What is going on today?!

[batang_bitcoin]

Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

Good news? George Soros? Rockefellers? USA tax day? We are getting close, whatever it is there's massive pump that happened that made the demand higher.

I suddenly saw Bitcoin skyrocketing. I don't know why it's up. Maybe the whale is buying Bitcoin?

It might be the cause of whale/s.

Calmly observe, may be the cause of false news, and wait for Bitcoin to stabilize

If it's a cause of false news then the price will go negative instead of becoming positive.

[PsylockReborn]

Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

Haven't heard or read any good news about bitcoin but I guess this is the moment that we've all been waiting for the skyrocketing of almost all of the cryptos. This is the time where we can profit more. We just have to enjoy the ride with all those greens but also becareful maybe its just a trap. We can't really tell when will this pump stops.

From everything I've gathered over the years, it seems like it's almost exclusively opinionated speculation. There are tons of numbers, statistics and theories that would support almost any price point imaginable. People can explain why it will go down at the same time people are able to explain it having the capability to rise as well. Nobody knows the future, and honestly people do not know why the price moves outside of educated guessing. I'm sure someone will have a laugh at my expense, as they believe to be a prophet, but the honest truth is nobody knows. We can only tell you whatever news, investment, innovation or other information is the most relevant and impactful, this is as close to explaining a rise/fall as you can hope to get, IMO.

I think the question is worded incorrectly though, because long-term BTC has always been "skyrocketing" as you put it. Short-term, this is nothing new, or out of the ordinary. What has made this particular movement in price cause you to ask the question in the first place? Are you new to Bitcoin? We've had much bigger inexplicable leaps and falls.

I concur. Bitcoin has already proven its worth long term. We can see it from previous years. During first quarter there was too much bloodbath to almost all of the cryptos. This is a very good sign cryptos skyrocketing while where still in 2nd quarter of this year. Hopefully the predictions that were set for bitcoin by the end of this year will be met which is $50k. We can't really tell what lies ahead but lets just be all positive and enjoy those greens.

Happy hodling everyone and have a great day ahead! Enjoy the greens!  

[bamboylee]

I am just happy that it starts to bounce back. It is bound to happen anyway. The bitcoin market has been depressed for too long now, and maybe the consolidation or correction is over. Time to move up again. I hope the trigger happy people don't start dumping again so the market can sustain this trend.

[coinmaster241]

It is surprising to see bitcoin prices skyrocketing suddenly, but worried this is only the Whiles game to benefit him. Because bitcoin trends are actually still standard and there is no indication for uptrend at night. Hopefully value increases

[liamnorthcoins]

Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

Wow...a price increase of 15% in a matter of 45 minutes!  From 6900k it rocketted to 8,039k in a very short span of time. This is why people must not judge bitcoin that it will die of or scarce down because everything is possible with bitcoin in just a blink of an eye!.. Traders fastened your seatbelth because we are in for a ride!

[Collinberg]

Early yesterday morning,there was news that a known person wants to buy 50000BTC,you know the cryptocurrency world is motivated by news,there are millions of investors out there just waiting for a good trend so they can invest back in,that is what is happening now,new money is being put into the system and it's pumping the prices.

[toast]

Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

bitcoin demand is increasing so prices will tend to rise somewhat and it's the hope of investors who invest with bitcoin hopefully the future will grow for the better

[rollingstorm45]

yes, this is the time when people who have strong hands and not panic to get happiness again
the price seems to be back to normal and we are ready to trade again
goodbye to a bloody storm

[Jaya912]

Its a Bull Trap ?? I dont see any good news about btc today.
Let's just wait the price going stable and see if this time is not a Bull Trap.

Its trap or not is does not the matter in cryptocurrency because only two choices, right or wrong, up or down.
If bullish is trap so we will be regret if the price again continue going up. So action and take the risk is very important.

[jaicos88]

Our expectation has been reached with the bitcoin price movement now getting better, so we will have more of what we dreamed of, and I'll be waiting for it at a price higher than the current price. so we will be happy with a lot of bitcoin.

[Jonsnowstark]

The whales are probably making a huge buy in so many people will buy while its high before another big drop. We're not seeing any good news. I've searched google and i see nothing of why this sudden increase splurged dramatically. So be careful if you're planning to buy some more coz it might be a trap.

[jaocoincrypto18]

Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

I read lot of development in favor of crypto currencies so maybe this is the result of it but still this is not enough because I'm hoping and waiting for the big whales to come to start their games of manipulating the market price. When this happen for sure it will attract more investors making the price more stable and strong.

[troglobait]

Today the market has gone where it is necessary, I woke up and the mood became better. I live in Thailand, here today is the new year. I'll go and celebrate)

[pinoyden]

I also notice since yesterday that the prices are increasing,  not only bitcoin but almost all of my alts and some ico tokens do also increase a little bit but I'm still not contented with it and it's also not shocking to witness this kind of increase because these event is pretty normal and happens all the time whenever there's a good news or a market manipulations caused by crypto whales . I also hope that these increase will last longer.

[Ferry22]

Yes this is true, the current price is starting to skyrocket again. and this is what we are waiting for, maybe this is the beginning of the rise of all coin prices. we pray for it, may the investor's confidence begin to recover. and they start investing again, so it will increase the price of coins. and if you have the capital, I suggest you immediately buy Bitcoin and hold it. because my prediction later this month, bitcoin prices will return to reach $ 15k.

[Rajamuda]

I haven't yet really known or made sure of it because of what, but I'm sure it's because some news or other events are indeed causing more people to buy/invest or anything else it is, or it could be caused by some parties who pushed it up to be higher and many companies or others related to crypto from certain countries. Which obviously this could be said to be a good start to the next.

[Lakai01]

Well, looks like an organized pump to bring back FOMO and new capital into the market. I would calmly observe what happens next, way too risky for me to buy back into the market

[Theb]

Probably the lack of movement for several days made the bulls take over for a bit. But it does not say that we are now on a up trend or we even made a reversal. Looking at it charts we are still well in the lines of the down trend. This kinds of price jumps are normal as before this we have seen Bitcoin also fall 2000$ in just 24 hours. Before starting a buy and sell decision I would observe the market as this price pump might end up being a false one.

[pimkobai]

The good thing is now happening to all cryptocurrencies and these alts price improvement is due to the price kick off of bitcoin where it had pulled the alts price to move upward trend. The resistance this time is not that strong enough to hinder and hold it's price growth. People investing btc and alts were now happy to see on what the market trend works this time.

[genset88]

Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

Today the market is quite volatile, with a lot of functional currencies, now that the coins are growing very fast and typically Bitcoin or NEO, there is a lot more knowledge in The virtual currency world, and there are quite a lot of people know, in the next week I probably get a profit.