Did the Bitcoin Blast Off Arise from an April Fool’s Day Prank?

[Mr.T]

yes BTC price going up it wil like april fool

[bit858585]

i think no, it must go back then

[Johnny Smith]

I don't think so, but i was really surprised seeing this surge on April Fools so mb we can have another one and reach 6k?! 

[Loka77]

The cryptocurrency market is still nascent. Analysts believe that the looming regulations and challenges may have tamed the prices to slump into a prolonged crypto winter. However, crypto spring seems to have arrived in style with a bitcoin blast off that saw the crypto surge by up to 20% within minutes.

In the early morning hours of April 2, Bitcoin saw its largest positive surge in price for more than four months. The most popular crypto climbed to a 2019 all-time high of $5100 registered on BitMex. The rapid price increase saw BTC reach the November 2018 prices. Also, the whole market cap followed suit and surged by at least $20 billion.

The Pranks

The unexpected takeoff led to many analysts wondering what could have caused it. Some think it is just the normal technical analysis that prompted more buyers to enter the market. However, others believe that the bitcoin blast off took place due to a fools’ day prank. There was a publication circulated on April 1st.

During April fool’s day, the news stated that the SEC had approved the Bitcoin ETF. The decision about this matter has been pending for almost a year now and it would represent good news for the markets potentially resulting in price spikes. The SEC story, sadly, was fake news and was just an April fool’s day joke. https://www.financemagnates.com/cryptocurrency/news/sec-drops-the-bomb-approves-bitcoin-etfs-markets-skyrocket/ [nofollow]



Another possible reason for the bitcoin blast off could be the news that Warren Buffet, the American business magnate, was diversifying into Bitcoin. Nonetheless, that was old news that also appeared on April fool’s day, making it fake news too. In the real world, Buffet most recently described BTC as being “a delusion, basically.”

The magnate has also previously called the most popular digital currency a “rat poison squared”.  Thus, it would be a positive injection to the markets if Buffet flipped to the BTC side and become a maximalist for the digital currency. But, that is all fake news.

https://www.cryptovibes.com/crypto-news/did-the-bitcoin-blast-off-arise-from-an-april-fools-day-prank/ [nofollow]

Do you think this is a coincidence?

[Malyaa]

yes, it looks like this month there was an explosion in crypto price increases, especially at bitcoin prices, because seeing the development of current bitcoin prices has also been much more developed than last month.

[Sudarmono]

it is true that the crypto world I think is just beginning, and many regulations that make prices fall and now is the time to rise.

[alfatih99]

it's true and I see that in 2019 this is the spring for bitcoin, and it will experience an increase like 2017, and this is what many holders are waiting for.

[MUGNIA]

The cryptocurrency market is still nascent. Analysts believe that the looming regulations and challenges may have tamed the prices to slump into a prolonged crypto winter. However, crypto spring seems to have arrived in style with a bitcoin blast off that saw the crypto surge by up to 20% within minutes.

In the early morning hours of April 2, Bitcoin saw its largest positive surge in price for more than four months. The most popular crypto climbed to a 2019 all-time high of $5100 registered on BitMex. The rapid price increase saw BTC reach the November 2018 prices. Also, the whole market cap followed suit and surged by at least $20 billion.

The Pranks

The unexpected takeoff led to many analysts wondering what could have caused it. Some think it is just the normal technical analysis that prompted more buyers to enter the market. However, others believe that the bitcoin blast off took place due to a fools’ day prank. There was a publication circulated on April 1st.

During April fool’s day, the news stated that the SEC had approved the Bitcoin ETF. The decision about this matter has been pending for almost a year now and it would represent good news for the markets potentially resulting in price spikes. The SEC story, sadly, was fake news and was just an April fool’s day joke. https://www.financemagnates.com/cryptocurrency/news/sec-drops-the-bomb-approves-bitcoin-etfs-markets-skyrocket/



Another possible reason for the bitcoin blast off could be the news that Warren Buffet, the American business magnate, was diversifying into Bitcoin. Nonetheless, that was old news that also appeared on April fool’s day, making it fake news too. In the real world, Buffet most recently described BTC as being “a delusion, basically.”

The magnate has also previously called the most popular digital currency a “rat poison squared”.  Thus, it would be a positive injection to the markets if Buffet flipped to the BTC side and become a maximalist for the digital currency. But, that is all fake news.

https://www.cryptovibes.com/crypto-news/did-the-bitcoin-blast-off-arise-from-an-april-fools-day-prank/

Do you think this is a coincidence?

I think this is a coincidence, during April MOP, at the same time BTC experienced a price increase, hopefully the price of BTC continued to rise

[Richa99]

the beginning of April was a very good start for the increase in the price of bitcoin, but I still strongly believe that the price of bitcoin will continue to rise after this.

[Sudarmono]

I think also like that, that spring will recover soon for other bitcoin and crypto, and the price of bitcoin will be increasingly developed with technological advances.

[Alcor]

I also remember that a good growth of Bitcoin and the cryptocurrency market in general began precisely after the first of April. I do not think that everything began with good jokes about the growth of cryptocurrency and people began to buy bitcoins in large quantities. In any case, I do not know such examples. Although this possibility is not excluded. After all, good and bad news greatly affect the price of cryptocurrency. Then someone joked very well. Most likely, there were a lot of such jokers.

[damsix]

Bitcoin is linked to Warren Buffet and he stated that Bitcoin is a "Delusion" . LOL
It's better if he just keeps quiet, don't take care of Bitcoin, if Bitcoin is indeed an illusion why is the circulation of Bitcoin attracted by many people? LOL

[Noverteno]

Yes, by a strange coincidence, Bitcoin began to grow well in price since April 1. Maybe someone successfully joked and the joke was a success. It turns out, after all, the cryptocurrency is very susceptible to news factors. Moreover, in this case, they were positive, but they can also be negative.

[vegasus]

Sometimes, I also realy feel cruiosu what will happen in April mop the fool day. Well, but right now, we have passed it and we are sure that the Bitcoin is really recoverying, now the price is highly increasing nad reach more than $9.3k. It is very great, isn't it? It is real, not April fool.

[Senin]

Most likely, it was a coincidence. But, nevertheless, it was the first of April this year that Bitcoin began to grow in price. Since then, it rises, periodically leaving for the correction of its price. Well, perhaps someone’s good joke was a success and this served as a catalyst for price increases. Already hard to say.