bitcoin to rise to the top, after dropping almost to touch $ 3000.
I also think so, all the factors mentioned cannot possibly be one of the causes of the increase in bitcoin. only requests and offers may be one of the main causes. so I think this is a strong desire from bitcoin buyers and they buy in large quantities resulting in a significant increase. Bitcoin looks not so good when last week could raised above $12k and now drop to $10k and keep down, when bitcoin down almost altcoin allow for lower price have waiting when bitcoin raised up.
Now the situation has stabilized and the last few days the price is within $11k. Interesting what will happen next
Bitcoin looks not so good when last week could raised above $12k and now drop to $10k and keep down, when bitcoin down almost altcoin allow for lower price have waiting when bitcoin raised up.
Now the situation has stabilized and the last few days the price is within $11k. Interesting what will happen next
I think that is a big investor where buying shares from the coin trade, which at any time goes up and down the main cryptocurrency makes bitcoin stronger.
Bitcoin looks not so good when last week could raised above $12k and now drop to $10k and keep down, when bitcoin down almost altcoin allow for lower price have waiting when bitcoin raised up.
Now the situation has stabilized and the last few days the price is within $11k. Interesting what will happen next
Bitcoin experienced a small rally from the last drop, are approaching new yearly highs? Read more in this short technical analysis:
https://coincodex.com/article/3940/bitcoin-price-analysis-btc-surge-restarts-after-rsi-rebounds-at-50/
https://coincodex.com/article/3940/bitcoin-price-analysis-btc-surge-restarts-after-rsi-rebounds-at-50/
Bitcoin looks not so good when last week could raised above $12k and now drop to $10k and keep down, when bitcoin down almost altcoin allow for lower price have waiting when bitcoin raised up.
Bitcoin's price has been increased and I still believe there will be a continuous growth especially in 2019. Bitcoin has more to offer its investors and this is the time to buy.
I agree. There would always have good change in bitcoin and it actually started. The potential of the coin stays and that bring hope that even you invest today, there could gain good profit when time the price get more higher.
in the past few this months bitcoin has experienced a growth that has shocked us all and I don't think it will stop here because the rise in Bitcoin prices will continue. I don't know what cause of that's increase, so the main point for now is to buy a lot of Bitcoin to hold in the following year. don't lose this good opportunity because in my opinion this is the time to invest.
Bitcoin is doing well, it has a positive trend and that's good, but I don't think it will be comparable with 2017, that's too optimistic to me.
The current scenario surrounding the Bitcoin is the best as BTC is flying high though it is coming down for support yet again it is taking the high jump to surprise their lovers.
Bitcoin's price has been increased and I still believe there will be a continuous growth especially in 2019. Bitcoin has more to offer its investors and this is the time to buy.
These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/
Any other explanations as to what's causing this BTC upsurge?
Possibly the institutional investments. It seems like Bitcoin is becoming more stable within the market. The high swing volatility is becoming more predictable. People are going all in but with due diligence this time. Any other explanations as to what's causing this BTC upsurge?
Maybe politicians are buying many bitcoin, and after they are done, they will force the bank to take a positive stands on bitcoin and boom, they are supper rich when it eventually hit the sky. I honestly believe some power men are secretly buying and storing bitcoin.
We don't know that, but I am sure that there is much reason for bitcoin price to increase and we don't know the details.
We should use the increasing of bitcoin price to make our profit because we are a long time without making a profit from bitcoin.
But that could be true because there are so many people with huge money that invest in bitcoin because they want to make a big profit from bitcoin like what we did.
Maybe politicians are buying many bitcoin, and after they are done, they will force the bank to take a positive stands on bitcoin and boom, they are supper rich when it eventually hit the sky. I honestly believe some power men are secretly buying and storing bitcoin.
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