Bitcoin Forum

These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/ (https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/)


Any other explanations as to what's causing this BTC upsurge?

We can't actually pinpoint what's the "exact" reason behind the current strong demand that leads to a price increase. There are lots honestly that we can consider as reasonable factors.

You can refer to some crypto news portal around and take those recent news as reference. Don't want to link some as it was easy to search. From there, you can speculate what could be the reason for this price increase movement.

I feel like this US vs China trade war is definitely favoring Bitcoin.

BTC is going up because IT HAS TO GO UP. People are starting to believe in it as more than a way of storing value. Like the article says, there are more and more apps out there making it easier for people to use BTC.

Valentine Month:-* Its Valentine month for BTC as it has blushed so many times and give love and happiness to BTC trader ;)

An early Christmas gift maybe? BTC is doing good now and I see a good movements in cryptomarket though specific reason is still unknown. The pump of bticoin usually made of a good news or just a small up and then dump later on. We are waiting for a bull run and now is the best time to confirm the bull run, I'm satisfied on what's going on with BTC right now and I hope that it will continue to give love to us and a big profit.

I am happy for btc but honestly I don't see a logical reason for this sudden rise. Therefore I fear there might be a sudden drop so I am just waiting for now.

Possible people looking forward for the Bitcoin reward halving next year.  It is proven in the history that BTC goes up once Bitcoin block rewards halved.  You can see it on this chart.

https://pbs.twimg.com/media/D2Bv5CTXcAIAMbG.jpg
Image taken  from : https://twitter.com/GrayscaleInvest/status/1108008602806218753/photo/1

This is what people are looking for right now.  The reason why Bitcoin price is surging

I don't know, I think we should look for reasons back in April when it all started. For one, Bitcoin was not supposed to fall below $6k in the first place, so a correction was expected to happen. Prior to Bitcoin starting to go up, there was some time when the trading volume was building up. The price did not change much, but it was clear something was going on. Eventually, people did what usually happens when there's a lot of trading going on: they started making deals at higher prices. When the positive movement started, others had FOMO and decided to join as well. And after all, Bitcoin was expected to recover.

No logical reason? Seriously? Do you even bother to read the news regularly? A string of positive news like Bakkt team providing an update, Fidelity helping institutional investors enter the market, more and more companies like Starbucks etc adopting BTC, the US-China trade war etc are sufficient reasons to justify the rise.

More and more positive news continues to pour in with time which is why this is not some kind of inorganic surge which could erupt at any moment. BTC will probably continue rising for the rest of the year and might touch $13k by the end of the year. Also, negative news like the Binance hack did not faze it too much proving how resilient it has become with time.

your expectation also possible at anytime because anything will happen in crypto market. But if you have good knowledge in trading your never worried at anytime because peoples are continuously participate in Bitcoin trading so surely it will raise in future. Sometimes little drop also possible so we can fix some percentage then concentrate the crypto investment is good for our future investment.

I've never heard about those apps,which means that aren't very popular. ;D
How can two not so popular boost the bitcoin price?You tell me...
This article is mostly BS...

thanks to the bitcoin market confidence that has been able to boost market prices since March. noting else. since December 2018 there has been a lot people waiting for bitcoin to climb, and at the right time investors welcomed the sign. no one able to create a good market for bitcoins other than the users and investors.

The value of 1 Bitcoin is given by the amount of work that has been done to obtain this 1 Bitcoin. It is the price of the energy necessary to produce this bitcoin, and many things that were used to manufacture this bitcoin (people salaries, electronic equipment, etc). This is approx. 6000 to 8000 USD now. We can not forget that market gives the price of a currency.

Because the difficulty to obtain the bitcoin goes up with time, the price of the energy, the people salaries, the price of the electronic equipment, etc goes up with time.  Once every 2 to 4 years the bitcoin has approx. a constant value for 3 to 7 months.

This value is the approx. the price of the energy, salaries, electronic equipment, etc. necessary to produce the bitcoin.
Then it comes the market value. To go to a new constant value (20x to 30x higher) there is an exponential increase.

The market value is given by the appreciation of the people using the bitcoin. If many people use the bitcoin because the bitcoin is very good, then the Bitcoin market price will go up.

In 10 years of there was NO MISTAKE on the Blockchain.




  

This is happening because people are expecting it to happen.
How people think mostly affect the future of Bitcoin price.Our expectations sometimes reflect on our actions.
Most holders aren't selling but holding continuously.I think it will lead to better prices in the future.

the increase in bitcoin is only because the demand for bitcoin in the crypto market is increasing and it is true that news can also help to raise prices (if positive news). But in my opinion this increase arises because the trust of investors has increased rapidly so many people who want to buy it then hold.the increase in bitcoin is only because the demand for bitcoin in the crypto market is increasing and it is true that news can also help to raise prices (if positive news). But in my opinion this increase arises because the trust of investors has increased rapidly so many people who want to buy it then hold.

Agree, it's the investors and traders who's keep bringing the value to rise, speculations over another keeps creating this rise, if you will follow the trends
there's no real news that can bring this hyped, only buyers and holders are making it possible and thanks to them we are now getting more positive growth
with our invested money.

Strongly in support with your chat, back then people would love to secure their place before the halve kick start, just not to be left behind. That reminds me that, the surge isn't be expected before the halve, as it will surface after the halve, thanks for the enlightenment and refreshment. 

This is Lolli:

https://cryptotradernews.com/cryptocurrency/try-lolli-for-bitcoin-rewards-back

https://www.lolli.com

This is casahodl

https://casahodl.com

Do you really think Casahodl and Lolli would be responsible for the increase in prices? it seems to me that the author of the article is only advertising these two companies

Bitcoin has said to repeat its history and I think the same thing is just happening. The same thing happened last 2017 so I believe that the same case could happen this year. Btc is increasing and people are hoping for a better value. This year could be a year of Btc.

you should seriously stop advertising your website like this, you won't get that much traffic to it to mean anything for your. instead try to write better articles instead this crap which you keep writing and posting the links to it on this forum. by doing that you are only lowering the value of your site because next time we see that link we automatically know it is a clickbait low quality crap. for example in this case these applications you chose are too random and people don't even know about them and most probably some of them are scam applications trying to steal money!

Don't care about the news to explain whether or not bitcoin is up or down. You only need to care about the value of bitcoin, news is just a tool to inflate to attract readers of web sites . Without accurate information explaining the price increase of bitcoin, only the value of bitcoin is unchanged. When people realize the value of bitcoin, they will need to buy it, the price will automatically increase.

It would always be hard to explain why the price increased,
But we all know how it works the stocks and demands ,
We couldn't really know the reason why people are starting to invest now .
We always look for an explanation and the reason but why would it matters?
Would it change the fact that the price has already been moved?

I don't think this two apps help the bitcoin price grow, the bitcoin price grow because the demand for it was high and people start buy a lot and this happen also because some whales buy it.

I think the adoption of bitcoin by Fidelity investments corporation has more to do with this increasement in btc price than some online shops and real estate agencies (although every help is welcome).
Plus, you know when this pump started there were also good news about the launching app Flexa, in cooperation with several other shops, including famous brands like Starbucks.

In fact, the expressive pump is more about speculation than anything else, I suppose. Some good news, like those mentioned here helped the pump to start, but what maintains and keeps it going are the speculators.

Bitcoin has experience a turmoil over the past year and it risen has been faced with fierce resistance. It is now healing the breeding wound and as everything is determined by demand and supply, the demand is gaining grounds while those who have hold it for long time with their patience is unwilling to give it up. This upsurge will be over when there is a breakout at 10,000 and a bull run began. Thats my opinion.

yep, I think this is the reason. Bitcoin does have a big influence on the price of bitcoin where the reduction in the mining block will make demand greater than supply. Although halving is not felt instantly, at least we can prepare ammunition for the month, before the price actually rises after one year.

BTC is going uup because people in china and the us are fuc**** tired of their politicians' bs.

Enjoy the moment because it's definitely coming back down again... This is just a good cycle. Not as good as the one from 2017 though.

Anyone can have their own version of events on why the market is going up and we really cannot pinpoint exactly one reason for the market recovering this fast, the only thing you can be certain is that there is a huge flow of money in the market and some are collecting the coins in huge numbers thinking about the rally it can achieve after the halving and that is the only possible answer i can think of right now  :).

You had a point and possible because if people start to believe and become interested to bitcoin the demand volume will increase that way can help,for bitcoin price upsurge.
In own analysis one of the reason of bitcoin upsurge at this time because the World economic going to stable to growth and investors investingbin bitcoin.

I haven't seen and heard about these apps but if it regards to the price movement of bitcoin and it helped gathered information about the possible move, I still don't have an idea on how it works but I'll take a look on it afterwards. The time that we're looking today is the possible ending of the bearish market and this convince that we should look at the positivity of the market. Demand is simply increasing that results to the increasing price of bitcoin.

I think the main reason for bitcoins price going up is that people are starting to buy it because of the bitcoin halving that will happen in 2020. Also adoption is gradually increasing big companies like Facebook are starting to invest in crypto and this will have a huge impact not only with bitcoin but with overall crypto market.

There's no exact answer to this. There is no specific reason it is going up. Sure, there can be some news, but that doesn't mean it's the reason it's going up. Bitcoin goes up in price, and down in price.

No, it isn't connected.
Both country not about Bitcoin for them issue trading war. They want to handle world market only.
They isn' accept bitcoin as payment to trade them war.

It can be seen that the market is showing signs of strong recovery just like the first half of 2017.

The price of bitcoin has now rebounded to $ 8600 and is still on a very strong uptrend.

The cryptocurrency market is strengthening day by day. Although the percentage of frauds is high, but in the end the situation will begin to stabilize when more professional teams arrive, taking into account the sad experience of last year’s start-ups. That is what is going with bitcoin, it’s moving forward

I am skeptical about such an analysis. Why these people made such conclusions can only guess. In fact, it seems to me that the reason for the rise in the price of bitcoin is a combination of various factors, and how often they say "it's just time for growth". This happens when the whales have formed their investment portfolio and completed the purchase at a price convenient for them. Good news for cryptocurrency has been before, but it did not affect the market. It is likely that we have witnessed a new bull market.

Bitcoin has a very strong recovery.

  At the moment the price of bitcoin is correcting at $ 8600 and according to my observation, the price of bitcoin will continue to rise sharply because currently bitcoin is trading heavily on many exchanges.

Its predicted that the price of BTC might reach $20,000 by September

There are many possible reasons for bitcoin to continuously pump like what is happening now. Good news really affect the market.  I do think that from the previous long bear market, bitcoin is getting back that moment. Well, we can't really say what is the real reason for the bull run of btc since halving will gonna occur next year.

I've heard the fidelity investment (https://www.chepicap.com/en/news/9614/3-reasons-why-bitcoin-is-pumping.html) case is one of the reasons for the pump.

Bitcoin did not fall and rose in vain. Everyone got a valuable lesson, that the most important asset for success is your knowledge and caution.

In my opinion, holding them won't affect the price, if more people will invest in bitcoin then only the price will rise. thoughts?

Keeping calm and carefully analyzing the market, you can succeed in cryptocurrency btc trading. Now we are seeing an influx of new forces into the market, thanks to the fact that large companies have expressed their support for the blockchain. So it will be important to prepare for active trade.

That long bear might be the very reason why we are now seeing this pumped, investors and traders are simply trying to accumulate before the halving will take place next year, they are expecting more rise as the news will bring impact to this market, if things will happen again with the same cycle each time halving occurred.

I hope that investments in cryptocurrency will attract even more people than now. And also it will create a request for the appearance of a large number of educational centers. Only by increasing your knowledge, you can be more protected from the fact that you will fall for the tricks of fraudsters. Although many of them are able to do attractive advertising

This is a nice little trick to get free traffic to your website or your guest post, but answering your question no I don’t think those apps are the reason why bitcoin prices are rising. Bitcoin prices have been rising because there’s demand for bitcoins, people are starting to accumulate bitcoins in huge numbers and there’s positive sentiment in the crypto market. There maybe other factors too which are influencing bitcoin prices for e.g. USA vs China trade war, though I’m not certain about it’s effect on bitcoin prices.

Actually this is good because bitcoin price is increasing and peoples more happy to this but i don't know correct reason.

Although it increase, we still need to be careful because bitcoin still unpredictable and still moves in any price. So you need to keep alert for the price and it is better you have a back-up plan if somehow bitcoin price is moving without you know. But I am sure that for the next months, bitcoin price will increase higher and in the next year, we might see bitcoin will reach the highest price again like in 2017.

100% sure that that is not the reason for btc going up, feels like alot of people just want to find a reason for everthing, it might be so that it was time for btc to go up easy as that. been in a down market for over one year so was about time.

in my opinion it is not a significant influence on the increase of BTC, many other factors that trigger the increase in BTC are the most fundamental is the purchase of BTC in large quantities to be one factor that triggers a significant increase in BTC.

i think do not believe as early but its okay that he say that bitcoin will going up and there‘s no slandering that happen,and for do not base your perception about bitcoin by other coz if you want something that happen you will do anything for it.

I don't know what really caused this increase, but this improvement is a joy and a fresh breeze for me after the panic continued from the beginning of this year.

It went to +9200$ 2 hours ago and now its 8500 and all alt coins are decreasing, do you know what happened?

Is it related to Bsv going to 44$ again? Looks like so...

I cannot stop admiring the guys who are deep in crypto. Whatever happens, we never lose hope. And now, when Bitcoin is really up, everything seems to be even better than it is. 2019 will hardly repeat 2017, but it will be not bad for us.

Not only fidelity investments, there are many projects keep on adopting blockchain technology implementation for their security betterment to grow higher in the marketplace. These kind of good news should fall everyday and give the decent growth for the bitcoin to increase the bitcoin value equilence to fiat value.


Now market also for bitcoin and Ethereum seems growing higher and higher in the every exchanges. Lets give hope for the 10k value soon.

I am very happy with what you are talking about, everyone wants the price of bitcoin to grow big. most people believe this happens and that will happen which causes the price of bitcoin to grow big
 :)

Btc prices will continue to grow as 2019 is the year of growth and prosperity. Btc has reached to 8700 already and will cross 5 digit mark soon in coming time. So better to stay invested in this market and make the gains during the bull run .

I don't think bitcoin is being manipulated by whales right now.. I think lots of users are buying bitcoin at same time.. not like there's any potential cause to the rise in demand

In my opinion, the increase in the price of Bitcoin is very simple. That is a high demand from users and bitcoin holders holding strong. I don't think it has anything to do with any application. And maybe this has indeed changed the bull season, and the bear season has gone far. The increase in the price of bitcoin which almost reached $ 9,000 was a very reasonable thing. My prediction is above $ 10k for this year. And I think that is very likely to happen in the near quarter 3 of 2019. There is nothing strange for me right now, it is appropriate for bitcoin to rise to the top, after dropping almost to touch $ 3000.

We all know that the volatility of cryptocurrency is the reason why this become very interesting

And we cannot discredits the whales on who’s commonly says manipulative about the prices,but of course this is not proven until now lol

yes thats right, maybe right now BTC has been down for correction, and it's time to buy. I'm sure this year will be better than last year, BTC has grown to a range of $ 8,700 and then we wait BTC at the highest level as in the previous year in $ 25,000 so keep invest in BTC if you are sure BTC will going to highest level.

Maybe politicians are buying many bitcoin, and after they are done, they will force the bank to take a positive stands on bitcoin and boom, they are supper rich when it eventually hit the sky. I honestly believe some power men are secretly buying and storing bitcoin.

We don't know that, but I am sure that there is much reason for bitcoin price to increase and we don't know the details.
We should use the increasing of bitcoin price to make our profit because we are a long time without making a profit from bitcoin.
But that could be true because there are so many people with huge money that invest in bitcoin because they want to make a big profit from bitcoin like what we did.

Possibly the institutional investments. It seems like Bitcoin is becoming more stable within the market. The high swing volatility is becoming more predictable. People are going all in but with due diligence this time.

Bitcoin's price has been increased and I still believe there will be a continuous growth especially in 2019. Bitcoin has more to offer its investors and this is the time to buy.

The current scenario surrounding the Bitcoin is the best as BTC is flying high though it is coming down for support yet again it is taking the high jump to surprise their lovers.

Bitcoin is doing well, it has a positive trend and that's good, but I don't think it will be comparable with 2017, that's too optimistic to me.

I agree. There would always have good change in bitcoin and it actually started. The potential of the coin stays and that bring hope that even you invest today, there could gain good profit when time the price get more higher.

Bitcoin (https://coincodex.com/crypto/bitcoin/) experienced a small rally from the last drop, are approaching new yearly highs? Read more in this short technical analysis:

https://coincodex.com/article/3940/bitcoin-price-analysis-btc-surge-restarts-after-rsi-rebounds-at-50/

Stable for the time being it is but the most drastic drops are over. BTC is gaining some traction upwards and it seems that people are starting to buy back again.

I think that is a big investor where buying shares from the coin trade, which at any time goes up and down the main cryptocurrency makes bitcoin stronger.

Many began to actively buy BTC, even some of my friends. However, I met a reverse strategy. Some are starting to sell bitcoin now, since unexpected growth usually doesn't lead to anything good. ???

I also think so, all the factors mentioned cannot possibly be one of the causes of the increase in bitcoin. only requests and offers may be one of the main causes. so I think this is a strong desire from bitcoin buyers and they buy in large quantities resulting in a significant increase.

Nobody can answer this question in my opinion because Cryptocurrency has a global market which means any news around the world could dominate the new trend.
At present, there are many positive news spreading in the market like a wildfire. News such as Facebook's Libra coin, the upcoming halving, US vs China money game etc.. are in trend and dominating the crypto market.
So we can't say whats exactly boosting the bull market. We should just be happy that the long bear market is finally over (though it has been time since the bear market was over).

I think only an application will not result in an increase in bitcoin and is a major factor. I think the huge demand for offers and purchases from many people is wrong or the cause and that's the absolute thing.

Honestly we can't point out what is the exact reason of Bitcoin current demand and current zone. But we can say some factor those actually related with this such as some big news about crypto, for instance, libra project on behalf of Facebook announcement made huge controversy about Bitcoin and all crypto currency as well. So we can't what's going on and what ought to be.

Yesterday the price fell low to $10000 and once again it rallied back reaching above $10000. Similar to the price move today there was good increase in price from the value around $9800 reaching a bigger value above $10100. Soon in a very short time period the market experienced a big blow falling low to $9400. There is nothing specific about the market crash, I believe this as the effect of large volume of fund in large volume getting moved within wallets. Probably this gets recovered within days and if it isn't showing signs of growth the right choice is to hold.

True, it may or may not be true that these may be the factors on why Bitcoin has been going up these past few weeks, although I don't think that we can easily state here that these apps did help out accumulate a better result for BTC, other than that there are other probable reasons due to Bitcoin going up, nobody can really tell but if it really did help out BTC's current state then it is indeed good for us to get the benefit.

I think its possible for BTC to hit 20K by the end of the year. However, its hard to predict the price and even experts get it wrong.

However,  as long as you respect the rule to never invest more than you can afford to lose, you can take an assumed risk.

I've seen a lot of prediction from a couple of blockchains experts in recent time, I think this is the real scenario of this trend like the price of Bitcoin ups and downs. If you took the example of the last year's ending then you might get a good assumption regarding this issue.
I hope Bitcoin price will touch another milestone very recently because this platform I mean Blockchain is getting accepted around the world and people are getting in touch of this system in these days. I also believe that Bitcoin will be the most vital coin and it will be the most precious coin also in the future.

There have been good news since Q4 2018. Even when the dip to 3K happened we had only good news. I cannot deny Tether had some part to do with the price exploding to 14K and this will be reflected later on a possible dip.

You should know that both China and The US government are supporting the Bitcoins now.
US government is just expecting people to pay their long due unreasonably high taxes where as the Chinese government is actually being open about bitcoins and now telling people how it works.
Both are actually in support.
Don't understand why you would say that.

The trade war between China and the US doesn't have anything to do with bitcoin market move. The bitcoin value is irrespective of the market situation prevailing around the world. In recent days there is good news happening around the world connected to bitcoin usage. China too has shown some positive signs of regulatory usage of bitcoin which will serve as the boosting over the falling months.

The development of Bitcoin still attracts market participants. Moreover, the potential increase in bitcoin prices is increasingly tempting to buy. It is worth to know that the Halving Day cycle is one of the increasing bitcoin price factors. But there are also a number of other factors that are in the price of bitcoin, such as Fidelity Digital Assets that provides custodian services and Bitcoin trading for large investors.

Whales decision to pump and dump the market would not aggravate if we don't follow that drive.
They know people will panic when their FUD and buy when there's hype, they are taking advantage of that reality now, and while they took advantage, they are also making money on it.

since December 2018, there have been many people waiting for bitcoin to rise, and at the right time investors welcomed and finally boomed, bitcoin shot fast and everyone felt happy. no one can create a good bitcoin market if investors and users don't click.

It's true that whales are taking advantages on the situation in the market especialy when the panic selling is going on.
But honestly I don't think they can influence market so much they can start pump or dumps process according to their wishes. This sounds more like a conspiracy theory to me

not everyday because there are days that negative news pops out and most of the times negative news are bigger than the positive one  . a good example would be the hacking incident that are happening on major exchangers lately  .  

@op , you shouldnt be confused if whats happening with btc because the state of btc is still normal or usual than on what we experience before  . its value is still volatile and sometimes it pumps but most of the times it dumps  .

I wish you could be right, and Bitcoin would reach 20 thousand, but there are not too many chances for it, unfortunately. I guess it can happen in 2020. Bitcoin halving will launch the rise of this cryptocurrency. Now, the maximum that BTC can reach is 15 thousand. However, if it reaches 15K, the decline of the market will start after this event very soon, in a couple of weeks.

How many days ago Btc increased because new investors came into the crypto market, and when new investors started coming to crypto market, the price of bitcoin started. If we compare it with our real life, you will understand, as you have gone to the market to buy fish and many people have gone to market to buy fish, now if there is only one good fish in the market and everyone wants to buy that fish then that fish The price will rise. And if there is no buyer without you to buy the fish, then you can buy as little as you want. Hope you understand.

Probably this  is all the questions now whats going on to bitcoin. Because its not growing fast people expecting of the higher volatility but its not working. Maybe in few months bitcoin will go back to normal. Bitcoin will go back to 20k 50k each. I don't lose hope that time will come soon.

the number of purchase requests is one of the biggest influences for the increase in BTC prices and currently with the crypto market more and more requests can be seen from higher volumes in CMC. compared to a few months ago the current price of bitcoin is getting better and many predict that early next year will be good for bitcoin holders because many believe the price will be very high, hopefully it really happens.

there is no solid proof that past performance of btc can contribute to its future because if its true then why btc today is still down ? however it is true that there are now more people knew about bitcoin but those people still solds thier coins on some other times resulting for the value of btc to decrease   .

some says that not all volume is legit .  no matter how huge those volume you see but the price of the coins is still the same  , that still makes no sense at all .

Pinpointing a particular factor or allocating a particular cause of the upsurge of bitcoin will be a very difficult thing to do and even a mistake to do that. I believe it is as a result of multiple factors or maybe history is repeating itself as it happened in later part of 2017. Am believing that it won't drop to the extent that happened in 2018.

That is because you chose to pick on the negative news, and I guess that he is the type that ignore negative news which is what I do every day, there are lots of news that comes about bitcoin every day, both positive and negative, but what I have learn to do is to always ignore the negative ones, except for those that are trading with bitcoin, then we may say that they need technical analysis and also news to be able to trade.

For those who are into Long-term investment, I am not so Sure that we really need much of that negative news since our ultimate goal is to have our investment stay till bitcoin yield the highest possible result in future which I believe that by the end of this new bull run, bitcoin will reach over $35k in value.

I don't think there is much to say about the surge in BTC at current market price as the market has been in bear for over a year and just trying to recover should not be a much headache to us all , though many thought bitcoin still need more down trend to $1000+ before we see a surge to moon but it has bounced back from $3200 area which is still very OK with 85% down compare to the ATH price .

It will increase in the next year, and you can hold your bitcoin for one year later so you can sell bitcoin at the highest price. If that price can reach $20k or more, then I am sure that we can repeat the history that happened in 2017-2018, and we will make a bigger profit. But then, we need to be patient because bitcoin price now still struggling to break the higher rate. Until that time, we could only wait and enter the market if we want to get more profit and more bitcoin.

I agree that there is a big impact from the rise to bitcoin from the economic downturn, but with the launch of Libra etc. I don't see it as a trigger. and it should also be noted that brokers who play against bitcoin also have the most influence.

The analysis can be true, but it can also be wrong and there is no influence at all because we know that there are already many stories about this.
I also cannot properly analyze what happened, but could it be due to the economic slowdown or the trade war between the US and China? but if you see the improvement of crypto, it doesn't seem like it is and there are still many projects that fail and become a scam.

Of what use it is to ask question that one will never get answer to, and even if someone tries to use analysis to explain things, that may not be the real thing that is making bitcoin price pattern behave the way it is behaving at that particular time.

Bitcoin system is an undergoing process, and it is a system built for global use, so we will always get some factors from various part of the countries that will make bitcoin to either appreciate or depreciate, but no matter the factor, we all know that there is always a point where we have the presence of bull run and that is when bitcoin peak for the main time, which is the ultimate goal that most of us should be watching out for and be doing everything we can do to make it happen as quick as possible.

I agree also. but even if it is not announced the price of bitcoin will still rise. We all know that Bitcoin's price is unstoppable even the mining of Bitcoins total is nearly finish. So bad news or good news in a countries economy, bitcoin will continue because it will not affected.

Actually, everything is normal. Bitcoin has been volatile for some time and will stay longer depending on the news.
It will be interesting, if in fact important countries introduce their own national currencies.

I don't think that will be effective at all. Imagine, North Korea releasing their own currency and saying that it will be offering its users full anonymity with each of their transactions, will you believe that? It will be more interesting if the countries stop banning, stop overthinking about bitcoin and crypto currencies and start accepting them.

That's right, bitcoin is well known for its volatility so no one can predict what will happen to its value. It may be down a lot this year but hopefully when we reach the halving time bitcoin will be on top of the news again.
So the best thing to do is just to hodl and focus more on getting a lot of it.

Many people have given a reason as to while the price of bitcoin might be going up or down. A lot of people believe crypto is highly manipulated can control by people that have the largest holder of the assets, popularly regarded as whales. News regarding crypto has also proven to have both negative and positive impact on the price of bitcoin. large exchange hacking and lost of a huge amount of crypto can also influence the price. You can start to think about all this now or jump in and invest at your own risk. Crypto is volatile

In other words, no one can stop Bitcoin because even the children nowadays already knows what bitcoin is and some of store here in our Country are already use Bitcoin for payment. Well it is a good news for Bitcoin. So I agree with you that Bitcoin sometimes have a high volatility but it's normal, like what I said, Bitcoin is already known, anytime there are more investors will invest for it.

The price of bitcoin is rising or falling because it has a high level of volatility. He must behave this way by nature, since he is decentralized. Now the price of bitcoin has stabilized for some time and, in my opinion, such a state is unusual for him. Now Bitcoin should be preparing for autumn growth, and at the end of summer its price stabilization is typical for it. We expect by the end of this month the beginning of the second stage of its price growth.

Thanks for the sharing grap helpful yes now Bitcoin price good day to rising $10588 between year 2018. Since i received some grap and community about Bitcoin price of this month September to mid - October can be cross $15000. Actually I don't know it will be possible or nor but seems like this is good time to buy bitcoin and hold i hope it will be possible.

There are many factors that are helping the price rise, according to Wyckoff's theory we are starting the bullish trend, and taking into account the news worldwide, the impact is beginning to occur and reflect on the price:

1.- Start of the BAKKT, which, I see its impact since Bitcoin was in the order of $ 6k, since there were many purchases, it is as if at that time the price did not matter, what mattered was only to buy to accumulate

2.-Announcement of Libra, this put many countries worldwide on alert, banking, companies and therefore it is an impulse that will be given to Bitcoin.

3.-Economic problems in countries of the world, the most recent the "Cepo" of Argentina, which, puts in emission the exchange control in the country, which did not make grace to its people, and according to it the Argentine government enabled free use with Bitcoin, which brings as a benefit a demand for new market participants seeking to negotiate with Bitcoin and helping the price begin to take a bullish turn.

I think these events will start a great bullish phase of bitcoin.

In a simple word it is manipulation which is the most dangerous thing I fear in this crypto game, they are doing all to prevent btc correcting to $8000 side which I think is abnormal as that will eventually affect the future price but many are only concern about it going higher and never reason that the dump is also a way to ain momentum for higher price.

Here is the analysis that I liked. And the predictions made by different experts of the field:
https://coinswitch.co/news/bitcoin-price-prediction-2019-2020-2025-latest-btc-price-prediction-bitcoin-news-update

Manipulation is inevitable. Volatility makes Bitcoin a dangerous asset, but if you conduct a smart analysis, you can learn to understand the direction of the market and always get profit

Many factors and I will state some reasons why Bitcoin is going upward.

• Bakkt Futures
• Global Recession (not sure)
• Market Manipulation
• Bitcoin Halving

These are just some of the reason and I know that there are many more reasons. This will help Bitcoin rise in the long run.

This is the question we encounter now because of the price of bitcoin now is not increasing to the predicted price of bitcoin that will hit to 20k this year. It was stock on 10k.lm scared of the price to get lower again. It really takes more than a year lve waited to climb up to the price of 20k, the highest expectations of the many by this year.

You cannot correctly tell bitcoin price and in most of the case the bitcoins moves in the opposite direction as predicted. This is what i have learnt from last few years.



You cannot say that since bitcoin is stable at 10K, it cannot reach 20K or more. It will take a week/month for bitcoin to move from 10K to 20K. Once bitcoin starts pumping you never know when it will stop and what will be its final price.

Besides, the indicators of the use of the Bitcoin network, which actually reached the maximum level in the history of the first cryptocurrency, point out that the scope of adoption continues to grow. Bitcoin has its own users, and although most of them are investors and traders but this is also an example of real use. BTC will be going up further, and the growth will start close to the crypto halving.

There are no specific indicators that are laid down rules to know when bitcoin goes up or down. That is how incredible bitcoin is, you cannot just predict the move that bitcoin would make at any point in time. Many people worry about how bitcoin achieve it's bullish or bearish periods since they see bitcoin as an asset that is controlled by some higher authority.

No one knows when bitcoin's up. And there is no specifical days, hours or minutes when it goes up or down. But One thing that we can do is to wait and to have more patients to get some miracle typical of days.

Bitcoin still profitable and never worried anything about what happen at the future with bitcoin because everything is fine, just keep save your bitcoin and hold it.

- Well, perhaps continuing to trust our choices is the only thing we can do because even if we have concerns about the future and what will happen to bitcoin in the future, we don't know exactly which trends this story will follow, Bitcoin does not provide us with such information, it only provides and represents temporary values in the market and that is constantly changing. And of course, when worrying is futile, I stop worrying and focus on the current trend, where I can make a profit from investing in bitcoin.

You are right holding bitcoin is the best among other cryptocurrencies many have predicted great things about the future of bitcoin but in at that we must all bear in mind it risk which is it an unpredictable investment.

I believe bitcoin may have news for this new year, is bringing us high expectations, maybe the case of 2017 can be repeated. maybe with this low that had during 2018 and 2019 can rise rapidly, at the beginning of 2018 the high was very fast.

Keep yourself busy with things that will be able to provide you decent outcome while you are in your stay inside this market. Bitcoin volatile movements can bring you to a good place to invest and earn money if you will give your best to enhance your skills around this industry.

There's no exact time, it's all about personal instinct and the trust you earned from this venue of investment. Hold those assets and wait for the next blow.

.People now questioning what happened to btc. Its really inspiring now that bitcoin is leading to a hopeful situation because its not going up it stays to 10k.We beleivers of bicoin believes that it will rise soon. Its just waiting for a good timing.l beleive the market price will increase  soon..

Holding is the best thing that we can do, if we are not experts in the field of trading. Stock market traders may have more tools and understanding of how market works and since they are experts, they can transfer this knowledge to the crypto markets, because they are very similar after all. For those who are regular investors, buying and holding is probably a better option. Although, it really depends on many factors at the end of the day.

What happens with the bitcoin situation now is normal because bitcoin is fluctuating and where prices can change suddenly, the most important thing is we know what to do when bitcoin prices go down.
after a decline there will definitely be an increase and hold when prices fall and resale when prices rise again.

My experience with Bitcoin includes 2 use cases. The first one is trading and price speculation. The second one is to support the altcoin economy. The second use case is somewhat surprising. Altcoins are converted back/forth through BTC. I believe Bitcoin and altcoins have mutually beneficial relationship. I think recent price slump has something to do with altcoins. They are not performing as expected. That leaves Bitcoin a lonely king. Traders are closing their books.

Short-term, I don't see change in situation. There're really very few altcoins that have any success. So the entire market may be heading into another winter.

Long-term, I think it's positive. Crypto space needs to go back and do real work. Pumping and dumping will not make crypto the next big thing. We need to make it usable by normal people.

I agree with you bitcoin is still profitable investment, even the price of btc is not rising very high we should not worried about on it because it is a long term investment if we just hold it and wait for sure we can able to earn a good amount of money.

Everything in this market is speculative and none are concrete so if you are seeking for exact answers then you find nothing in return so better bear with the flow

Bitcoin starts to grow as I think bull ihas come from that date and in April the run started and we can see that on chart from April  to July when we almost hit the $14k value in which pretty high since February of 2018 .

So for me it’s the investors who comes back from the rest since 2018 darkest moment of crypto

If we read history, then almost every year bitcoin continues to increase. I'm not really sure that this year's Bitcoin can reach prices like 2017. In my opinion the price of bitcoin will reach $ 15,000 or more by 2020. Let's hope that bitcoin can continue to increase in 2020 and investors return there.

there is hype in market and also a need to get invlove by pushing the market in one way or the other as there is a way much better things like store of value and way it volatile but sure it dump so hard and everyone believe it will pump even if it has to dump first and doing so is very way high that contribute to large turnout from investors and the market jump.

Well bitcoin didn't increase last year.  It's going to be hard from now on to keep an uptrend that can be sustained. People will already be wary if btc hits about 10k. Not all btc holders have the resolve or the means to keep their btcs for a long time. Like now when btc is tradinf below 8k. Many have already jumped ship once again and sold.  It's going to be a slow drag to get back to where most of us want to be.

It has to go up  right but we are trying to pointout the  main reason why we are having demand right now and thats causing bitcoins price to rise up.Bitcoin yes,it do have alot of uses not just a store of value or a currency it goes beyond.Bitcoins price rise because of the demand not just because it has to

Current rate for this moment
$8,141.16 USD (1.92%)

As we can see, it shows some good results.

Maybe it is comeback?  ???

It was a bitcoin price pump by the whales and exchanges to attract people and institutional investors. Too bad the bitcoin price is falling down at the moment perhaps it is the market correction to stabilize the bitcoin price eventually. The way we're seeing the market is not looking so good but we never know what will happen tomorrow whether good or bad.

In my opinion, Bitcoin is just trying to throw away extra people, bending before the next, dizzying jump up)

BTC shows very strange results. Day after day i see +3 -3 rates. +300 USD then -300 USD.

What is going on? And when we will see good news?

I can only assume, but maybe this volatility's due to the fact that there are too many 'extra' people as someone noticed.
Nobody can predict the future of BTC price with enough accuracy - there are only assumptions like in that article (https://changelly.com/blog/bitcoin-price-prediction-2019-2025/), (or attempts to analyze which strategy of buying/selling is better - like in here (https://changelly.com/blog/invest-in-bitcoin-how-where-and-when/#Invest-Wisely)) but maybe learning more theory about BTC by its past will fill some gaps.

You can do this every time you have spare money that you are willing to forget for a while. The situations with volatile market like this is really hard to predict, you need to have a lot of patience to survive inside this market, the guide to succession is your presence of mind and dedications to enhance
your skills. More knowledge about the market the better chance to keep investing your money for long term goals.

It is a good option to buy these two promisings coins especially bitcoin because it has a high potential that would give a high return. Actually you can buy bitcoin whenever time you want since bitcoin is very volatile so even if you buy at high price you can still earn a profit it goes higher. In this type of market, patience and adaptation are really mattered because there are times that uptrend will take time, there are times that it will increase and surprise you up. The market is really unpredictable that is why we need to monitor it all the time.

I don't think that's the reason on why bitcoin value is increasing. There are many factors why the value is going up or on the up surge, and obviously we cannot pinpoint it. Also, it has to go up, it is its nature. Nevertheless, even though we don't know the exact reason, let's ride this wave and get the most out of it.

I just saw from the chart pattern. and Bitcoin has broken the pattern of falling prices. and has made a new pattern of ascension. I think the rise in the price of bitcoin is from various good news about bitcoin. and many companies have started to adopt bitcoin for transactions. ahead of halving bitcoin, all price movements showed a good increase. This will be like halving before, but the price increase becomes earlier.

No one is able to define exactly what's going on, you see the whole world is not going well and everywhere we are observing the massive disorder and haphazard situation, The relationship between the two biggest countries are very vulnerable, economic condition is well anywhere, the political dispute is rising in many countries, stock market in every country is in under pressure, So blockchain and cryptocurrency is not out of these scenarios. And Bitcoin is the main pillar of this platform so far I think. So it doesn't matter, it's a matter of time, you also should think that everything has ups and downs so you need to consider this situation is not favorable to us and Honestly saying that I never heard about such type of Apps what you've mentioned here.

if we see a lot of factors that cause an increase in bitcoin but we can also make sure it's true or not, like one of the reasons for the rise in bitcoin is because many investors buy bitcoin, and there are others who say bitcoin goes up because now bitcoin is giving little prizes to bitcoin miner members and also other events that are paid for with bitcoin.

Along with that the amount of bitcoins left to be mined are getting reduced with each passing day. 18 Million bitcoins out of the maximum limit of 21 Million have been already mined. The next 10 million would be mined in the next 10 years. That would leave us with 1 Million coins left to be mined for 110 years.
As the scarcity of a commodity increases, so due to supply and demand the price is bound to increase.

Here very nice view on the market https://neironix.io/ru/news/bitcoin_correction_technical_analysis, but I think no one expected such growth to 10,000 in the moment  :o
Now i think it is trap for buyer, and soon we will go down(

The bitcoin market was stable for sometime and if you were in the market for a long time you will not find these range that strange to accept but the recovery we had was astonishing as no one expected that to happen in this short period of time and if you had the opportunity when the market went down you could had made a good profit in a short period of time, it is too early to expect a big rally but we will see those rallies after the halving.

next days will be most important if you care about mid term price change

This is just a normal situation in the bitcoin market, high volatility was with crypto after all.
It is indeed that no one expected this sudden increase in the previous days, and it is a great opportunity for some to make a profit for that sudden jump.

Bitcoin is definitely affected by news that affects the blockchain technology industry in one way or another. We can safely assume that the current growth of Bitcoin was associated with the statements of the President of China on the introduction of blockchain technology in the infrastructure of this country. Of course there is a difference between the concept of Bitcoin and blockchain technology, but the mere fact that Bitcoin is simply based on blockchain technology has given the market a huge bullish leap.

China adopts blockchain technology has nothing to do with the latest pump. Chinese people even find it difficult to trade bitcoin.
The recent price surge mostly caused by whales, probably institutional investors buy the dip and stockpiling bitcoin into their stash.
as we're approaching the end of the year and bitcoin halving might give a boost to investors, although there will be chances for whales to dump their coins again before halving take place.

the rise and fall of bitcoin prices can indeed be influenced by several factors, one of which is the variety of news that is able to influence the price of bitcoin, but if we look at the market situation of course the price of bitcoin moves up and down only based on the number of requests and offers

I think the same thing with this, the thing that allows the price of bitcoin to go up is to look back in history, I also write about it here (https://bitcointalk.org/index.php?topic=5043315.0), I once did an analysis and research that a year after halving the price of bitcoin will increase, it happened the second time and think maybe it will happen for the third time, halving will happen in May 2020 so everyone will wait at the same time to find the moon in 2021

There are many factors that are influencing the bitcoin price growth this year from China and US trade war to Facebook Libra coin news. Bakkt launch news also helps in keeping the cryptocurrency market momentum going. Now, China's announcement to adopting blockchain technology, that news also helps the market. 

Actually it is hard to know the reason of the rise of Bitcoin price mostly. After all, Bitcoin price is volatile and there is always a possibility for a big fall and increase. We need to get accustomed to that first I think.

That's good going on BTC. The year of a pandemic is favorable for BTC. This month especially goes just ow but what's the specific reason I don't know. Maybe the demand increases rapidly for BTC or maybe it facing some speculation. But the overall market is in the favor of investors. But investors have to secure and aware more this time.

Indeed, those traders who bought bitcoin way back maybe a year ago are now enjoying all the profits that they are gaining from this investment.

Everything is good until this day, there are chances that it will bring more coming next year, like what you have said, very important to all holder

to be more aware and learn how to maximize your profits.

Whatever is it, the only reason that I know why bitcoin surge high is because of the continues increasing in demand. The demand that came from nowhere, consist of different types of people in the society such as  millionaire, billionaire, middle class, ordinary people that also supporting and investing in bitcoin even in a small amount, and those big companies.

Another factor that affect bitcoin is this current pandemic which made people to believe in bitcoin.

I'm not too sure if this application is what makes bitcoin prices even more expensive.  In my opinion, the price of bitcoin is getting more expensive because the richest investors in the world are pushing the price of bitcoin to be more expensive, besides that the price of bitcoin is getting more expensive because there are several shops or online markets that use bitcoin as a means of payment so that bitcoin is increasingly being loved by everyone.

Yes, this time is the most enjoyable time for those who already hold it for a long time to see such thing and they are now successful and their patience already rewarded. So everything has some positive aspects and we should utilize it with proper knowledge then it will be easy for us to gain. I am also expecting more in the coming days. Let's see what it brings for us.

Two mains reasons for this demand.
1) Institutions like Grayscale, Microstrategy, PayPal, Skybridge. They are buying huge quantity of Bitcoin every single day for a long term hold, which is increasing the demand and it's reducing the supply.
Although they buy through OTC, but still it's creates a lot of demand in the market.  Through which price is increasing slowly & steadily.

2) Big Institutions Investors are showing Massive interest in Bitcoin like Paul trudor Jones / Micheal saylor , Raul pao..  Which also pumping the price every day.

This upsurge or rise in value in 2019 really did its deed this 2020. The price peak on 2019 is not that notable and its really overtaken by the current value but we must still expect the possibility of Bitcoin returning to that value. I think Lolli is still a good company that uses Cryptocurrencies as payment for their goods that they sell and that is an example that new Alternate Cryptocurrencies are doing.

We are almost hitting the 25k level here, a new ATH for bitcoin. about 5 more days to go before the year ends and if this continues, we may achieve more than $25k. This is really a very great entrance for the new year. Now, if more institutions will join the crypto community, we will really see the market performance in green and hopefully, it will last long. This pandemic after all, did bring good things to crypto.

The news are very interesting but have they acquired enough to be bigger than existing whales. They came when more than 70% of the coin had been mine and a large portion still left in wallets unmoved for many years. Are they capable to prevent next bear market ? What is the strategy for holding such a huge coin? Has exchanges lost so much in the size of bitcoin held for many years? I also wonder what is the future of altcoin with such devotion to bitcoin? Altcoin maximalists are losing their mind to the take over of the market by bitcoin

Lol the Institutional investors most of them ,and Big companies are now engaging in Bitcoin while in the past they denied and criticize this market.
they even Make bad impressions but now they are the one who's into the main reason of growth.

[/quote]Another factor that affect bitcoin is this current pandemic which made people to believe in bitcoin.
[/quote]
People did not come to believe Bitcoin that deep ,but at least they are now starting to study and check this out.

Looking at the current demand and rate for bitcoin, I think that the Covid19 is favoring bitcoin.

Two unrelated things, if you pay attention to the news, Foxconn was blackmailed by hackers, you can have more reveries. Speak out, please indicate evidence

Simple, bitcoin market move depending on demand from the bitcoiners. Usually, the sudden surge will be cause by the bitcoiners trying to anticipate the bull run to record ATH in which they believe they can earn after investing in bitcoin. In some cases yes, they can still earn by investing at high market price per bitcoin because it is still growing but when other bitcoiners will sell their bitcoin theb the trend will be bitcoin going down in its market and that will going to make a bitcoiner loses buying high selling low.

The BTC will continue to rise in the future. Many institutional investors are investing more and more in the BTC. Awareness and spread is also increasing. People also see BTC as a substitute currency in these times of crisis. We must not forget that central banks are developing their own digital currencies, with the corresponding consequences for citizens. This is also why the investment in BTC will increase. There will only be 21 million BTC, with demand increasing. So the price will have to go up. Still, I believe that BTC will remain volatile.

Definitely, this pandemic is one of the reasons what there's a Bitcoin upsurge. In this kind of event, we've seen how the pandemic strike really hard the stock market yet the crypto market remains the same, and that could be the reason why most big companies, institutions are now venturing with crypto. And this massive adoption push Bitcoin to set its new ATH we have never seen before. The accumulations are still going on and this could make Bitcoin more valuable. I'd say this could be the start of a new era because everyone is starting to accept these currencies.

the main reason bitcoin has increased is because there is an x factor that affects it, but I think a large purchase can affect the price of bitcoin to be able to increase. so buying and selling also have a big influence on the crypto price

$25K now , going to $30K on Dec 31.

Bitcoin is highly volatile and we are witnessing how volatile it is right now. Many people are surprised because of the sudden and continuous rise of bitcoin's value, some are regretful and some are rejoicing. Nevertheless, as we see bitcoin experiencing it's largest bull run of all time, we should set ourselves and our investments ready for any possible situation that may arise anytime. It might be in favor of us or will cost us great misfortune. Still, preparation would be a great deal and great help for us to survive and make the most of this bull run.

At present bitcoin is going high because numerous associations tolerating it and individuals are currently trusting it.
We're seeing more information as to tolerating digital currencies which assisting bitcoin's market to pump.
The Richest people giving positive input for the fate of bitcoin and putting away their cash on it.
The current circumstance of bitcoin is amazing, and it is breaking its own previous records.

It's the news that makes bitcoin bullish so far, people think that institutional investments will boost the price, so they also invest in bitcoin at the same time. That's the same scenario every time there's a pump, FOMO happen but due to different reasons, reasons for this year is bigger compared to the last bull run.