Cause of bitcoin price pump!!!

[mlawson71]

They didn't just invest 1.5 billion in Bitcoin, they also announced they will allow payments in Bitcoin, which, I think, is just as huge as the massive investment.

[Black ID]

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.

[naitik01]

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.

[SkyRocket]

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.

[Gubre]

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.

[SkyRocket]

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.

[tamango]

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!

[Bad leyar]

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.

[XM8]

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.

[AlviNess]

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.

[Chita76]

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.

[Galaxy]

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.

[Angel jara]

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.

[Carbitcoin]

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.

[Chiblex]

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 .. .