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Author Topic: Cause of bitcoin price pump!!!  (Read 12683 times)

Offline KryptoBull

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Re: Cause of bitcoin price pump!!!
« Reply #30 on: February 09, 2021, 06:13:30 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #30 on: February 09, 2021, 06:13:30 PM »

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Offline shadowdio

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Re: Cause of bitcoin price pump!!!
« Reply #31 on: February 09, 2021, 06:21:20 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #32 on: February 09, 2021, 11:18:13 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #33 on: February 09, 2021, 11:59:42 PM »
For the past few months now bitcoin have been pumping and I don't know the reason behind the pump pls I will like to know the possible reason behinde bitcoin pump and will it still continue to pump or we should expect a retrace or a dump!!!

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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Offline Azaleea

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Re: Cause of bitcoin price pump!!!
« Reply #34 on: February 10, 2021, 01:42:07 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #35 on: February 10, 2021, 06:06:10 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #36 on: February 10, 2021, 07:35:14 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #36 on: February 10, 2021, 07:35:14 AM »


Offline Cz Rock

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Re: Cause of bitcoin price pump!!!
« Reply #37 on: February 10, 2021, 08:34:30 AM »
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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Offline Paglamon

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Re: Cause of bitcoin price pump!!!
« Reply #38 on: February 10, 2021, 09:45:19 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #39 on: February 10, 2021, 11:49:19 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #40 on: February 10, 2021, 12:49:27 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #41 on: February 10, 2021, 01:03:07 PM »
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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Offline LeziT

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Re: Cause of bitcoin price pump!!!
« Reply #42 on: February 10, 2021, 01:18:15 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #43 on: February 10, 2021, 01:28:26 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #44 on: February 10, 2021, 01:40:39 PM »
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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