Why Bitcoin price is going Up so High today?
That's the thing, there is no real reason why the bitcoin price would be going up at the moment as there were no technical improvements that would make it more valuable than it was before.
Also the price kinda shouldn't keep on going up at the moment because of the still going feud with the uasf. It might even split the bitcoin into two separate coins, one accepting segwit and one not because basically what will happen on the 1st August is that nodes (the people) that support uasf will start rejecting the blocks that are not in favor of segwit. If in an unfortunate and unlikely event the miners that don't support segwit now won't jump in the segwit train, they will be mining on a separate chain.
Why Bitcoin price is going Up so High today?
Normal movements of bitcoins mate and actually you can earn with that if you really monitor and execute some short trades with it, Aswell as just be calm if you see some little downfall since surely price will bounce back again since bitcoins was known as high leaper. So just chill and see some great result after these following days.
Can't really call it normal movements when the price is clearly just pumped up by speculators. I can almost bet that the most volume comes from china traders that just need the money as always (like with the bitcoin unlimited case).
For me the more the price is growing the scarier it is because it means that the dump is going to be more powerful. Bitcoin will start collapsing by a little bit but then the panic sell will start, which will have a dumping power to maybe even 1500 each.