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Author Topic: Cause of bitcoin price pump!!!  (Read 13520 times)

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Re: Cause of bitcoin price pump!!!
« Reply #135 on: March 18, 2021, 06:45:54 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #135 on: March 18, 2021, 06:45:54 AM »

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Re: Cause of bitcoin price pump!!!
« Reply #136 on: March 18, 2021, 10:46:14 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #137 on: March 21, 2021, 09:43:42 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #138 on: March 21, 2021, 02:24:28 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #139 on: March 21, 2021, 06:48:08 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #140 on: March 21, 2021, 07:33:58 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #141 on: March 22, 2021, 03:41:16 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #141 on: March 22, 2021, 03:41:16 AM »


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Re: Cause of bitcoin price pump!!!
« Reply #142 on: March 22, 2021, 04:00:57 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #143 on: April 14, 2021, 03:32:26 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #144 on: April 14, 2021, 05:57:20 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #145 on: April 14, 2021, 08:15:05 AM »
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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Re: Cause of bitcoin price pump!!!
« Reply #146 on: April 14, 2021, 09:51:18 AM »
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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Offline raisajahan

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Re: Cause of bitcoin price pump!!!
« Reply #147 on: April 14, 2021, 05:48:20 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #148 on: April 15, 2021, 12:06:41 PM »
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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Re: Cause of bitcoin price pump!!!
« Reply #149 on: April 15, 2021, 01:59:48 PM »
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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