60 minutes and Bitcoin value jumped to $7,800

[Canis Majoris]

With this sequence of unexpected pumps, I don't see in any way that bitcoin would not reach another ATH this year. (even it dump back after this low surge pump)

That's unlikely unless someone really big chooses to test waters with crypto. But that's even less likely as the wealthiest investors like Buffett and Soros have already expressed their concerns about the long-term viability and success of cryptocurrencies. On the other hand, there are rumors about the Persian Gulf potentates and moneybags being interested in Bitcoin now that it has been declared compliant with Sharia. Don't know how it is going to play out, though.

you are surprised that crypto-currencies will be dealt with even by Muslims? They are not inconsistent with the laws of cryptography and therefore for each person will be available crypto currency, despite belonging to the Sharia.

Actually, I'm not surprised, I'm just afraid if this "acceptance" by the Sharia law won't be used as yet another excuse for Western governments to crack down on Bitcoin all over again as they come up with another contrived and ridiculous reason to attack crypto as a means for "terrorism financing" by Muslims. Anyway, quite a few people will be happy to see big money entering the cryptoscene now.

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[Kemarit]

With this sequence of unexpected pumps, I don't see in any way that bitcoin would not reach another ATH this year. (even it dump back after this low surge pump)

That's unlikely unless someone really big chooses to test waters with crypto. But that's even less likely as the wealthiest investors like Buffett and Soros have already expressed their concerns about the long-term viability and success of cryptocurrencies. On the other hand, there are rumors about the Persian Gulf potentates and moneybags being interested in Bitcoin now that it has been declared compliant with Sharia. Don't know how it is going to play out, though.

Hmmm. That's sounds interesting, but I do believed that they are already in the crypto investment since last year specially around the peak last December. But just maybe the push has something to do with Muslim announcing bitcoin as complaint and not against their religion. But it looks like we are trading sideways now and there are no more money going into the market as of the moment as the price keeps fluctuating in the $7800-$8000 range. Anyways, we should celebrate this early but continue to observe and see how everything pans out.

[pthomas]

bitcoin will contiuneto rise at its own pace and will be more stable than ever over the next few months which is whats needed!

[ololajulo]

That's the experience of the vitality of the currency and imagine how bad it had also gone at some period after the pump. Just keep your eye open to the market. We got better days ahead in the year and also some surprises.

[Question123]

I think for me the price of the bitcoin will continue to increase because as of now the price is more than $8000 and that's good for us because if the price pumo they will get more profit again.  Im so very happy because it will increase again I hope it will continue to increase again. We need to wait to see the price increase more to make more profit just believe to bitcoin.

[wildflower18]

I think for me the price of the bitcoin will continue to increase because as of now the price is more than $8000 and that's good for us because if the price pumo they will get more profit again.

Well since price of bitcoin jumped I think this is a signs that bitcoin will be more to show up on the increase of value. It is like a roller coaster ride so better not to sell this time their is a more good to be happen on bitcoin.

[DarkIT]

I think for me the price of the bitcoin will continue to increase because as of now the price is more than $8000 and that's good for us because if the price pumo they will get more profit again.

Well since price of bitcoin jumped I think this is a signs that bitcoin will be more to show up on the increase of value. It is like a roller coaster ride so better not to sell this time their is a more good to be happen on bitcoin.

well, the increase that happened yesterday did make a lot of bitcoin holders to be profitable. when they buy it under the price of $ 7000. for now, that potential has not diminished. there is still a great possibility until bitcoin prices rise again. still hold the bitcoin that we have friends.

[daarul50]

The possible effect of a $1000 increase in bitcoin prices in minutes is the news that blockchains are getting a fair amount of fresh funds. In addition, the news that the closing deadline tax is also the most influential news on the rise because bitcoin holder in America wants to take advantage first before casting out of their digital assets to avoid the tax payment later. We'll see, whether after the 17th of April bitcoin prices increased or decreased?

[Canis Majoris]

With this sequence of unexpected pumps, I don't see in any way that bitcoin would not reach another ATH this year. (even it dump back after this low surge pump)

That's unlikely unless someone really big chooses to test waters with crypto. But that's even less likely as the wealthiest investors like Buffett and Soros have already expressed their concerns about the long-term viability and success of cryptocurrencies. On the other hand, there are rumors about the Persian Gulf potentates and moneybags being interested in Bitcoin now that it has been declared compliant with Sharia. Don't know how it is going to play out, though.

Hmmm. That's sounds interesting, but I do believed that they are already in the crypto investment since last year specially around the peak last December. But just maybe the push has something to do with Muslim announcing bitcoin as complaint and not against their religion. But it looks like we are trading sideways now and there are no more money going into the market as of the moment as the price keeps fluctuating in the $7800-$8000 range. Anyways, we should celebrate this early but continue to observe and see how everything pans out.

In fact, it doesn't look like that at all. I mean, no longer. We were trading in a narrow range between 6.6k and 7.3k for quite some time but we have already broken out of that. Right now Bitcoin price is trading around 8.3k, and there is a possibility and it is definitely not negligible that Bitcoin will continue to rise. How much it will rise is another question but myself, I see no particular issues with Bitcoin rising up to 10k at this point.

[BlackPanda]

A tremendous increase occurred over the past few days, I am increasingly optimistic that the Bitcoin price could reach a much higher level. I've seen this as an improvement, where bitcoin prices have been spared from stable prices that have lasted long enough. A lot of positive news has made bitcoin prices rise, this is a way to make trust in Bitcoin increasing. We need change and change to something much more in the way that Bitcoin views become the key to everything that happens today.

[Whosdaddy]

After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line. Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800. What about you? Tell me what is on your mind now? Will it sink or will it rise? 

I am not really expecting so much right now but at the same time, I am still expecting much. The thing with bitcoin is that we have had impulsive move in both ways before, so that leaves room for any possibility. If we get to see more break further towards the upper resistance and we are able to stay above the upper downtrend line for a while, that may look bullish, but we cannot always say much until we see the response most of the time in the market to some certain levels. That was a pretty quick and huge pump anyway.

[lingwistiko]

It's natural as always. Bitcoin's volatility can make its market price rise so high in just a matter of minutes or hours. Maybe bitcoin is starting to break its record last year when it hits 20,000$.

[Fuhre]

yesterday bitcoin Sail through something anything, now the price is still above the $ 7000 figure. I never thought bitcoin will sink back, in my personal opinion, the price will go back up in the next few weeks and will surprise again to the merchants and investors . hoping the market will continue to pump up prices and we will actually see the bull run market again. I'm sick of seeing the yesterday's bloody market, it's like a bottom line that is blocking the rate to the next level.

[Casabrandy]

yesterday bitcoin Sail through something anything, now the price is still above the $ 7000 figure. I never thought bitcoin will sink back, in my personal opinion, the price will go back up in the next few weeks and will surprise again to the merchants and investors . hoping the market will continue to pump up prices and we will actually see the bull run market again. I'm sick of seeing the yesterday's bloody market, it's like a bottom line that is blocking the rate to the next level.

Some sells it already fearing that it will dips again, maybe they just set some amounts they when it reached they sell it fearing that they will need to wait long again, when in fact it can be a start of another good run. Let all who doubts disappear so the market may increase again.

[madman2728]

I think bitcoin will rise up. But no one knows what will happen a couple of month from now. as you say in the span of 60 minutes it jump a higher price . Bitcoin is unpredictable it can go high and low. honestly, I dont know the market of bitcoin when it is going up or when it is going down. On my opinion  if we know the pattern of the rise and low of bitcoin we can easily managed what we earned. like when we know if it is going down we can easily  pull out the bitcoin and convert it to a real money.

[hawkins]

yes, that is a good thing, and the effect of that price increase is still happening today. I might expect that within a few weeks, the price will return to the starting price of 2018, which is above $ 10,000, and that will probably be a safe point for this year.

[AniviaBtc]

I think positive, so my answer is it will continue to rise. I hope so. But I will continue to pray with a cross fingers to rise like a sky rocket in a quick way. I wish this is a good start again.

[marcbitcoins]

After staying at $6,800 for quite a time, Bitcoin price takes off more than 1,000 USD breaking the resistance line. Still, I don't think this would last and BTC price will eventually sink to even lower than its previous price of $6,800. What about you? Tell me what is on your mind now? Will it sink or will it rise? 

I think that $1,000 rise up leap is a real demand of Bitcoin in which it just make the $8,000 price value as a new base line investment or the new staging point of the market. I see that there is no more correction that will occur as i'm waiting for the big whales to come so that the price will trully to pump up attracting more investors to come so that the price of Bitcoin will become strong and stable once more.

[Fuhre]

yesterday bitcoin Sail through something anything, now the price is still above the $ 7000 figure. I never thought bitcoin will sink back, in my personal opinion, the price will go back up in the next few weeks and will surprise again to the merchants and investors . hoping the market will continue to pump up prices and we will actually see the bull run market again. I'm sick of seeing the yesterday's bloody market, it's like a bottom line that is blocking the rate to the next level.

Some sells it already fearing that it will dips again, maybe they just set some amounts they when it reached they sell it fearing that they will need to wait long again, when in fact it can be a start of another good run. Let all who doubts disappear so the market may increase again.

Definitely! those who sell their coins yesterday are not reliable traders and investors ,,,, haha
the way their business is based with a sense of wanting to get more profit, eat it when they see prices fall, they immediately panicked and sold it. it's time we sit back while copying and laughing at those who doubt the bitcoin ,,, haha
now the price will continue to move on to the level above it.

[btc_angela]

yesterday bitcoin Sail through something anything, now the price is still above the $ 7000 figure. I never thought bitcoin will sink back, in my personal opinion, the price will go back up in the next few weeks and will surprise again to the merchants and investors . hoping the market will continue to pump up prices and we will actually see the bull run market again. I'm sick of seeing the yesterday's bloody market, it's like a bottom line that is blocking the rate to the next level.

Some sells it already fearing that it will dips again, maybe they just set some amounts they when it reached they sell it fearing that they will need to wait long again, when in fact it can be a start of another good run. Let all who doubts disappear so the market may increase again.

Definitely! those who sell their coins yesterday are not reliable traders and investors ,,,, haha
the way their business is based with a sense of wanting to get more profit, eat it when they see prices fall, they immediately panicked and sold it. it's time we sit back while copying and laughing at those who doubt the bitcoin ,,, haha
now the price will continue to move on to the level above it.

I wouldn't call them unreliable. They are more of a daily traders, and its understandable to sell and to take profits. But we also have those long term holders, who doesn't mind any such large movement because they are looking at long term.

And for those who have doubting bitcoin and keeps or writing it off, I'm sure that they are again hiding and will not post any more because of a sudden turn of events. But they wouldn't disappear, they will just go on hibernation and will come out again once bitcoin started to fall drastically.