BTC prices rise again, is it a flash pump?

[ayatoslaw]

I'm sure there are a lot of people who are following the bitcoin news, and you certainly know that a lot of news says Bitcoin will fall below 3000 USD to be able to rise even higher,
and until now it hasn't happened.
Are BTC price increases now that the signs will fall below 3000 USD?
if so then this increase is a flash pump.
What do you think?

[dashik704]

I think this is another attempt to mow hamsters, because there are no significant events that would begin full growth!

[VK.point]

I'm sure there are a lot of people who are following the bitcoin news, and you certainly know that a lot of news says Bitcoin will fall below 3000 USD to be able to rise even higher,
and until now it hasn't happened.
Are BTC price increases now that the signs will fall below 3000 USD?
if so then this increase is a flash pump.
What do you think?

It seems like this condition often occurs in the past weeks or months. I just observed from the graph movement, when several days went up, then continued to fall dramatically. But if it doesn't and still continues to rise above $ 4500, then this is the beginning of Bull. But I'm not sure this moment will continue to survive in the current conditions. Let's just look at it. Thanks.

[juv3ntus1]

Fro my perspective its just another bull trap,nothing more i believe the cryptomarket don't reach the bottom .Its to early to believe to bear market its over.

[gurunanakji777]

Today I was searching the latest news about btc and came to know about this article: https://cointelegraph.com/news/sec-commissioner-jackson-thinks-regulator-will-approve-btc-etf-leaked-interview-shows
Might be this is the reason of yesterday spike of bitcoin but I am not sure about it and I don't see any other reason of recent rise in market.

[trauchot]

Now the market is constantly being manipulated and sometimes it grows by about 10-15 billions, then it falls by the same 10-15 billions, just a little manipulation happens sometime.

[KYB40]

Today I was searching the latest news about btc and came to know about this article: https://cointelegraph.com/news/sec-commissioner-jackson-thinks-regulator-will-approve-btc-etf-leaked-interview-shows
Might be this is the reason of yesterday spike of bitcoin but I am not sure about it and I don't see any other reason of recent rise in market.

We have had many news like this before but ends up being denied. There are some people, TA pros, who have made the call of a 20% price increase days prior to that little surge.

[trofim21]

I think that bitcoin may fall even lower, since there is no positive news for growth yet, I hope that growth will occur as always when we do not expect it

[masudginanjar]

3400 USD due later on February 9 the price of Bitcoin rose again to the price of 3800 USD, this is a good scheme to take profits.
But the truth is that there are lots of FUDs for Bitcoin, even many people say that Bitcoin will be below the price of 2500. LOL

[Contagem]

I think that the sharp rise in the price of Bitcoin cannot be called the beginning of the rise in prices, because such jumps are in most cases provoked by speculation in the market. When the growth begins, we will all see not a fast, but a steady increase with temporary returns of the price of a few percent.

[Jayde]

I think that this pump is not a flash because it’s still last until today. We all can see some altcoins like LTC, ETH have been increased a lot

[Jacky]

I don't think the rise is for dropping to $3,000. I assume the rise is positive move from BTC, and it has a chance to survive the rise longer than before. I really hope it won't be the bad signs for severe falling. The baddest dropping has already happened in 2018.

[Loah Morgan]

In a Forbes article by Charles Bovaird, it was mentioned that Bitcoin could experience further gains once it reaches above $4,000, according to sentiment data and analysis.

Very recently, some analysts from JP Morgan has predicted that Bitcoin might fall as low as $1,260 and banking or financial institutions might not benefit from blockchain for 3 to 5 years as the true value of cryptos is not proved according to them.

Even though Bitcoin has been experiencing frequent fluctuations, many crypto enthusiasts believe that Bitcoin will soar up as per the different predictions by the experts. Bitcoin will reach up to $20,000 by the mid of 2019. The more the trading, the more the price. Moreover, as we know, Bitcoins are scarce in circulation, i.e. there can be only 21 million Bitcoins mined, out of which 17 million has been mined already, which means only 4 million to be mined, which will make its value more.

Last year I bought Verge when it's price was at the peak. I think now it's price has been drastically decreased. It is a good time to convert the cryptos whose price and market cap are low. I am thinking to buy bitcoin with verge for long term benefits. According to Coinswitch, 1 xvg to btc exchange will give 0.000002 BTC which is a good conversion rate.

[mlawson71]

I think time will tell whether it's a flash pump, but I really hope that it is not.

[Ezzi]

I'm sure there are a lot of people who are following the bitcoin news, and you certainly know that a lot of news says Bitcoin will fall below 3000 USD to be able to rise even higher,
and until now it hasn't happened.
Are BTC price increases now that the signs will fall below 3000 USD?
if so then this increase is a flash pump.
What do you think?

I think this is a small blitzkrieg,which will not be particularly successful, prices are unstable ,it seems to me that they still fall down