Not barely 48hrs the price of bitcoin moves from 52k to 60k like I was mean to asked if there is any positive news that gives rise to this sudden increase, though wasn't expecting bitcoin price to remain stationary but they way it moves seriously increased without any delay or is there any whale that came to buy at huge? Please if there is any news that relates to sudden increase don't hesitate to share here.
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.
If you use the word "manipulative", then you are not wrong, because personally, I've been thinking along the same line.
Bitcoin moved to and above $60,000 after dropping down to below $50k some days back, and yesterday, the price touched down to around $56k, and just as I am writing this post, bitcoin is a little above $58k.
I understand that there are perhaps, millions of people around the world buying and selling bitcoin, which is the reason for all the sudden and fast price changes, but still, I believe there are some whales somewhere manipulating the price to their own benefit, ordinarily, the price of bitcoin by now should be above $70k, but seems there are some forces holding it from going cross $60 - $65k.