The Middle East has been under a lot of stress in the last few days, so not only has the price of bitcoin increased, it has led to an increase in the price of gold and oil. However, starting yesterday, the situation seemed to be easing, Irac and the US seemed to be gradually finding a common voice, which led to the price of bitcoin and gold begin to decline.
We have had a good start to 2020, hoping that the market will have better development in 2020.
Topic: Why bitrcoin is going up - page 3. (Read 690 times)
I have 3 things in my mind about this rising price again
1. The current situation between Iran and US, with the price of oil rising, everything goes up, so as crypto as it can be use for funding by the government and other people may also be preparing for the worse,
2. We may be witnessing the second bull run, it is what we are waiting for right, just dont be get too excited ofcourse.
3. Whales might be doing something , or maybe they are trying to rally the price and then dump it, like always.
But no matter what is the cause you should be very careful on what we are going to do next , always keep in mind what happen before but, if you feel this is the time don't hesitate we might be witnessing something more better this time.
These all could be factors in the reason the price has risen but I'm hoping the price is rising because of natural causes and normal growth instead of unknown variables which cause inflation. The last overly inflated hike made its way up to around $20,000 then the bubble popped, deflating more the 75% of it's price. Even today the market price is still in recovery slowly correcting itself from that 2017 bubble. I hope the price continues to slowly rise at a steady incline for a more natural Bull run. 1. The current situation between Iran and US, with the price of oil rising, everything goes up, so as crypto as it can be use for funding by the government and other people may also be preparing for the worse,
2. We may be witnessing the second bull run, it is what we are waiting for right, just dont be get too excited ofcourse.
3. Whales might be doing something , or maybe they are trying to rally the price and then dump it, like always.
But no matter what is the cause you should be very careful on what we are going to do next , always keep in mind what happen before but, if you feel this is the time don't hesitate we might be witnessing something more better this time.
Its a great opportunity indeed. Whatever the reasons that make the price goes up its all about market movement. We are all expecting price rise this year and maybe this is the time. Its our prerogative to sell our bitcoin or hold it. Most likely its a great time to sell to gain or profit for a little. Otherwise hold and wait for another period of price rise again.
no one knows for sure the reason for the rise in bitcoin, ups and downs in prices is common in trading, I prefer to rely on technical analysis rather than news, maybe bitcoin will go down to swing the price, but on the daily chart bitcoin is still showing an upward trend, it's better to do your own research than to rely on other people's predictions.
Well, we don't know what might happen, all we know is that the price can go up and can go down. Other predictions can be a good thing since you can base your prediction with theirs.
There could be different reasons why the prices are increasing but as for me, no matter what the reasons are, it's good to see that the market is recovering. Different events have a huge impact on investors so it also affects their way of making decisions. It's still better to hold and have patience until the prices get even better.
It is wise to monitor the market if there is excessive volatility. We are greedy. We always wait to sale at higher even though we are in good profit. But I think numerous positions will help greatly. And if you sale at profit, you will get chance to re-enter in price correction phase.
Perhaps many investors feel that the war between the United States and Iran has led to an economic impact and they choose bitcoin as a good haven asset for their assets, this is my mind, there is a small part of it. can be priced by the big forces in the market.
Whatever the cause of the rising bitcoin price is beneficial for those who own bitcoin.
All internal factors influence the occurrence of demand and supply in the market.
The most important thing is to sell bitcoin when you make a profit, because the opportunity does not come many times.
All internal factors influence the occurrence of demand and supply in the market.
The most important thing is to sell bitcoin when you make a profit, because the opportunity does not come many times.
I assume there are individuals who take advantage of the situation between Iran and the US. With the US attack on Iran yesterday giving rise to a lot of sentiment towards Iran's and the world economic markets, this also has an impact on the bitcoin market. Maybe the whales are making sentiments that can make a lot of people afraid of their assets and then move to bitcoin, well this is just a provocation from a group of whales.
1. We may be witnessing the second bull run, it is what we are waiting for right, just dont be get too excited ofcourse.
3. Whales might be doing something , or maybe they are trying to rally the price and then dump it, like always.
This two are the most close why bitcoin price increasing now maybe this is because of the bitcoin halving effect or whales now manipulating the price of bitcoin to trap some investors. Because the price of bitcoin usually increase two or one month before halving ends. This is just only based on behavior of bitcoin on the past bitcoin halving
I was also shocked by the increase in bitcoin to $ 8400, in my opinion which caused bitcoin to suddenly increase market manipulation
conducted by whales. Try to provoke FOMO and later the price will be dumped suddenly. Then from that we should not be lured into
buying bitcoin for now, it's better to monitor the market for a few days. Here our patience as investors will be tested, lest we don't make
a wrong decision. I suggest holding bitcoin first we have, and if anyone wants to buy bitcoin it should be postponed first.
conducted by whales. Try to provoke FOMO and later the price will be dumped suddenly. Then from that we should not be lured into
buying bitcoin for now, it's better to monitor the market for a few days. Here our patience as investors will be tested, lest we don't make
a wrong decision. I suggest holding bitcoin first we have, and if anyone wants to buy bitcoin it should be postponed first.
I think it's purely because of US-IRAN escalations because there are many sanctions over Iran and crypto is the easiest way for them to do funding to their proxies as Iran has always used it's proxies to fight for them, but if it's true then bitcoin is being used as a tool for inflicting more violence. I don't think this is a manipulation from whales it might be a second bull run as well.
Don’t hesitate to sell your bitcoin to save your profit, there are so many reasons to consider and I also think whales are using the world news to pump bitcoin and right now dump it harder again, easy profit for them. There’s no war yet but the price increases is very timely, always watch your holdings and don’t be afraid to sell if its needed.
Why do you recommend in selling Bitcoin?
Are you dumb! There is nothing to panic, it is a small pump and is common with Bitcoin afterall it is one of the most volatile crypto.
No matter what keep hodling you Bitcoin this year, Bitcoins halving is on the way and a small Bull run too. The price of Bitcoin is still below $10k. Till that time keep hodling.
Selling bitcoins for each profit you get is really helpful too I saw and I've been with many people who are trading like this, scalping and selling for even small profit and those small profits compounds and it gets bigger. I don't see anything bad at recommending to sell bitcoin for profit at all.
so as crypto as it can be use for funding by the government and other people may also be preparing for the worse,
if that was the case the the bitcoin price rise wouldn't have been a couple of percentages, instead it should have been at least 200% rise.Quote
2. We may be witnessing the second bull run, it is what we are waiting for right, just dont be get too excited ofcourse.
actually we have been witnessing the bull run for at least a year now. for the past year price went up more than 330% and the final price at the end of the year was still 140% above the start of the year. that is called "bull market".Quote
3. Whales might be doing something , or maybe they are trying to rally the price and then dump it, like always.
since bitcoin market is not that small and bitcoin is not some pump and dump shitcoin that whales could easily manipulate, i'd say this is not it. 1. The current situation between Iran and US, with the price of oil rising, everything goes up, so as crypto as it can be use for funding by the government and other people may also be preparing for the worse,
Maybe it is affected, as we see that the people of iran are preparing for the worst might happen so they are also preparing to secure their funds if their fiat price will lost its value. I like what they did because they know that cryptocurrency is the best option for saving their money and they do it without hesitation.
3. Whales might be doing something , or maybe they are trying to rally the price and then dump it, like always.
Although it is always happening but we can't actually say it much because there are newbies still gathering to know more about crypto and want to make profit on it, but if this is what they planned then we should not let our guard down and prepare also for worst.
The price of Bitcoin is already beginning to fall, went correction after a sharp increase. Given how the previous few months the price of Bitcoin changed from 400 to 1000 dollars for a couple of days, I would not be surprised if we see again 7000 dollars for Bitcoin in a few days.
still a question mark why Bitcoin can rise? many people think this is a bull trap but for me it is not important because with seeing the growth in the price of Bitcoin now have is makes Bitcoin holders happy. maybe there are several factors that make the price of Bitcoin go up and we still don't know about that factor. hopefully in the middle of this year there will be a big surprise from Bitcoin.
I don't know what caused the recent rise in bitcoin prices, maybe because of several factors happening now that bitcoin can go up like this.
obviously I am glad to see this increase means we will pass the price of $ 10k soon and we will enter a period of increasingly green market growth.
Could the whale be doing something so that the price of bitcoin could be controlled and the whale could make a big profit.
obviously I am glad to see this increase means we will pass the price of $ 10k soon and we will enter a period of increasingly green market growth.
Could the whale be doing something so that the price of bitcoin could be controlled and the whale could make a big profit.
I'm not a fundamentalist so I do not care about news, I only rely my decisions on the chart. The reason why the.price of bitcoin is now going up is simply the buyers overwhelmed the sellers, it is the data that I got from my analysis. The bitcoin surpass its previous resistance and then there is a breakout that happen that cause the price to increase. I always cringed if I read about the war that causes the price bitcoin to increase, it is not like that for me.
Don’t hesitate to sell your bitcoin to save your profit, there are so many reasons to consider and I also think whales are using the world news to pump bitcoin and right now dump it harder again, easy profit for them. There’s no war yet but the price increases is very timely, always watch your holdings and don’t be afraid to sell if its needed.
Why do you recommend in selling Bitcoin?
Are you dumb! There is nothing to panic, it is a small pump and is common with Bitcoin afterall it is one of the most volatile crypto.
No matter what keep hodling you Bitcoin this year, Bitcoins halving is on the way and a small Bull run too. The price of Bitcoin is still below $10k. Till that time keep hodling.
But this is just my opinion I think their are so many things that are affecting the market price of bitcoin but if you are not aiming for a long term investment I suggest to sell your bitcoin if you already getting enough profit in it.
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