Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Abubakar56 on February 03, 2021, 05:57:27 AM
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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!!!
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Well I think the reason for the sudden pump of bitcoin is that more investors got to join the crypto world, day by day more people are getting to know about cryptocurrencies and the benefits of Investing with thereby putting funds to it, I think this is the more reason for the pump of bitcoin and also I think the halving which took part in 2020 has an effect on crypto and this is the outcome.
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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!!!
I think it is a little dishonest from you to claim that you are not aware about bitcoins rise in price in value because for over a month; it was glaring that there were several institutional investors investing in bitcoin; building hype and fomo until the bull run occured. Ofcouse there can be a retrace and a dump; but it doesn;t discredit bitcoin rise in price
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I think the reason is most of the companies are supporting bitcoin and many billionaires are also supporting bitcoin so this could be the reason why bitcoin is going up and other thing is bitcoin halving.
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The main reason for the bitcoin pump in the past months is due to institutional money coming into the space, alot of big companies have started investing in crypto currency and their coin of choice is bitcoin, this is the main reason why bitcoin has has been pumping hard in the couple of months now.
And to answer your second question, yes, we should all expect a major correction soon.
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Bitcoin prices have risen a lot. We do not know the exact reason for this increase. However, at present the price of Bitcoin has gone down a bit again. Actually, we are just seeing the market. But I don't know the exact reason for the rise and fall. If we know the exact reason why the price of Bitcoin rises and falls, then we can know something about the market.
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There are many reasons behind the rise of Bitcoin. It is seen that many big companies have started accepting Bitcoin transactions. And is Bitcoin likely to be halving again by 2024. So it can be said that the price of Bitcoin will definitely pump up a lot.
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I think the reason for the rise in Bitcoin is that it has become too popular with ordinary people. And I refuse to rollback, but if it is not so big.
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The reason why the price of Bitcoin is increasing now is that more and more investors are investing in Bitcoin. Because they understand that Bitcoin is an international currency, so the price of Bitcoin will increase further, so they are buying and holding. The more you invest in a coin, the higher the coin price. I think bitcoin price must increasing in front of.
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The reason why the price of Bitcoin is rising is really a little difficult to analyze. Because No one can say when the value of bitcoin will increase and when the value of bitcoin will decrease. Because no one usually interferes in the control of cryptocurrency.However, one of the reasons for the recent rise in the price of Bitcoin may be the current market demand. In other words, the price of Bitcoin is increasing due to the high demand.
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At present, the price of science has risen again in the cryptocurrency market. The price of bitcoin is rising very fast now. I think the price of bitcoin will exceed 50 thousand dollars in a few days. So everyone has noticed that the price of bitcoin is going to pump again in the market.
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You're right I agree with you Bitcoin prices have started to pump up over the last few months. However, the price of Bitcoin has risen to its highest level today. There are many reasons behind the increase in the price of Bitcoin. The main reason is the growing popularity of Bitcoin. Then the number of Bitcoin investors. Bitcoin prices are rising as demand for bitcoin grows around the world.
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I think the reason is most of the companies are supporting bitcoin and many billionaires are also supporting bitcoin so this could be the reason why bitcoin is going up and other thing is bitcoin halving.
Yes , I agree . I think several companies have supported and invested in bitcoin, I think It is the reason why bitcoin price was pump. I also see several people already invested in bitcoin because pandemic covid 19
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Current Bitcoin prices have risen sharply. They are the only investors working to increase the price of Bitcoin. Bitcoin's price has risen dramatically. The current price of Bitcoin is the highest ever recorded in Bitcoin's life.
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The rapid growth of bitcoin is due not only to investments in it by large institutional investors, but also to a favorable news background. Today the price of bitcoin rose above $44,000 just on rumors of a bitcoin purchase by Tesla.
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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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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
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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
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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.
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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
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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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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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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.
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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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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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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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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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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
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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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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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2021 will be the year of bullrun as many major companies are investing in Bitcoin. The meeting hosted by MicroStrategy will prompt thousands of other companies to think about investing in Bitcoin & crypto. Tesla has also invested 1.5B USD in Bitcoin, which is the trigger for the new bull run.
Perhaps we will talk about crypto winter in 2022.
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I don't expect yet the dump of bitcoin because many big names still supporting bitcoin by tweeting it, so possible this year we can see bitcoin reaching 100k. Currently bitcoin is now $46k, it's still making new all time high. Amazing..
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I don't expect yet the dump of bitcoin because many big names still supporting bitcoin by tweeting it, so possible this year we can see bitcoin reaching 100k. Currently bitcoin is now $46k, it's still making new all time high. Amazing..
Yes, that's true, bitcoin is so popular and I see many big names have supported and invested in bitcoin now. I don't believe bitcoin will dump at the few years again. I believe bitcoin will increase bad touch new ATH
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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!!!
I think there are several factor why bitcoin is pumping now. Elon musk has good effect for bitcoin market. I think several companies already invested in bitcoin too, So bitcoin has high demand now.
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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!!!
Naturally, the price of bitcoin continues to rise. Market demand and the influx of institutional investors are clear triggers. But the condition is not static, the movement of the chart must be watched carefully if we don't want to be missed
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Bitcoin is the king of all coins and it start to pump but this is the start still the bitcoin is just the child and soon it go high i hope in just 3 years the Bitcoin touches the $1 Million.
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I think the reason is that most companies support bitcoin and many billionaires also support bitcoin, so that could be the reason why bitcoin is going up and there is something else about bitcoin.
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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!!!
The price of any coin can rise when the cryptocurrency market It depends on all investors and investors in cryptocurrency.Because the way they run cryptocurrencies is what they are.But one of the reasons behind the recent rise in the price of Bitcoin is Elon Musk.He made a post on his Twitter page about Bitcoin which is why the price of Bitcoin has gone up so much.
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bitcoin stay moon. Bitcoin has lost control. Because the price of bitcoin is being pumped every moment. Hope Bitcoin is much better in the future. Investors are benefiting at every moment. Investors have benefited more in the short term. Because the price of bitcoin is moving towards the moon compared to the last few days. The future of Bitcoin is much better.
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As we look at the price of Bitcoin, people are becoming more and more attracted to Bitcoin.Bitcoin prices were much lower a few days ago.But it has risen to a much higher level.Analysis of the cryptocurrency market shows that the price of Bitcoin has exceeded 47,000.There are several reasons behind this increase in prices.One of the reasons is that Elon Musk tweeted about Bitcoin on his Twitter account a few days ago.Which is why the price of Bitcoin has increased so much.
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I think the reason is that most companies support bitcoin and many billionaires also support bitcoin, so that could be the reason why bitcoin is going up and there is something else about bitcoin.
Right. I agree with your opinion. The support of institutions and companies which is stated by the large-scale purchases greatly influenced the increase in the price of bitcoin. Of course, this is the achievement of everyone involved in the internal management of bitcoin ... congratulations ...
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Because the most popular is Bitcoin, with the good news from Bitcoin, the price of altcoins may also increase. this is because Bitcoin has a positive influence on other coins.
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The cryptocurrency market is up and down all the time. Which is why no one can predict with cryptocurrency.It is seen that the price of Bitcoin is increasing a lot lately Even a few days ago, the price of Bitcoin was very low.But again, Bitcoin has risen to more than $ 47,000.What is the reason for such a sudden increase?I think the main reason for the sudden increase is the main reason why Elon Musk tweeted about Bitcoin on his Twitter page.
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I think that there are quite a lot of reasons for bitcoin's rapid growth. Starting with the news about the integration of cryptocurrency into the PayPal payment system and ending with the latest reports about the purchase of bitcoin by Elon Musk. There will be even more good news, because large companies are very interested in investing in bitcoin.
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Elon Musk is the main reason for the increase in the price of Bitcoin.Because we all know that Elon Musk is the richest man in the world.And he invests heavily in cryptocurrencies.A few days ago, Elon Musk made a post about Bitcoin on his Twitter page.Which is why the price of Bitcoin has risen so much.
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Elon Musk is the main reason for the increase in the price of Bitcoin.Because we all know that Elon Musk is the richest man in the world.And he invests heavily in cryptocurrencies.A few days ago, Elon Musk made a post about Bitcoin on his Twitter page.Which is why the price of Bitcoin has risen so much.
Yes, I see. I think Elon musk is the main reason why bitcoin pump now. Other word, Elon musk has bought a big amount of bitcoin . It is a good thing for bitcoin market. Because we all know elon musk is a famous people
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Elon Musk is the main reason for the increase in the price of Bitcoin.Because we all know that Elon Musk is the richest man in the world.And he invests heavily in cryptocurrencies.A few days ago, Elon Musk made a post about Bitcoin on his Twitter page.Which is why the price of Bitcoin has risen so much.
Yes, I see. I think Elon musk is the main reason why bitcoin pump now. Other word, Elon musk has bought a big amount of bitcoin . It is a good thing for bitcoin market. Because we all know elon musk is a famous people
I think the basic factor why bitcoin rising because bitcoin has high demand. Elon musk has bought $ 1.5 billion. It is really great. It will have good effect , But I don't believe it will continue until the middle this year
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Bitcoin prices have been rising for some time now. Naturally, the price of Bitcoin is driving people crazy because the price of Bitcoin has never risen in such a way as it has now. That's why suddenly the price of Bitcoin was about 47,920 dollar. Although the price of a bitcoin is lower now, the chances of a price increase in the future are much higher.
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We have seen that Bitcoin has increased a lot and decreased a little again today. The way the price of Bitcoin started to rise, it seemed that Bitcoin could surpass $50,000 and reach $70,000 in a few days. But instead of staying within 50 thousand dollars, it went down again. However, many have speculated that Bitcoin will pump again and will be within $70,000 by 2021.
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There are some reasons why Bitcoin is increasing so highly only in a limited time and period. The most fundamental reasons is because of the big news tweeted by Elon Musk that Tesla bought Bitcin. ANd the numbers are also very high so that many people expect this to be a very great sign for Bullrun always.
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The phenomenon of skyrocketing Bitcoin prices has also been accompanied by increases in the prices of other cryptocurrencies such as Ethereum (ETH), Ripple (XRP) and Binance Coin (BNB). JP Morgan analyst Nikolaos Panigirtzoglou in an interview with the well-known British media The Guardian on November 17, said that the increase in the prices of various other crypto assets could not be separated from the influence of the crisis due to the Covid-19 pandemic and the increasing demand in the market.
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The main reason Bitcoin has been pumping in recent months is the growing number of investors in Bitcoin. As Bitcoin is popular, everyone is making fun of Bitcoin. So the bitcoin that is growing in this vinegar is pumping. Everyone can benefit if they invest in bitcoin form. Because Bitcoin is a popular form.
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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!!!
I am a new user of crypto currency. So I don't know how Bitcoin is pumped or even the reason behind it pumped. I am hoping for the opinion of senior members in this regards. l would have benefited if the seniors had discussed in detail. Thanks.
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We can see that the price of Bitcoin is constantly rising. Especially in 2021, Bitcoin is putting a shelf on cryptocurrency. Bitcoin is the king of cryptocurrency.Here people are getting higher profit from investing a lot. However, it has been observed from time to time that the price of Bitcoin has come down. Cryptocurrency is the rule that one time the price will go up and the other time the price will go down. However Bitcoin will exceed 50 thousand dollars at one time.
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There is a lot of criticism about the price of Bitcoin at the moment. There are a lot of questions about why the price of Bitcoin is so high. We can see that the price of Bitcoin is currently at 48156 dollars. We heard a news that a person named Elon musk Many have praised and posted a lot about Bitcoin on his profile which is why the price of Bitcoin has increased so much.
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There is a lot of criticism about the price of Bitcoin at the moment. There are a lot of questions about why the price of Bitcoin is so high. We can see that the price of Bitcoin is currently at 48156 dollars. We heard a news that a person named Elon musk Many have praised and posted a lot about Bitcoin on his profile which is why the price of Bitcoin has increased so much.
For now, I think Elon musk and several companies are the main factor why bitcoin pump. I hope It will not temporary. I hope bitcoin will more popular and the bitcoin price will increase day by day and touch 50K USD
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The way the price of Bitcoin is pumping, maybe 50,000 dollars in a few days, After crossing 50,000 dollars. I think it won't take long for Bitcoin to cross 70,000 dollars. And by 2021, the price of Bitcoin will definitely exceed 70,000 dollars.
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the main reason is that the holders of large companies have entered into bitcoin, and also the richest people in the world buy bitcoin, making bitcoin price increase quite rapidly... the encouragement of the community below them to keep up with what their superiors are doing...
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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!!!
I believe Covid - 19 has certainly played a big role in the growing interest of bitcoin. As there is no physical contact involved. you don't have to go to the banks or ATMs to cash out. If you are not very careful, then there is a growing risk of spreading coronavirus with paper money. So, people all over the world, big companies, and financial institutions have started realizing the importance of bitcoin.
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the main reason is that the holders of large companies have entered into bitcoin, and also the richest people in the world buy bitcoin, making bitcoin price increase quite rapidly... the encouragement of the community below them to keep up with what their superiors are doing...
I agree, if based on fundamentals bitcoin price goes up because many big companies like Tesla, Amazon, Twitter and mastercard are trying to buy and/or use crypto as a payment method.
and if based on technical analysis, the bullish trend of bitcoin is very strong in the big time frame, so it's no wonder that the price of bitcoin has gone up very high until today.
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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 behind bitcoin pump and will it still continue to pump or we should expect a retrace or a dump!!!
The current situation wherein popular companies, institutions and individual invested billions of dollars in Bitcoin what makes the FOMO and that makes the pump. Adoption is also rising so no doubt for a skyrocket. For me it will continue to pump unless these whales don't make any move to create FUD to fill their bags again for a cheaper price.
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Recently Elon musk profile bio #(hastage) Bitcoin pumping the market. But another big advantage is the tesla acceptance of bitcoin and cryptocurrencies helps to price halving.
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Recently Elon musk profile bio #(hastage) Bitcoin pumping the market. But another big advantage is the tesla acceptance of bitcoin and cryptocurrencies helps to price halving.
Yeah Al that sounds pretty crap to me, Looks like Elon Musk just tweeted the hashtag on his Twitter page. He commented that not only Bitcoin but also a couple of other coins have become more expensive now. I think Elon Musk has an endless role to play in raising the bitcoin price.
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Recently, there has been a lot of positive news about cryptocurrencies and of course about bitcoin, for example, that Elon Musk and Tesla invested 1.5$ billion in bitcoin, or for example, the oldest bank in America will soon start working with cryptocurrencies, and there are a lot of such news lately, and that's why the price of bitcoin is growing so quickly.
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The current Bitcoin price is 47,162 dollar. The price of Bitcoin has been rising very fast for some time now. If the price of Bitcoin continues to rise, then the price of Bitcoin is likely to reach 70,000 dollar in a few days.
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The value of Bitcoin is constantly rising. Currently the CEO of Tesla supports Bitcoin the most for the day. For example, the transaction on Elon musk paypal has started long ago. The current trend of transactions continues. So there are good reasons to increase the price of Bitcoin. This is how the price of Bitcoin will gain popularity.
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The value of Bitcoin is constantly rising. Currently the CEO of Tesla supports Bitcoin the most for the day. For example, the transaction on Elon musk paypal has started long ago. The current trend of transactions continues. So there are good reasons to increase the price of Bitcoin. This is how the price of Bitcoin will gain popularity.
Yes, I see bitcoin is still gaining popularity now. Many investors and companies already invested in bitcoin. I think It is good sign bitcoin will have promising future. The famous people , Tesla owner Elon musk also invested in bitcoin.
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The current Bitcoin price is 47,162 dollar. The price of Bitcoin has been rising very fast for some time now. If the price of Bitcoin continues to rise, then the price of Bitcoin is likely to reach 70,000 dollar in a few days.
I think it's too quick to say if the BTC will go up from $ 47k to $ 70k in a few days ... maybe it could be a few months but still this year it will cost up to $ 50k in my opinion...
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The current Bitcoin price is 47,162 dollar. The price of Bitcoin has been rising very fast for some time now. If the price of Bitcoin continues to rise, then the price of Bitcoin is likely to reach 70,000 dollar in a few days.
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it can happen or may not happen, because now it is difficult to determine the movement of bitcoin that can change quickly.
but if to reach $ 70K it could be but not for this month.
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I think it's too quick to say if the BTC will go up from $ 47k to $ 70k in a few days ... maybe it could be a few months but still this year it will cost up to $ 50k in my opinion...
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what you say may be more realistic than the above colleague who determine in just a few days, indeed there is an increase that will obviously occur but the timing is unpredictable.
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@yohananaomi Therefore, I think it is impossible in a few days to see bitcoin still in a stable movement, but it could be that if a lot of big investors come in and they buy up bitcoin, the price can go up quickly. but predictions can be wrong and could be right .. let's just wait how will happen. there are so many factors that can affect the price of bitcoin.
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@yohananaomi Therefore, I think it is impossible in a few days to see bitcoin still in a stable movement, but it could be that if a lot of big investors come in and they buy up bitcoin, the price can go up quickly. but predictions can be wrong and could be right .. let's just wait how will happen. there are so many factors that can affect the price of bitcoin.
I don't think the bitcoin price will stable, because It is decentralized platform. Crypto currencies are always on high demand. So, don't imagine about stability of the price. Because investors and traders get profit from price gaps.
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The increase in bitcoin is the main reason why bitcoin is in high demand. Elon Musk has bought 1.5 billion. That's really nice. It will have a good effect, But prices are likely to rise in the future.
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Since the crypto space got the interest of investor around the world over the years, and having seen the dump in the price of bitcoin, knowing that bitcoin will rise again, started making their investments with fomo when the price will increase. Right now, with the big investment of Tesla into the system made gave bitcoin ATH, and this gave profits to investors who are in, getting the interest of those yet to come into the system.
Before, whales control the price of bitcoin, now investor and big institutions are in the space.
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Since the crypto space got the interest of investor around the world over the years, and having seen the dump in the price of bitcoin, knowing that bitcoin will rise again, started making their investments with fomo when the price will increase. Right now, with the big investment of Tesla into the system made gave bitcoin ATH, and this gave profits to investors who are in, getting the interest of those yet to come into the system.
Before, whales control the price of bitcoin, now investor and big institutions are in the space.
Yes, right. The new era of bitcoin looks like it's just beginning. Companies and other institutional investors are starting to play their part so as to spur significant growth. This is a new era that many people have been waiting for. Hopefully it can last long.
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I don't think the bitcoin price will stable, because It is decentralized platform. Crypto currencies are always on high demand. So, don't imagine about stability of the price. Because investors and traders get profit from price gaps.
I mean is if the movement of bitcoin fluctuates slowly, there will be no very high price jumps .. like in 2018 to 2020 the movement of bitcoin is very slowly ... unlike today, the ups and downs of bitcoin prices are very drastic.
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The phenomenon of skyrocketing Bitcoin prices has also been accompanied by increases in the prices of other cryptocurrencies such as Ethereum (ETH), Ripple (XRP) and Binance Coin (BNB). JP Morgan analyst Nikolaos Panigirtzoglou in an interview with the well-known British media The Guardian on November 17, said that the increase in the prices of various other crypto assets could not be separated from the influence of the crisis due to the Covid-19 pandemic and the increasing demand in the market.
The current price growth of bitcoin and cryptocurrency in general is due to several reasons, which sometimes replace each other. Good price growth started in the fourth quarter of last year and was due to the fact that this was the traditional time for its growth. The coronavirus pandemic and the measures taken to combat it, which caused inflation of common currencies around the world, also had an impact. There was also a general expectation of a rise in the price of bitcoin in connection with the halving of bitcoin in May. Therefore, by the New Year, the price of bitcoin rose to almost $ 30,000. After the New Year, its price began to rise due to the fact that institutional investors began to invest their funds in bitcoin and other cryptocurrencies. As their interest in cryptocurrency began to decline, several actions by Elon Musk gave impetus to the rise in prices in this market, including the purchase by Tesla of bitcoins in the amount of $ 1.5 billion and a statement that they accepted Bitcoin as a means of payment. Other large business structures are now expected to follow suit. Today, for example, I read information that one of the major US banks will provide various services in cryptocurrency, including their issuance.
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The main reason why the price of Bitcoin has increased so much is that it has made a significant contribution to the cryptocurrency in the world. Ever since he tweeted the Bitcoin hashtag on his Twitter page, the price of Bitcoin has been skyrocketing. Elon Musk That's why he has invested one and 1.5 million bitcoins in it but the price of bitcoin has been so pumped.
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There is no one known reason for btc price pump, there are several reasons some are known why others are just speculation, even though it also kept me wonder sometimes what is the main reason behind every price pump, I mostly enjoy the moment rather than worrying myself over what I cannot find answers to.
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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!!!
The pump is an advantage, it is a good sign that supports profits. Prices pumps is usually in seasons, since February as you have said is a response to bull run. Coin market has a scale which it follows due to the volatility of bitcoin.
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Bitcoin has risen sharply, but I think we should expect an imminent fall, because volatility and commissions do not allow everyone to use Bitcoin for payment - this is just an investment for us!
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There may be several reasons why Bitcoin price is very increasing significantly at this time:
- This is still in the bullish era
- there is a tweet by Elon Musk
- Demand is very high
- Some positive news is around us
- Many people from the stock investment is moving here
Well, we can continue if there are many more fundamental reasons here.
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There may be several reasons why Bitcoin price is very increasing significantly at this time:
- This is still in the bullish era
- there is a tweet by Elon Musk
- Demand is very high
- Some positive news is around us
- Many people from the stock investment is moving here
Well, we can continue if there are many more fundamental reasons here.
Yes, I agree. I think the reason why bitcoin pump.The basic factor is high demand. Another factor that affect bitcoin price are Elon musk has invested in bitcoin, positive news, and for now It is bullish era after bitcoin halving
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With the growing popularity of Bitcoin, many people will be curious and find out more about Bitcoin. So they find crypto, and then are interested and enter crypto, so that the price of the coin is increasing because it is in high demand.
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This is really amazing between the prices of bitcoin as this moment the bitcoin will so much very high prices and I think it will not be pump into the market especially in stock exchange.
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It is very difficult to understand cryptocurrency. No one can imagine when the price of a token will increase or decrease. However, now that the price of Bitcoin has risen, many people are curious to know that Bitcoin What is the reason for the way prices are rising. Many believe that the price of Bitcoin has risen sharply in the hope that US President Joe Biden will legalize Bitcoin in the United States. We have more reasons I will hear from senior persons. However, the price of Bitcoin will continue to rise day by day, this is our hope that the future will be much better.
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Sudden pump of bitcoin is more investors got to join the crypto world, day by day more people are getting to know about cryptocurrency.Maney people are interested and enter crypto, so that the price of the coin is increasing because it is in high demand.So I think it will cause of bitcoin price pump.
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Sudden pump of bitcoin is more investors got to join the crypto world, day by day more people are getting to know about cryptocurrency.Maney people are interested and enter crypto, so that the price of the coin is increasing because it is in high demand.So I think it will cause of bitcoin price pump.
The price of Bitcoin is increasing so much, but it is not just because people are investing. Elon Musk is one of the most popular cryptocurrencies in the world, especially Elon Musk. The price of Bitcoin has been rising ever since he tweeted the Bitcoin hashtag on his Twitter page.
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There are many reasons, but the biggest reasons may be caused by great supports from many parties to Bitcoin. One of the examples is Tesla currently bought many Bitcoin for investment. This triggers the big pump at Bitcoin price in a short time. We now can see that Bitcoin gets a new record again by having a new ATH.
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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!!!
The pump is an advantage, it is a good sign that supports profits. Prices pumps is usually in seasons, since February as you have said is a response to bull run. Coin market has a scale which it follows due to the volatility of bitcoin.
In previous years, we have always seen the price of coins fall before the Chinese New Year, and this year, the price on the contrary rose. Perhaps the reason is that there are now a lot of restrictions related to the pandemic for travel.
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Glad you asked man, it's good to always ask a question when you don't understand things, well here's the answer bitcoin is pumping massively because first was the bitcoin halving which took place last year, and secondly financial institutions accepting and buying bitcoin, e.g PayPal accept cryptocurrency last year and since then large investors like tesla have bought a whooping $1.5 billion worth of bitcoin, so bitcoin is pumping because of financial institutions involvement 8).
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They didn't just invest 1.5 billion in Bitcoin, they also announced they will allow payments in Bitcoin (https://www.forexbrokerz.com/news/elon-musk-endorses-bitcoin), which, I think, is just as huge as the massive investment.
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Bitcoin is the most popular coin. So that its position in crypto is very important. No wonder this Bitcoin will greatly affect the price of other coins in the market.
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There has been a big change since bitcoin halving. Now bitcoin is becoming out of the reach of common man, big companies are investing in it, so it is pumping.
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There has been a big change since bitcoin halving. Now bitcoin is becoming out of the reach of common man, big companies are investing in it, so it is pumping.
Basically it is the rich who are influential in the world, whatever they do will have a big effect on changing the world. whatever their investment, their followers will be eager to follow it. therefore many people buy bitcoin and cause the price to go up.
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Surely because it is too easy to make money that is why investors keep on buying and selling and even it is too risky to invest there is no best to invest right now aside from cryptocurrency. So this is like a paradise place of the investors.
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Surely because it is too easy to make money that is why investors keep on buying and selling and even it is too risky to invest there is no best to invest right now aside from cryptocurrency. So this is like a paradise place of the investors.
agree, for those who have large capital it is certainly not a problem. but for some people, if they fail to enter, they will lose a lot ... there are always those who benefit and some are disadvantaged. especially in crypto there are no definite rules. if you have a lot of money you can master anything, we just follow them.
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I think if many people do not join the use of bitcoin in this hype period, we will expect a drop to 20,000 and a new accumulation, perhaps we will see cool solutions in the crypt,except for Defi, or they will be well implemented in some projects!
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Currently the price of Bitcoin is pumping.And with the rise in the price of Bitcoin The price of all other coins is also rising.So I think Bitcoin will be more popular in the future And Bitcoin transactions around the world Will be turned on.And the price of Bitcoin will increase day by day.
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Well I think the reason for the sudden pump of bitcoin is that more investors got to join the crypto world, day by day more people are getting to know about cryptocurrencies and the benefits of Investing with thereby putting funds to it, I think this is the more reason for the pump of bitcoin and also I think the halving which took part in 2020 has an effect on crypto and this is the outcome.
There are usually many reasons for the rise in the price of bitcoin. I have been monitoring the value of bitcoins regularly for a few days now. The price of bitcoin has been steadily rising in the last few days.But the thing that has surprised me a lot recently about Bitcoin is that the price of Bitcoin today exceeds $50.
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The rise in bitcoin prices over the past few days has been a real surprise. Because for a few days now, the price of bitcoins has been rising at a rocket speed like an unbridled mad horse.But I don't know why the price of bitcoin is suddenly rising. If anyone knows about it, be sure to discuss it here.
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The way Bitcoin is rising in the cryptocurrency now, the price of Bitcoin has risen abnormally. Never before has the price of bitcoin pumped like this. The current bitcoin price is rising sharply.
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Bitcoin is still at its highest level. Its price has been pumping over the past few months. There are many big companies that have invested in crypto. Since Bitcoin is at its highest level, everyone is investing in Bitcoin. I think this is why the price of Bitcoin is pumping.
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The price of bitcoin is likely to rise at the present time because the price of the currency market has started rising soon after the richest person in the world joined the cryptocurrency market. For this reason, the currency market is more likely to be cut.
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Bitcoin reacts very strongly to new investments, such as the recent purchase of Bitcoin worth $ 1.5 billion from Tesla. But not only attracting investment, but also reducing the supply of bitcoin in the market increases its value. Many traders withdraw their assets from cryptocurrency exchanges for long-term storage in wallets.
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Really amazing movement, I don't think that the price of bitcoin would go up so fast, whatever happens is that many people will not be able to buy it, because it is too high ... bitcoin will only be owned by the rich peoples .. :'( for me, I might prefer ethereum or other tokens .. . :)
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Bitcoin is one of the most popular and reliable cryptocurrencies among cryptocurrencies; So the demand for it in the virtual world is much higher. Also, by the end of 2020, big individuals and organizations like Elon Musk have invested in Bitcoin, so I believe that its price is rising very fast and it will continue.
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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!!!
one factor is the coming of many big companies into buying Bitcoin. when you remember last year when paypal announces to allow Bitcoin into their.platform. that triggers the button for Bitcoin to pump. also their are some news following that announces that even pushes the price to move upward. Elon musk currently tweeted to buy $1.5b worth of Bitcoin also pushes the price of BTC to move upward. currently BTC is traded at above $50k and it's moving much more.
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Honestly, I actually did not expect the price of Bitcoin to reach $50,000, And it turns out that Bitcoin has already passed, even yesterday I saw it hit a price of $51,000, This is really extraordinary. Many people here say, this increase in the price of Bitcoin is caused by the large number of large investors in the world who are now switching and investing in Bitcoin. This caused the trust in Bitcoin to increase, and the demand for Bitcoin was very high.
I just checked, the price of BTC is $ 52,147. That's fantastic.
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The reason is that the current price of Bitcoin is rising drastically. I have never seen such an increase in the price of Bitcoin. The amount of Bitcoin has increased at present. The price of Bitcoin is more likely to increase in the future.
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I will highlight them carefully and it has ranged from acceptance; adoption; lots of investors, several institutional investors; masssive adoption by companies et all and lots more.
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A new summit has occurred again today. It continues on its way by making the summit. One of the most striking events is whenever bitcoin rises sharply, the binance exchange fails. I don't think it's an innocent situation. It is not known how long Bitcoin will peak, but large companies that have already bought may start selling at this time. I find it useful to be careful.
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Investors are the cause we can think first as main reason of its bullish trend. Of course the more there is demand in the market the more price is heading up and most specially if the investors are popular.
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Not only is the value of bitcoin rising at the moment, but with the rise of the value of bitcoin, the cryptocurrency is growing at the expense of all other currencies.However, I think the current demand for Bitcoin is one of the reason for the increase in the price of Bitcoin. I mean, maybe the demand for Bitcoin is much higher now than in the past. The value of bitcoin s is rising.
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The Bitcoin price is rising at an incredible rate.Bitcoin prices are rising rapidly at the present time.Cryptocurrency markets have been much better and Bitcoin prices are rising Now Bitcoin is always being pumped in the market.So Bitcoin will grow even more in the future.
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These are the rich people who are influential in the world, whatever they do will have a big impact on changing the world. Whatever their investment, their followers will be eager to follow it. So many people buy bitcoins and the price goes up.
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These are the rich people who are influential in the world, whatever they do will have a big impact on changing the world. Whatever their investment, their followers will be eager to follow it. So many people buy bitcoins and the price goes up.
Absolutely the rich and influential personalities will attract and draw more fishes either whales or small fish. They will probably join the parties to invest in Bitcoin and hold until the price come up to $100k. They might have one perspective and that would be the big profit from digital asset.
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Bitcoin pumps are executed by small groups of people with access to the OTC market. This small group can easily transact enough fiat to cause these sudden shifts in the price intentionally or otherwise.
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Investors are the cause we can think first as main reason of its bullish trend. Of course the more there is demand in the market the more price is heading up and most specially if the investors are popular.
Yes, you're right the high demand is ther reason of bitcoin price pump. Bitcoin is going strong now and touch $ 55K. I think it will increase again and will touch 60 K USD soon. Bitcoin is really so popular , there are many companies and famous people have invested in bitcoin.
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Recently, news has often caught our eye that large companies are investing huge amounts of money in Bitcoin, for example, Tesla bought Bitcoin for one and a half billion dollars. I believe that it is these processes that greatly influence the value of Bitcoin and increase its demand in the market.
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Honestly, I actually did not expect the price of Bitcoin to reach $50,000, And it turns out that Bitcoin has already passed, even yesterday I saw it hit a price of $51,000, This is really extraordinary. Many people here say, this increase in the price of Bitcoin is caused by the large number of large investors in the world who are now switching and investing in Bitcoin. This caused the trust in Bitcoin to increase, and the demand for Bitcoin was very high.
I just checked, the price of BTC is $ 52,147. That's fantastic.
I did not believe that the price of bitcoin would rise until the high of 2017. Then I did not believe that the price could rise to 30 thousand dollars and so on. But bitcoin does not care that someone does not believe in it and it continues to grow.
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Bitcoin has grown rapidly in the last few months. If we talk about the price increase, then the price of any item increases with the demand and supply. Then whether it is a physical object or a coin.
When we talk about bitcoin, its supply is fixed and people are aware of its benefits, then its demand increases daily. Hence its price has been rising.
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if in my opinion why bitcoin is pumping because bitcoin has a lot of demand so that the supply is decreasing and there is a lot of positive news about bitcoin, maybe that's the reason bitcoin is pumping until when this happens nobody knows.
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Many people thought Bitcoin will not cross more than $25K in this year, but it crossed that amount very fast than we expected! From there a lot of companies started to invest in Bitcoin 10x because they saw a good opportunity for earning a profit, and they keep pushing the price until today we see more than $55K :)
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Negative news and fud from different angles about bitcoin investment. Despite from that Bitcoin take off the negative spirits and shows the pump power at any moment. The demand increase. The attraction and interest of the world increase. The last is the investment of whales. Bitcoin price is unstoppable at this moment.
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I agree with @Falcon's opinion. Bad news spread by people, companies and corporations that don't like Bitcoin or cryptocurrencies in general. The funny thing is that now many of those companies are interested in lBitcoin, such as Morgan Stanley, JP Morgan and others. Time has left them in evidence like many other companies, which many experts now call hypocrites.
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The rapid growth of bitcoin is due not only to investments in it by large institutional investors, but also to a favorable news background. Today the price of bitcoin rose above $44,000 just on rumors of a bitcoin purchase by Tesla.
Yes, that's right. After companies and several famous people already invested in bitcoin, I see bitcoin starting to pump..It is really amazing and good for crypto market . For now the problem is high fee transaction.
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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!!!
It is not clear when the crypto market will be pumping or dumping. Bitcoin prices have been rising since last month. Bitcoin prices are currently dumping. Bitcoin has dumped the prices of all the currencies in the crypto market. It cannot be said with certainty that the price of Bitcoin will be pumping again.
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The rapid growth of bitcoin is due not only to investments in it by large institutional investors, but also to a favorable news background. Today the price of bitcoin rose above $44,000 just on rumors of a bitcoin purchase by Tesla.
Yes, that's right. After companies and several famous people already invested in bitcoin, I see bitcoin starting to pump..It is really amazing and good for crypto market . For now the problem is high fee transaction.
Every investors are facing this problem, high fee transaction. But I hope the team will solve this problem. If you asked why bitcoin price pump, I think because bitcoin has high demand now and more popular than last year.
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It is not clear when the crypto market will be pumping or dumping. Bitcoin prices have been rising since last month. Bitcoin prices are currently dumping. Bitcoin has dumped the prices of all the currencies in the crypto market. It cannot be said with certainty that the price of Bitcoin will be pumping again.
Today we saw a correction in the price of bitcoin and we can expect that now the price of BTC in the next few days will exceed the previous high. Such a sharp change in the price led to the liquidation of traders positions for $ 4 billion.
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The reason why the price of Bitcoin has suddenly pumped up so much may be that there are a lot of investors in Bitcoin. And the big businesses around the world are all investing in Bitcoin. And all the rich people in the world are investing heavily in Bitcoin. This may be the main reason for the increase in bitcoin price.
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There are some influence why BTC price is increasing and we are going not too much. We can see from the price itself is also infleunced by the good news about Elon Musk tweet, and also another new Bitcoin pump that can really make the exchange
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I am sure that the most bullish influence of Bitcoin is the increase of the demand and supply in the market. Moreover many people from stocks and commodity traders or investors are coming into the crypto world during this bullish time. So the demand is really increasing.
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The reason why the price of Bitcoin has suddenly pumped up so much may be that there are a lot of investors in Bitcoin. And the big businesses around the world are all investing in Bitcoin. And all the rich people in the world are investing heavily in Bitcoin. This may be the main reason for the increase in bitcoin price.
Your opinion seems right, because if there are many buyers it will make bitcoin volume increase. But why is bitcoin price dropping nowadays?
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Companies are starting to buy bitcoin in large quantities, and this is really new gold, only more convenient and safe, it is much easier to store and impossible to take away! The demand for bitcoin from the institutional side is very high!
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I think one of the reasons for the rise in the value of bitcoins is that investors because if investors hadn't invested in the bitcoin platform, the value of bitcoins would never have risen.So I want to give the credit to the investors for the increase in the value of bitcoin
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Companies are starting to buy bitcoin in large quantities, and this is really new gold, only more convenient and safe, it is much easier to store and impossible to take away! The demand for bitcoin from the institutional side is very high!
yes, after Tesla made a breakthrough it seemed like everyone started to open up and understand about bitcoin investing. because when compared to companies that have been storing in Forex or Stocks, of course the price movements that will be obtained are very significant if you put them in bitcoin.
everything seems to be experiencing a trend for bitcoin investment, especially now that bitcoin is not only a long-term investment, even starting last year has become a short term. if anyone can use this opportunity then they don't need to take a long time to enjoy the benefits.
bitcoin usually after experiencing ATH, there will be a correction where that is an opportunity to buy and wait a while because usually after correction it will increase and even make ATH renewable again. where at that time if necessary can make short-term sales. remember bitcoin ever going up in price in one hour to $ 7K- $ 8K. certainly very attractive for short-term investments.
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Companies are starting to buy bitcoin in large quantities, and this is really new gold, only more convenient and safe, it is much easier to store and impossible to take away! The demand for bitcoin from the institutional side is very high!
The reason why the Bitcoin price has suddenly increased so much is because I think there are many big companies around the world who are investing a lot in Bitcoin. It turns out that all the big and well-known companies around the world are also investing in Bitcoin. Due to the high demand for Bitcoin, the price of Bitcoin has changed so much in a few months.
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Bitcoin prices suddenly began to rise sharply, causing the price of Bitcoin to drop from 19,000 to 60,000. There is no reason for the price of bitcoin to rise in such a short time. Bitcoin has suddenly palmed
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Bitcoin prices suddenly began to rise sharply, causing the price of Bitcoin to drop from 19,000 to 60,000. There is no reason for the price of bitcoin to rise in such a short time. Bitcoin has suddenly palmed
I'm sorry, but I would like you to form your thought as clearly as possible. I cannot understand, or you do not see any reason for the growth of Bitcoin from the past historical maximum to the last, or you are trying to convey to us a different hypothesis and therefore I would like to read your opinion more extensively.
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The price of Bitcoin was much lower at first as it was 12 thousand dollars. From there it slowly rose to 61,000 dollar. In a short period of time, the price of Bitcoin has pumped up so much that it is impossible to express in words. Bitcoin prices are likely to pump more in the future.
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The price of Bitcoin was much lower at first as it was 12 thousand dollars. From there it slowly rose to 61,000 dollar. In a short period of time, the price of Bitcoin has pumped up so much that it is impossible to express in words. Bitcoin prices are likely to pump more in the future.
In my opinion, everyone already knows that bitcoin has been growing in price over the past six months, mainly due to the fact that large institutional investors have begun to invest in it. Previously, this was not observed in such quantities. Even Elon Musk is said to control some $ 5 billion worth of bitcoins. In addition to Tesla, a significant amount of bitcoin is on the balance sheet of SpaceX, as well as in its private property.
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One of the reasons why the price of bitcoin has risen is that I think investors are now investing in bitcoin platforms.I think so far the investors have kept the market alive. Because the market would never have survived if investors had not invested.However, one of the reasons for the recent rise in the value of bitcoins is the investment of investors.
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Bitcoin prices are dumping today. Bitcoin's current price57$ thousand 357$ dollars. Yesterday, the price of Bitcoin exceeded 59$ thousand dollars. Again, it seems that if the price of Bitcoin exceeds 60,000$, then Bitcoin will definitely hit 70,000$. Hopefully the price of Bitcoin will no longer be dumping.
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The Bitcoin Pump is due to many factors that can increase the price as well as many well-known companies buying Bitcoin and it is certain that the Hive of Bitcoin is what makes Bitcoin able to continue to pump.
I often see local news that the stocks in my country are trading down and everything is switching to Cryptocurrency, this is definitely why Bitcoin can Pump.
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Bitcoin prices have risen sharply in the cryptocurrency market. In fact, what is the real reason for the rapid rise in the price of Bitcoin. I do not know the real secret. If anyone knows about it, let me know the details. In fact, we just check the market and see that the prices of all the currencies in cryptocurrency go down from time to time.
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One concern that is quite evident is that more and more publicly traded companies are adding bitcoin to their balance sheet. This is great in terms of adoption and legitimizing bitcoin as an asset. I think this is one of the reasons for the increase BTC.
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This growth of bitcoin could occur due to many factors, one of them is that investors believed in the cryptocurrency and began to invest money. Also, projects to protect their investments transfer everything to bitcoin to increase their profits.
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Bitcoin is one of the best crypto currency in the world. Increasing price of any crypto currency depend of few matter bitcoin is not out of that so the price of bitcoin is increasing for increasing demand of buyer. There are large number of buyer want to buy bitcoin but there has a limitation that is supply. So i think it is one of the main reason for increasing bitcoin right now.
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We can present many reasons for the increase in the value of a coin. However, the most plausible reason behind the rise in the value of Bitcoin is the current investment in Bitcoin platforms.Because if you notice that you are currently investing in the most bitcoin platforms, this may be one of the reasons behind the rise in the price of bitcoins.
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Right now the demand for Bitcoin is huge. Many public and institutional investors are investing a lot of money in Bitcoin to keep it as long as possible, they know it's the best strategy, hold. We must also remember that the next Bitcoin halving is not as far off as it seems, when the halving is executed, those investors could see their investment multiplied to astronomical amounts.
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The price of bitcoin is increasing day by day because of the huge market demand and many new investors who are starting to invest in bitcoin.
That's all because cryptocurrency, especially bitcoin, is becoming a trend in the investment world.
When the price gets higher, more and more new investors and new traders enter the world of crypto.
Like my friend, there are 10 of my friends who didn't know and didn't want to enter the crypto world and now have started investing there because they saw higher prices.
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It went up to 64k but didn't stay there long. If it does not go below 59k and remains stable at these levels, it would be very nice for altcoins. There is a recovery from today on behalf of altcoins. Let's see if the sequel will come.
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Right now the demand for Bitcoin is huge. Many public and institutional investors are investing a lot of money in Bitcoin to keep it as long as possible, they know it's the best strategy, hold. We must also remember that the next Bitcoin halving is not as far off as it seems, when the halving is executed, those investors could see their investment multiplied to astronomical amounts.
It seems to me that the main factor that affects the growth of Bitcoin is the investment of large companies in Bitcoin, as well as the adoption of Bitcoin by these companies as a means of payment. it is this fact that greatly affects society in relation to cryptocurrencies.
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The altcoins maybe dump again. but after all, after the price of Bitcoin is likely sideways, the altcoins will follow to rise the price. Although not altcoins will be the same, but there will be the chances for the coins to increase, moreover those that have good fundamentals
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As the Bitcoin price increases, the altcoin price follows an increase as well. Especially for the BNB token which has also increased so much.
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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!!!
Bitcoin price decline will occur if investors sell their Bitcoi, but it is difficult because investors are smarter and trying to hold back to get more profit, we won't see BTC dropping to $10k. Maybe it will, but it's hard to see a drop of more than 50% over 1 month
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Cryptocurrency Bitcoin is a widely known and known as the greatest coin. Bitcoin is used in all cases. This bitcoin is always in the number one position of the changer on any alertpay. So everyone wants to invest in coins. I think for all these reasons the price of bitcoin is rising and will increase in the future. Thank you.
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Cryptocurrency Bitcoin is a widely known and known as the greatest coin. Bitcoin is used in all cases. This bitcoin is always in the number one position of the changer on any alertpay. So everyone wants to invest in coins. I think for all these reasons the price of bitcoin is rising and will increase in the future. Thank you.
Is those reason for Bitcoin Pump? Probably not, we have to think and find out logical answer before making comments. For this you can use google, news sites, forum discussion for taking information for your comments. Just only making comments won't produce any value to the community. I hope you and every valued member will realize from it.
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Given the current state of Bitcoin, something good is to be expected. The popularity of Bitcoin has been approved all over the world and in almost all countries of the world. Bitcoin is currently pumping Is in position. So it is to be hoped that the Bitcoin market will continue to boom. Plenty is invested here. And what is the profit from it. So everyone's idea is that Bitcoin is in a better position Yes.
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The forces of demand is solely responsible for the recent pump in it price, recall Elon Musk massive investment in it triggers the last bullish run in the price, of course TESLA is a big institution whose investment on Bitcoin drove it price to a new ATH if we can have more of those type of investment definitely the price of Bitcoin will moon and pump massively
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The forces of demand is solely responsible for the recent pump in it price, recall Elon Musk massive investment in it triggers the last bullish run in the price, of course TESLA is a big institution whose investment on Bitcoin drove it price to a new ATH if we can have more of those type of investment definitely the price of Bitcoin will moon and pump massively
Of course, the constant demand for Bitcoin in the cryptocurrency market will increase its value, but nevertheless, Bitcoin is a fairly popular asset today and is beginning to be used not only as a profitable investment, but also as a means of payment, such as with Tesla. thus, two-way demand holds the value of Bitcoin and increases it in a corresponding progression.
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Actually, the Bitcoin price pump in 2021 was predicted after the Bitcoin hard fork that occurred in 2020. However, when the Bitcoin price increase yesterday coincided with the entry of a large investor Elon Musk (CEO TESLA), so many people think that the increase in Bitcoin price was caused by Elon Musk.
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The Bitcoin Pump is due to so many factors, but the most prominent one is the result of social media giving Bitcoin with the association of famous people.
No half-heartedly, Coinbase is also listed on the American market and this is really very good for the future of Bitcoin.
I like things like this because this is the right step for investing in Bitcoin.
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Many companies in many countries around the world are investing in Bitcoin. Tesla is investing in Bitcoin. They have accepted Bitcoin in their company. You can buy a car by paying bitcoin. Bitcoin has since been accepted by various companies. Various new projects are coming which are constantly succeeding. This is increasing the demand for Bitcoin and other currencies. And its price is increasing day by day.
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A few months ago, the world's largest companies began to invest in cryptocurrency. Their first choice was Bitcoin and that's why the price of Bitcoin keeps going up like a crazy horse. If everyone's idea continues like this, the price of Bitcoin could touch one lakh dollars in the next few months. In my opinion the bitcoin market definitely needs correction.
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I believe that large companies with a worldwide reputation are influenced very strongly by the pricing of cryptocurrencies, If they invest huge capital in Bitcoin. I believe that the capital of such companies is much better than institutional capital.
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Bitcoin price was already pumped many times in the last few months. And I think it continues to increase or be pumped again. If you checked the current market price, Bitcoin value is already increasing again today. Looks like Bitcoin is trying to go above $60K again and try to survive above $60K.
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Bitcoin prices are already pumping heavily into the cryptocurrency market. Especially since the end of 2020, in 2021, the price of Bitcoin has increased the most. Bitcoin is currently the most popular country in the world. Currently the price of Bitcoin has gone close to 60k. I think by 2021, the price of Bitcoin could exceed 70k dollar to 80k dollar Crossed.
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I believe that large companies with a worldwide reputation are influenced very strongly by the pricing of cryptocurrencies I am sure, bitcoin will pump again. I am sure at the end of this year it will reach its highest price position.
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Btc is in the safe zone for now. There has been a serious boost for 56k btc. If bad news did not come, the first target would be 66k. As soon as the 66k target is reached, there will be 73k targets.
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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!!!
I think pandemic covid19 has good effect to bitcoin..Bitcoin is high demand now. I think It is good for crypto market. I think It is the reason why many people already invested in bitcoin and altcoins..
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Lots of investors and large companies are willing to buy Bitcoin and everyone who buys Bitcoin in retail is also starting to hold Bitcoin.
All because of this Bitcoin asset is very valuable and its supply is getting less and less in the future. But, from 2009 until now the price of Bitcoin has continued to rise.
Humans in the world are more than 7 Billion and Bitcoin was only created 21,000,000, in other words this will be a struggle and Bitcoin will continue to rise in price. Believe me , Bitcoin will to the Moon !
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This is the rule of cryptocurrency to fluctuate the market. Because if the market is not upside down, the market will not survive. It will be seen that one time the price will be pumping and the other time it will be dumping. That is why you cannot be disappointed with patience Success is possible only if we work hard. Bitcoin will now remain in the pumping position.
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It is not possible for anyone to say what happens in the cryptocurrency market.There are many types of coins in cryptocurrency.The most well-known coin is Bitcoin.Bitcoin prices are rising the most at the present time.However, no one can say exactly why the price of Bitcoin is rising.Elon Musk, the owner of the Tesla company, seems to have added a new dimension to Bitcoin since he tweeted about Bitcoin.The price of Bitcoin has risen the most since he tweeted.
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The market is characterized by making its movements based on the influence of whales and emotions, when Elon Musk tweets the market and names Bitcoin or Doge, it produces so many emotions that the people who follow it start buying, that's where it is produce pumps, in these cases social networks become powerful tools to influence investors, traders and especially over emotions.
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The cryptocurrency market is always up and down. This is a common thing for the cryptocurrency market. The price of bitcoin goes up when there are a lot of bitcoin transactions in the cryptocurrency market.
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Now the btc unfortunately dump but from two or three months before the btc price was pump because in that time there are many new investor invest in cryptocurrency and they were looking the btc price rise like goes on the moon .and another reason treaders buy and sell btc for more profit so marketcap stable and green .
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The market is characterized by making its movements based on the influence of whales and emotions, when Elon Musk tweets the market and names Bitcoin or Doge, it produces so many emotions that the people who follow it start buying, that's where it is produce pumps, in these cases social networks become powerful tools to influence investors, traders and especially over emotions.
Yes, I see when famous person has tweeted about crypto , we all see the coin prices go up. But I think It's just good news, the basic factor which affect the price of bitcoin pump, I think because high demand. It's the reason why bitcoin price increases
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The pump of Bitcoin price should be caused by the big demand for Bitcoin in the market. Especially in the current Bullrun season, many people want to buy Bitcoin because it has a big potential to soar very significantly. Some experts even stated that the price of Bitcoin will go to above $100K this season. The hype of this prediction brings an impact on the crypto market, many people are buying Bitcoin. Because there is an improvement of Bitcoin demand in the market, then the price of Bitcoin increases gradually and continuously.
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Indeed the biggest influence is the huge amount of information that says bitcoin will go far beyond $100k, and that's what makes a lot of people panic buying bitcoin these days... but trust me that there will be many people trapped because of that information, we are just waiting for that time to come and we can together see what will happen...
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Bitcoin prices are fluctuating a lot this week.The price of Bitcoin cannot rise above 55,000$ . But hopefully the price of Bitcoin will pump up very quickly and break all previous records.Elon Musk, Bitcoin's biggest investor, still holds bitcoin, which means that the price of bitcoin could rise further.
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Yesterday, it had a crisis again for most investors. I could not find any news about why he crashed anywhere. Then I saw Yellen saying about interest rates on Twitter. Maybe he fell because of it. This drop is again over 52.5k. Btc sees himself 52.5k as a strong support. For now, it goes back and forth between 54k-55k. Let's see if he will pack up and continue his 73k journey today?
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They say that Germany has passed a law on the permission to invest in cryptocurrency this is very good news, it will only mean the growth of the cryptocurrency. If each state passes such a law on the permission to engage in cryptocurrency, then what will happen to the crypto.
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Whatever happened yesterday turned red. Btc also tested the 52k level again, albeit slowly. He did some sort of correction. Now he has tossed on 57k. I am looking forward to how altcoins will react to this situation.
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Yes sir you are right I agree with you because a few days ago the price of bitcoin was going up. But now the price of Bitcoin is much lower due to which the cryptocurrency market is at a low pace. And the price of cryptocurrency bitcoin is currently being dumped.
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Bitcoin is now widely known by everyone, all over the country and all environments are familiar with cryptocurrency but I do not recommend them to trade cryptocurrency because it is very dangerous and risky.
Well, this is the reason why Bitcoin is pumped because it is well known by everyone, from teenagers to parents who already know Bitcoin. For people who don't know Bitcoin, when do you buy Bitcoin? LOL
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Bitcoin prices are already being the most pumped in the cryptocurrency market. Its price has more than doubled compared to the previous Bitcoin price. Bitcoin is the most popular and ranked cryptocurrency. Its position is currently in the first place in the cryptocurrency. Its price in the future I think will exceed $100 dollar. Already, the world's largest investors in Bitcoin have begun to invest and hold Bitcoin. So the future of Bitcoin will be really bright.
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Elon Musk, Bitcoin's biggest investor, still holds bitcoin, which means that the price of bitcoin could rise further.
Indeed, this person is extraordinarily sadistic because he has a large following and has a lot of money support from the company he owns to buy Bitcoin.
Elon Musk is also a frequent Shiller for DOGE coins but for sure Elon Musk is very supportive of Bitcoin because TESLA opens up space for buying using Bitcoin.
Bitcoin will soon go to the Monn due to various factors that have been seen until now in various online media.
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Don't panic too much friends because all of this is definitely a strong relationship between, Bitcoin, Price and Community.
Of these three factors, there will definitely be such things as interdependence and the price of Bitcoin must also depend on the community.
If the community is all afraid of the future of Bitcoin then the price of Bitcoin can fall and dump.But keep calm because i'm not part of community with "weak hand" . I'm real HodLer of Bitcoin .
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Bitcoin revolutionized the area of digital currencies and since then, it has influential in the current life. Thanks to the increased technological opportunities and to the significant number of internet users, Bitcoin has become widespread in international markets.
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The current price of Bitcoin has increased a lot in the cryptocurrency market. Its price is increasing more than before. The price of Bitcoin has increased the most compared to all other coins in the market. Bitcoin has gained a lot of popularity around the world as a virtual currency. The future of Everything else coins is expected to be much better than I think.
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The current price of Bitcoin has increased a lot in the cryptocurrency market. Its price is increasing more than before. The price of Bitcoin has increased the most compared to all other coins in the market. Bitcoin has gained a lot of popularity around the world as a virtual currency. The future of Everything else coins is expected to be much better than I think.
the market is influenced by many factors, including the political environment, with certain statements by officials. at the same time, to date, the investment flow has slightly decreased, but this may primarily be a seasonal phenomenon.
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My answer is very simple, the price of Bitcoin has been low for a long time starting from the beginning of 2017, and this year it is time for the price of Bitcoin to rise. But there is one reason that in my opinion makes sense, namely Bitcoin has been halved and every time the Bitcoin price increases, and this has been predicted by many experts and seniors who have been in this Bitcoin market for a long time.
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Elon Musk, Bitcoin's biggest investor, still holds bitcoin, which means that the price of bitcoin could rise further.
Indeed, this person is extraordinarily sadistic because he has a large following and has a lot of money support from the company he owns to buy Bitcoin.
Elon Musk is also a frequent Shiller for DOGE coins but for sure Elon Musk is very supportive of Bitcoin because TESLA opens up space for buying using Bitcoin.
Bitcoin will soon go to the Monn due to various factors that have been seen until now in various online media.
Indeed. He's all over Dogecoin now - and in a few months he'll probably do the same trick he did with Bitcoin. I wonder how many times he can do the same pump and dump scheme before people following him on Twitter realize what he's doing.
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Indeed. He's all over Dogecoin now - and in a few months he'll probably do the same trick he did with Bitcoin. I wonder how many times he can do the same pump and dump scheme before people following him on Twitter realize what he's doing.
People won't notice until most of them go bankrupt. It's a fact, the vast majority of the people who follow him on Twitter hoping for a new pump are sheep who don't have the ability to learn on their own, so they wait for Elon to say something. Many of those people bought Bitcoin in the last ATH, and they also bought Doge in the last ATH, now they must be wondering what happened. There is no worse ignorant than the one who does not want to learn.
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Bitcoin prices have now dumped a lot in the cryptocurrency market. A few days ago the price of Bitcoin went up a lot but now it has dumped a lot again. I think Bitcoin will go back to its previous price and its price will increase more than the current one. So there are many benefits to investing in Bitcoin. I think Bitcoin will pump again in a few days.
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Bitcoin prices have now dumped a lot in the cryptocurrency market. A few days ago the price of Bitcoin went up a lot but now it has dumped a lot again. I think Bitcoin will go back to its previous price and its price will increase more than the current one. So there are many benefits to investing in Bitcoin. I think Bitcoin will pump again in a few days.
Big investors are withdrawing profits to buy back cheaper, it's something we saw a few weeks ago and people thought it was the end of Bitcoin (again). Global capitalization is increasing again, so there is nothing to fear, a little cycle and start over, and maybe hopefully we can see a new ATH.
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Currently the situation in the crypto market is very bad.Bitcoin, the king currency of cryptocurrencies, has seen its price fall as all cryptocurrencies have fallen.Bitcoin is currently priced at 42,000$. A few days ago, the price of Bitcoin dropped to 30 thousand dollars. Bitcoin price is taking a u-turn, it is a good thing for everyone.
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Pump and dump is natural and no one know the reason but I think we should see it as chance to make money. We must thank for people who create situation because without it market is like cemetary, quiet without rain.
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The jump in the price of bitcoin depends on many factors, one of them is the popularity of the project and it is only growing and because of this its price is growing. Even in some countries, bitcoin is legalized and this is another growth factor.
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, we are just seeing the market. But I don't know the exact reason for the rise and fall. If we know the exact reason why the price of Bitcoin rises and falls, then we can know something about the market.
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I think this is the more reason for the pump of bitcoin and also I think the halving which took part in 2020 has an effect on crypto and this is the outcome.
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Bitcoin prices have now dumped a lot in the cryptocurrency market. A few days ago the price of Bitcoin went up a lot but now it has dumped a lot again. I think Bitcoin will go back to its previous price and its price will increase more than the current one. So there are many benefits to investing in Bitcoin. I think Bitcoin will pump again in a few days.
Big investors are withdrawing profits to buy back cheaper, it's something we saw a few weeks ago and people thought it was the end of Bitcoin (again). Global capitalization is increasing again, so there is nothing to fear, a little cycle and start over, and maybe hopefully we can see a new ATH.
Most investors forget that part a lot that some Investors have a target they want to take profits because others think the market will continue to just go up and when such whales take profits at some certain price and the market witnessed a sudden dip, people cry that Bitcoin is going to Die and there have been many times of such news from times past.
Anyways, that is the nature of the market, up and down and for those that knws how to play it, will always make better profits.
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Currently the situation in the crypto market is very bad.Bitcoin, the king currency of cryptocurrencies, has seen its price fall as all cryptocurrencies have fallen.Bitcoin is currently priced at 42,000$. A few days ago, the price of Bitcoin dropped to 30 thousand dollars. Bitcoin price is taking a u-turn, it is a good thing for everyone.
The situation with the bitcoin price is repeated again. Again its price is at the level of 42,000 dollars, although not long ago it reached 69,000 dollars. It is unlikely that we will be able to find the true reasons for the rise and fall of prices in this market. Many factors influence here, as a result of which a certain price movement appears in this market. The cryptocurrency is characterized by very high price volatility and any throwing of large lots of it onto the market immediately affects the price.
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when there is good news I think the price of bitcoin will be very easy to make a price increase because bitcoin can have price movements when there are investors who enter and buy bitcoins in very large quantities.
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According to me, it is a simple thing that the value of bitcoin is increasing day by day, everyone is trying to connect with it. a lot of people like it.so its price automatically increases.
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It could be a lot, it could be the whales testing supply levels, and maybe if they got a lot, they let everything continue as it is, I know that until the offer ends at low levels, the price increase will not be completely comprehensive, another The reason is that people begin to see it as a safe haven, many have realized that banks are not safe, that to move their money they have to have and ask for many permits, this is something that is very cumbersome and the purpose of BTC is that everyone manages their money freely without asking for permission of any kind.
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When anyone person or any industry will invest a huge amount in the bitcoin then the Bitcoin will go high in the market and the price will pump. Crypto market is just run the all crypto market and this will go high more in the market.
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When anyone person or any industry will invest a huge amount in the bitcoin then the Bitcoin will go high in the market and the price will pump. Crypto market is just run the all crypto market and this will go high more in the market.
You're right when demand is so high, I think bitcoin price will pump.
If there are high amount of demand , we will see the pump.
I think It's cause of bitcoin price pumps.
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Bitcoin is the reason for the price pumping. This currency is the number one position in cryptocurrency. This is a virtual currency. This coin is currently used in almost all countries. Everything can be bought with Bitcoin. The value of bitcoins tends to rise just as more investors invest.
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I would not say it is currently pumping though. If anything, it's more or less consolidating.
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According to me, it is a simple thing that the value of bitcoin is increasing day by day, everyone is trying to connect with it.
What do you mean by "connect with it"?
If more people want to know Bitcoin, without buying it, the demand won't increase. The increase in demand for Bitcoin should be the first reason why Bitcoin price is increasing. I think people are aware to have Bitcoin as their asset lately since they know fiats values are decreasing so much.
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Currently the price of bitcoin is pumping at a very fast rate. If it continues to increase at this rate, it will definitely break the previous records. Bitcoin is a currency that is used all over the world. This is a popular one Virtual currency.
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According to me, it is a simple thing that the value of bitcoin is increasing day by day, everyone is trying to connect with it.
What do you mean by "connect with it"?
If more people want to know Bitcoin, without buying it, the demand won't increase. The increase in demand for Bitcoin should be the first reason why Bitcoin price is increasing. I think people are aware to have Bitcoin as their asset lately since they know fiats values are decreasing so much.
Yeah, You're right. The basic factors of bitcoin price are demand and supply.
If demand increasing and limited supply, I think bitcoin price will go up.
I think the reason bitcoin pumps now, because there are several positive issue.
Russian allow bitcoin mining and use bitcoin as gas and oil payment.
It's really good for crypto currency market.
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Yeah, You're right. The basic factors of bitcoin price are demand and supply.
If demand increasing and limited supply, I think bitcoin price will go up.
I think the reason bitcoin pumps now, because there are several positive issue.
Russian allow bitcoin mining and use bitcoin as gas and oil payment.
It's really good for crypto currency market.
The truth is that we are not really seeing any pump as Bitcoin has not been able to reach $48,000 although it has come pretty close. Right now, Bitcoin is closer to going down to $46,000 than it is to going up to $48,000, and that stops the chances of breaking the $50,000 resistance, which is when a real pump can be seen. But I think it's too early to rule out a substantial increase.
Some Russian ministers put forward proposals to legalize crypto mining and accept Bitcoin as a payment method for oil and gas exports, but these have yet to be approved.