Why btc has increased 13.04% today?

[undertheradar47]

Banks and governments are finally realizing they screwed up by bashing Bitcoin

https://www.youtube.com/watch?v=zanA6JwG7CA

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[Hallmader]

where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?

We are both in a quandary as to where this sudden pump comes from. But if we take a look at the 13.04% growth, it is not actually a big deal. It is within the normal growth. Perhaps we should be shocked when it is 50% or 100% in just an hour. But with that little double figure, there is no need for a really huge news for that. After all, it is Bitcoin. Bitcoin has always been eyed by so many large investors especially these past few days because of its very cheap price.

[subG]

The bulls are returning to the cryptocurrency markets, that's why.  Everything has been oversold making prices drop very low this year and now is the recovery stage.  Many cryptocurrencies will break their all time highs later this year.   

[Oasisman]

where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?

Most of us dont really know why the price pumped for the last 24 hrs. But I maybe just maybe it has something to do with the taxation days in the USA.

[jpespa]

Everyone hopes that it will continuously increase by the end of April. It is definitely a good news for everybody since last month of just playing around $6500 but still we still don't know what will happen next so we have to keep vigilant.

[longwintershere]

where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?

because there are more buy orders than sell orders. That is how it works. That was also the reason for sudden decline in price from $20k to $6k. Hard to tell why..

[nguyenthaihung16]

Maybe the market is vibrant again