Happy to say that Bitcoin price again Pumping

[mlawson71]

I am not seeing any pumping? It's above 30k but that is hardly pumping, in my opinion.

[CryptoStar19]

I am not seeing any pumping? It's above 30k but that is hardly pumping, in my opinion.

Agreed. If we are in the 40s next week, then 50s with a week or two after that... that would be a pump, otherwise for the time being we have been and are currently going sideways. But yes with the volatility of bitcoin, going sideways is composed of many short-term "pumps" and "dumps".

[Prime]

If the tweet comes from Elon Musk again, I will not consider it as good news because he can make it good and bad news at the same time. He is also not consistent, sometimes he is supporting but sometimes she makes BTC down easily. He is saying what he wants to say at that time and may be changing again another time and more.

[Irfan12@]

It is sad to say that the current state of the crypto market is very bad.The prices of all cryptocurrencies are now down. As the price of Bitcoin has fallen, so has the value of all currencies We are hopeful that the price of Bitcoin will return to its previous position.Bitcoin is the best of all cryptocurrencies so if the price of Bitcoin goes up the price of all currencies will go up.

[CryptoStar19]

It is sad to say that the current state of the crypto market is very bad.The prices of all cryptocurrencies are now down. As the price of Bitcoin has fallen, so has the value of all currencies We are hopeful that the price of Bitcoin will return to its previous position.Bitcoin is the best of all cryptocurrencies so if the price of Bitcoin goes up the price of all currencies will go up.

Bitcoin is the safe haven asset within the crypto space: in order for the crypto market in general and altcoins to rally, bitcoin's market needs to be healthy. These days everyone is watching bitcoin as the market has become a bit fearful of investing and we need to see a stability in bitcoin's growth before we can see further money flowing into the space fueling a renewed rally / bull market.

[RSRS]

I agree with you Based on Elon Musk's words, the price of Bitcoin has been seen falling and rising Negative tweets about all other coins, not just bitcoins, show that the coins are growing rapidly.In the same way, if you make a negative comment, the price will go down as fast.

[Dora Walletinvestor]

I am not seeing any pumping? It's above 30k but that is hardly pumping, in my opinion.

It has been some time since Musk has made that tweet, and unfortunately bad news have been born since then that made the price dump further. Plus Tesla's potential future acceptance of Bitcoin was tied to a condition - Bitcoin needs to be more environmentally friendly for Tesla to accept it.

[Freemind]

Bitcoin is not pumping now, they are simply trying to steer it away from the most dangerous resistance areas to try and create a new one, but it is difficult to know if they will be successful, the bears at any time can start selling large amounts to lower the price. And about Elon Musk... Who does Elon think he is to impose conditions?. Bitcoin doesn't need Tesla at all.

[Limabd]

The good news is that Bitcoin prices are rising again. Bitcoin price fluctuations are a nature of this currency. This is because Bitcoin is one of the most important currencies. But there is another reason behind the price increase, famous businessman Ellen Musk tweeted that Tesla has accepted bitcoin transactions, which is why the price of bitcoin has started to pump. The version is also running again. So it can be said that the price of Bitcoin will increase further in the future.

[CryptoStar19]

The good news is that Bitcoin prices are rising again. Bitcoin price fluctuations are a nature of this currency. This is because Bitcoin is one of the most important currencies. But there is another reason behind the price increase, famous businessman Ellen Musk tweeted that Tesla has accepted bitcoin transactions, which is why the price of bitcoin has started to pump. The version is also running again. So it can be said that the price of Bitcoin will increase further in the future.

Bitcoin has been range-bound for a while now (between 30k and 40k, in the lower 5k of that range as of late actually). From here we would need to break into the 40s and stay there in order to say that bitcoin's price is on the rise again.

[shadowdio]

Elon Musk is a certified crypto manipulator every tweets about bitcoin there will be effect whether to increase or decrease the price.. depends what he tweets.. Elon is a good source that we can make money, if he tweets good about bitcoin then we should buy and make profit shortly.

[Freemind]

Elon Musk is a certified crypto manipulator every tweets about bitcoin there will be effect whether to increase or decrease the price.. depends what he tweets.. Elon is a good source that we can make money, if he tweets good about bitcoin then we should buy and make profit shortly.

I would not use what Elon Musk says in his tweets to invest. You have the proofs in Bitcoin and Doge. It is true that Elon and Tesla caused the value of Bitcoin to rise, but shortly thereafter they caused that value to go down with their "impositions" on the amount of energy used to mine Bitcoin. Elon kept talking about Doge when the little dog got to his ATH and people kept buying, I don't think those "investors" are very happy at this point. I can't trust what Elon says.

[Terrasin]

Currently, Bitcoin consumes 34589 dollar of electricity per year. Bitcoinis a measurement that tracks a unit of energy equal to outputting one trillion watts for one hour—and it's used to track the annual energy consumption of entire countries.

[Stuart]

Because of FOMO, that is why it affect the price of btc in one way of the other. Majority of the big whales of the crypto world has not really affected the price of btc in any speech or public speaking, due to the popularity and wealthy nature of these people, they move the market with just speech. We all know Elon Musk to be among the top wealthy men around the world, so, whatever he says about a product will have the public speaking. Because we don't know if the price of the asset which he talks about might move for the favour of everybody or a FUD generated to hype the asset and later dump which affects all at the end.
Now, the price of btc is around the $34,500+-, with all hands on desk, we wish for the recovering of the market.

[Bounty Star]

Pumping and Dumping Too are very common in the cryptocurrency market. But it true, Full market depends on BTC price. Sometimes we see, If BTC pumps, whole market pump. If BTC dump, whole market dump.
So BTC pumping is a good signal for crypto markets.