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Author Topic: Cause of bitcoin price pump!!!  (Read 12656 times)

Offline Blue_sea

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Re: Cause of bitcoin price pump!!!
« Reply #15 on: February 08, 2021, 06:15:00 PM »
When we were in 2020,think that bitcoin will pump and it will reach in $20000 that was our expectation but now we it will never down to $20000. We get the confidence form bitcoin power. Now people have crypto currency contentiousness  that is the main power to pump bitcoin price.

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Re: Cause of bitcoin price pump!!!
« Reply #15 on: February 08, 2021, 06:15:00 PM »

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Offline legend45

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Re: Cause of bitcoin price pump!!!
« Reply #16 on: February 08, 2021, 10:02:21 PM »
When we were in 2020,think that bitcoin will pump and it will reach in $20000 that was our expectation but now we it will never down to $20000. We get the confidence form bitcoin power. Now people have crypto currency contentiousness  that is the main power to pump bitcoin price.

Yes, I see bitcoin has high demand and many companies already invested in bitcoin now. Many people also invested and trade in bitcoin , It is good sign for bitcoin and bitcoin has been predicted will hit new ATH

Offline bayiajaib

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Re: Cause of bitcoin price pump!!!
« Reply #17 on: February 08, 2021, 10:32:38 PM »
When we were in 2020,think that bitcoin will pump and it will reach in $20000 that was our expectation but now we it will never down to $20000. We get the confidence form bitcoin power. Now people have crypto currency contentiousness  that is the main power to pump bitcoin price.

Yes, I see bitcoin has high demand and many companies already invested in bitcoin now. Many people also invested and trade in bitcoin , It is good sign for bitcoin and bitcoin has been predicted will hit new ATH

I think You're right. Many companies already invested band support bitcoin.. It is the reason.why bitcoin high demand now. I believe bitcoin will touch new ATH again.. Many investors have predicted about it. No worries

Offline Quantum X

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Re: Cause of bitcoin price pump!!!
« Reply #18 on: February 08, 2021, 11:06:49 PM »
For the past few months now bitcoin have been pumping and I don't know the reason behind the pump pls I will like to know the possible reason behinde bitcoin pump and will it still continue to pump or we should expect a retrace or a dump!!!
Pandemic! That's the actual way why institutions and retailers keep on coming to invest in digital world and bitcoin is the top choice of these people.That is why if the correction comes after this bull it will not be the same as the last bull run of 2017.

Offline ALTdetectoR

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Re: Cause of bitcoin price pump!!!
« Reply #19 on: February 09, 2021, 12:20:15 AM »
there is no reason for the price of bitcoin to rise high, because it is time for bitcoin to go up high after three years of going down very deeply.
now is the right time to invest in bitcoin and wait until the price gets really high.
don't be disappointed not to buy when the price is still cheap

Offline Tunir Baap

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Re: Cause of bitcoin price pump!!!
« Reply #20 on: February 09, 2021, 04:32:53 AM »
It is not important to know the reason why the price of bitcoin is increasing but it is very important to us than bitcoin price is pumping.Since Bitcoin is the most popular cryptocurrency, its price increase is a normal thing. Maybe now investors are investing more and more in Bitcoin so maybe the price of Bitcoin is constantly rising pumping.
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Offline Jaguar

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Re: Cause of bitcoin price pump!!!
« Reply #21 on: February 09, 2021, 07:11:56 AM »
If I'm not mistaken the demands and use case of Bitcoin is the reason why the price now is pumping. Maybe in just 2 days the price will touch $50000. Bitcoin is good to hold and will touch the moon. 

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Re: Cause of bitcoin price pump!!!
« Reply #21 on: February 09, 2021, 07:11:56 AM »


Offline gurunanakji777

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Re: Cause of bitcoin price pump!!!
« Reply #22 on: February 09, 2021, 12:50:03 PM »
The bull run does not stop yet for Bitcoin even yesterday I read the article Elon Musk invested 1.5 billion dollars in the BTC that is also one of the reason even we have noticed from several days Elon talking about Btc and Doge in its twitter ac and this also triggers the market in my opinion rest BTC has huge potential to grow. As we all know Elon is a big player and his words about BTC works like a miracle for BTC.

Offline indexx

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Re: Cause of bitcoin price pump!!!
« Reply #23 on: February 09, 2021, 01:04:36 PM »
I don't think so. price may increase one reason is because of good news. This is what I think will greatly affect the price. And indeed it will indirectly change market conditions immediately.
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Offline arnold dudicove

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Re: Cause of bitcoin price pump!!!
« Reply #24 on: February 09, 2021, 02:49:06 PM »
When we were in 2020,think that bitcoin will pump and it will reach in $20000 that was our expectation but now we it will never down to $20000. We get the confidence form bitcoin power. Now people have crypto currency contentiousness  that is the main power to pump bitcoin price.

I observe that bitcoin's popularity is increasing. The development of enthusiasts is also increasing. So naturally, the price is always relatively high. I predict the price may not be below $ 30K ...
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Offline Zixr

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Re: Cause of bitcoin price pump!!!
« Reply #25 on: February 09, 2021, 02:55:03 PM »
For the past few months now bitcoin have been pumping and I don't know the reason behind the pump pls I will like to know the possible reason behinde bitcoin pump and will it still continue to pump or we should expect a retrace or a dump!!!
If we go back a few days, we can see that the price of Bitcoin has gone up a lot.Where the price of Bitcoin rose to the highest level.The big one did a pumping.But then again Bitcoin is doing a big kind of dumping.Where the price of Bitcoin came down a lot.But it will be seen if we can analyze the recent cryptocurrency market again Bitcoin prices have started pumping again.Where everyone expects the price of Bitcoin to exceed $50,000.
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Re: Cause of bitcoin price pump!!!
« Reply #26 on: February 09, 2021, 03:03:19 PM »
One of the main reasons is that mass adoption has grown which has resulted in many Bitcoin consumers. We have seen in the news that there are more and more people are declaring to join Bitcoin investment therefore it is not surprising that the Bitcoin market is growing.

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Re: Cause of bitcoin price pump!!!
« Reply #27 on: February 09, 2021, 03:31:40 PM »
When we were in 2020,think that bitcoin will pump and it will reach in $20000 that was our expectation but now we it will never down to $20000. We get the confidence form bitcoin power. Now people have crypto currency contentiousness  that is the main power to pump bitcoin price.

I observe that bitcoin's popularity is increasing. The development of enthusiasts is also increasing. So naturally, the price is always relatively high. I predict the price may not be below $ 30K ...

Yes , I think the bitcoin popularity is increasing now. It is good sign for crypto world.Many Investors, companies, artists already bought bitcoin and invested in bitcoin. Bitcoin has high demand now. It will increase again.Lets see

Offline Monster5

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Re: Cause of bitcoin price pump!!!
« Reply #28 on: February 09, 2021, 03:44:06 PM »
Currently Bitcoin Price has pumped a lot of type. The Bitcoin price in the market has exceeded $46250 dollars. Everyone expects the price of Bitcoin to exceed $50,000 dollar in a day or two. And everyone is hopeful that in a few days the price of Bitcoin will reach $75,000 dollar.

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Re: Cause of bitcoin price pump!!!
« Reply #29 on: February 09, 2021, 06:01:30 PM »
I think the main reason for Bitcoin price to pump is the increase of investors in its markets. Elon Musk is the one who influences other investors to push the price of Bitcoin, when he changed his Twitter status to "Bitcoin" some other people did the same and invest large amounts in BTC as well.

 

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