Why is the price of Bitcoin rising so much?

[yashwant]

The trend of bitcoin is growing rapidly. There are big investors to invest in it. Therefore its price is also increasing rapidly. Many investors wish that by the end of 2019, its price will go to $ 100,000.

[AlviNess]

I have been watching this topic for many days. I think there is some reason to discuss a similar topic because the value of bitcoins is increasing in a spectacular way.The rise of Bitcoin is really beyond everyone's comprehension. So the only question for everyone is what is the reason behind the increase in the price of bitcoin

[msz900]

The trend of bitcoin is growing rapidly. There are big investors to invest in it. Therefore its price is also increasing rapidly. Many investors wish that by the end of 2019, its price will go to $ 100,000.

Bitcoin is attracting more and more investors and many Big companies are now taking interest in BTC. Huge investment will pup the BTC price which leads its target to $200k.

[Sharelock]

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Anything can happen, bitcoin to a price $ 100,000 to $ 500,000 is possible.
Most important thing is that as long as there are large investor who are willing to invest in bitcoin the price will always go up.
Like the big investor Elon Musk. Only one large investor who bought bitcoin was able to make bitcoin price up to $ 47,000
What if elon musk could inspire big companies to start investing in bitcoin, it would definitely cost a lot more bitcoin

[Galaxy]

Yes, it is true that the price of bitcoin is rising. I think most of the small traders are investing in bitcoin. That is why the price of bitcoin is rising. At present the price of bitcoin is 46k dollars. I think the price will skyrocket in the future.

[Angel jara]

The richest person in the world whose name we all know is responsible for the rise in the price of Bitcoin. Bitcoin is one of the most popular cryptocurrency markets in the world after Elon Marx joined the cryptocurrency market.

[DAMKAR]

What can you consider by looking at the current price of Bitcoin. If you cryptocurrency Analyzing the market, you can see that Bitcoin has already crossed 43 thousand dollars.Why is the price of Bitcoin suddenly rising so much?What do you think will be the price of Bitcoin this time?Looking forward to the opinions of various senior experienced brothers.

I think, there are several reasons why bitcoin is rising so much, I see many people , investors, companies and famous people as such as Elon musk have bought and invested in bitcoin. They have good effect to bitcoin and altcoins.

[Markuri33]

The price of Bitcoin currently exceeds 52,000 dollars. The way the price of Bitcoin is rising, it may not take long to cross 70,000 dollars now. Now maybe Bitcoin's target will exceed 70,000 dollars maybe it will take one to one and a half months to cross 70,000 dollars.

[fadl4]

I think, there are several reasons why bitcoin is rising so much, I see many people , investors, companies and famous people as such as Elon musk have bought and invested in bitcoin. They have good effect to bitcoin and altcoins.

It looks like elon musk bought a lot of bitcoins so that it was able to make the price go up, but will bitcoin prices go down again like in 2018? I hope not

[Duckenth]

It looks like elon musk bought a lot of bitcoins so that it was able to make the price go up, but will bitcoin prices go down again like in 2018? I hope not

The increase in the price of Bitcoin at this time is truly extraordinary, Elon Musk and his friends have invested heavily in Bitcoin and this makes the whales hunt for Bitcoin.  Stay careful with this high Bitcoin price increase, be aware if the price suddenly drops.  But hopefully there will not be a repeat of the decline in prices like what happened in 2018, because if you remember again the decline in time was very painful for me.

[aiviaa485]

Judging by the rapid increase when Bitcoin was at the All Time High 2017 price, there everyone has the position to feel afraid to lose the train and I'm sure they are also including me very amazed at this price increase.
Then many Whale-class investors entered to buy Bitcoin and created news that Bitcoin would greatly increase in price in the future, this news made everyone believe to buy more Bitcoin and altcoins that were on the market.

[innerpumper]

That's because some big projects are starting to support bitcoin. Even one of Tesla's global projects will enter bitcoin with a balance sheet. And some payment companies will support bitcoin payments such as visa and PayPal.

[Tunir Baap]

What can you consider by looking at the current price of Bitcoin. If you cryptocurrency Analyzing the market, you can see that Bitcoin has already crossed 43 thousand dollars.Why is the price of Bitcoin suddenly rising so much?What do you think will be the price of Bitcoin this time?Looking forward to the opinions of various senior experienced brothers.

Bitcoin prices are currently pumping. Bitcoin prices have continued to rise since the end of January.The price of bitcoin was close to k30$ at the end of January. But in these few days the price of Bitcoin has risen and moved closer to around 60 thousand dollars. I can't say for sure why the price of bitcoin is rising so much.

[gotbounty]

Initially, the Bitcoin price is increasing so high always relates to the supply and demand of the coin itself in the market. However today, there are also some fundamental reasons that influence the price rising higher and higher during this era. That is why the price may keep increasing.

[Octoalts]

The price of Bitcoin will not always go up, there will come a time for the price of Bitcoin to fall because the price of Bitcoin is volatile.  If there is a large company like Tesla that will accept Bitcoin as a means of payment, of course this is very good.  And this can also push the price of Bitcoin up, but we have to be careful when the price of Bitcoin is high like it is today.  Prepare a strategy to anticipate the decline in Bitcoin price.