Topic: Whos pumping bitcoin now? - page 7. (Read 6736 times)
Before i was shock to see that the price is increasing but right now its just a normal price pump i told you that it will be the same as last year before or after november we will experience a price pump or price increase that was happening right now and i think 700 value will happen this coming month.
China pumps, others try to follow. It's a normal market movement, if it will stop qt 780$, then it will go sideways and
correct for a couple of months, followed by a new slow uptrend and a rally.
If it will break resistance at 790$, then a top of about 1300$ is possible, followed by a 40% correction.
correct for a couple of months, followed by a new slow uptrend and a rally.
If it will break resistance at 790$, then a top of about 1300$ is possible, followed by a 40% correction.
Me, but to much resistance at 690, will try again tomorrow.
I don't believe it has much to do with pump and dump groups this time. In my opinion it's more about natural growth with bitcoin's fundamentals and technicals looking good. Bitcoin makes for a great investment nowadays, and after the halving more and more people started to realize this. Baby steps!
I want to believe it is a natural growth but it is just too fast paced to be a natural growth. Anyway, if this continues, people will start dumping again for a quick profit and everything will go back to where it started, hopefully not below 600.
I don't think bigger dump will happen.
A price range of 675 to 680 could become the new support level before trying to break the 700.
The growth of the last weeks and months are looking really healthy imo. We move up, correct and repeat it again and again.
@ OP
What role does it play who is behind the run? It could just be the market.
I don't think there is some special kind of agenda or group behind that upwards movement.
Ok maybe it's China! China!China!
I don't believe it has much to do with pump and dump groups this time. In my opinion it's more about natural growth with bitcoin's fundamentals and technicals looking good. Bitcoin makes for a great investment nowadays, and after the halving more and more people started to realize this. Baby steps!
I want to believe it is a natural growth but it is just too fast paced to be a natural growth. Anyway, if this continues, people will start dumping again for a quick profit and everything will go back to where it started, hopefully not below 600.
Too hard and rapid for me to be a natural growth. No, for me that's just a market effect, a lot of people that wake with the same idea of buying some bitcoins today.
I too think its not natural growth, Some groups are trying to pump the bitcoin or they desperately needed bitcoin for some operations. This sudden rise because of some group from china buying more and more bitcoins, I really wonder who they are and why they need so much bitcoins, which had pumped the rate by $100 within 2 days.
I hope there will be a little fall back in price after they achieved their bitcoin mark(requirement)
I don't believe it has much to do with pump and dump groups this time. In my opinion it's more about natural growth with bitcoin's fundamentals and technicals looking good. Bitcoin makes for a great investment nowadays, and after the halving more and more people started to realize this. Baby steps!
Too hard and rapid for me to be a natural growth. No, for me that's just a market effect, a lot of people that wake with the same idea of buying some bitcoins today.
Why does bitcoin price seems to pump around this time of the year?
Probably because it happened last year, and the year before it as well. And in that regard people will just assume it will happen again, which you seem to think as well. As result you will see people anticipating on a likely break-out in the price by starting with buying up some "last minute" coins, in order to be ready to sell when the price really rockets up.
Right now all pieces seem to fall in the right places. Sentiment is good, people seem to believe that the price will increase further, Segwit that might get activated this year, overall demand has increased a bit, etc. All these things combined make the market behave like it is doing right now.
I don't believe it has much to do with pump and dump groups this time. In my opinion it's more about natural growth with bitcoins' fundamentals and technicals looking good. Bitcoin makes for a great investment nowadays, and after the halving more and more people started to realize this.
Natural growth? Well i don't hear that thing but all i believe that bitcoin is based on demands, and for this event happening i think the growing adoption make the demands of bitcoin go increase and so for that the price stretch to the fullest thats why we can see some price uptrend for now, but this rally would be stopped if some bad news will spread, but since the price are going up we must grab it so we can enjoy the earning of this coin.
I don't believe it has much to do with pump and dump groups this time. In my opinion it's more about natural growth with bitcoin's fundamentals and technicals looking good. Bitcoin makes for a great investment nowadays, and after the halving more and more people started to realize this. Baby steps!
There was alwways some pumps. Now, some group pumped it (because it can't be legit, too fast) and because it seems to stay, people are now entering in the game and making the money of the pumpers.
Before I sleep last night the price was just below 660, and now it is above 680. It even hit 690 at one point. It this a legit price increase or is it just a pump for the holiday? Why does bitcoin price seems to pump around this time of the year?
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