New pump?

[velive08]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

it can serve as a harbinger for bitcoin hikes, now bitcoin can be one of the best coins. and this pump will be the starting point of the bitcoin price increase, we can be sure if the bitcoin price will soar to $ 20,000 and certainly it will happen.

[dante golo]

Yes I think this includes momentum for bitcoin to experience improvement so as to create a new spirit for traders to keep looking for an advantage in the future.

[Coroline]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

within 30 minutes the bitcoin price increases about 1000 $, is this really the pump that the investor did or just fooled to do a big dump. considering the 17th of this bitcoin will be taxed for holders of bitcoins. I hope not. and hopefully this is the beginning of the bitcoin price increase

[WellDogeo]

I think the market will go down in the next two days to prepare for the new cycle. So I sold all that I have, to buy back when prices go down to the bottom.

[Washball]

Chart analyses showed that bitcoins would either rise or drop significantly, after the narrowing price range. And the price did jump with $1000 in just one hour. Could be the result of positive news that big name investors like Soros and Rockefeller will enter the crypto space. Hopefully bitcoin rises to 10K soon, so we know it's not just a pump.

[Fenixsfeather]

Sometimes I can't understand bitcoin course. New great news about permission of cryptocurrency in some countries - no pumps. Some bad news about crypto - courses falling down. And now, what happend? Did I miss a great news about bitcoin or what? Really, it's unbelievable and unpredictable. Can someone explain why there was such a pump?

[Similificator]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

Well, I think that it is somewhat a part of the efforts of the whales to put the price up again and this may really be the turning point of bitcoin's price from bearish to bullish in this year. But even so, I am not that sure about the $20k you are talking about. Because if we look at how big the prices have been last year, we will see that it will be pretty impossible to get back to that price that fast. Although I love the thought, I just can't believe right away. But maybe if I see some good movement or news, I might change my mind and invest to ride.

[Mpamaegbu]

Whatever gave the OP that notion that the recent slight price increase is a pump beats my imagination. Remember that it is the kingfisher, Bitcoin, itself we are talking about here, and not some altcoin. Whatever that has kept price down for this long should also spring it up.

I think the market will go down in the next two days to prepare for the new cycle. So I sold all that I have, to buy back when prices go down to the bottom.

You wish!  

Sadly, the crypto market does not respond to wishes but to reality.

[Jon lang]

No one can really tell what direction the market will take. Coins may take another dive or meet their ATH. However, if anyone is thinking that it will reach $20, 000 soon, then I highly doubt that, that will happen. As of the moment, the increase in the price of bitcoin is not that securely stable, it is still going in a frequent ups and downs compared to its peak last year. Therefore, it may reach the target price this year, but not quite as fast as two months or so.

[TirionLannister]

No, this is not a new pump. But the market is recovering and we are already waiting for $ 10,000 for the BTC.

[jpespa]

Don't expect yet for bitcoin to reach $20000 fast. Maybe the price increase at this moment is just for now and it might go back again to $6700. But it is a good thing that the increase of price is higher than before.

[KevinClarkson]

Those holding Bitcoin/Bitcoin driven coins will be jumping to sky from land.
This is a good news to other altcoins that are depending on Bitcoin.
Yet, as much as it went up, it can go down too.

[hitrawal91]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

Well, Pump is not serious if it happens every often day and you should be taking it seriously only if it happens on any major events, on any big fundamental news release when there is a high amount of trades is expected to take place with high volatile price movements. I would love to make some trade during the pump if it happens on any major events because on that day volatility will be high and during that day I could gain a good and high amount of profits.

[Ultegra134]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

Yesterday was definitely a good day for the market. I could swear that today the market would crash, at least a little, but it didn't. It only fell at a small degree and now it seems to have already recovered from that. However, I do doubt that it's going to pump up to a new all time high or anything near that any time soon. Right now, Bitcoin is making a steady growth, which is a lot better than a few random pumps every now and then. Thus, I doubt that anything similar to last year's pump is going to happen soon.

[Snarks]

A correction upwards has been a long time coming, but I'm not getting too excited. It happened before. Price going up for a few days only to go down $1000 within a few minutes. If it can stay above $8000 while the stock market goes down or flat, maybe it will convince people to buy Bitcoin again.

[Obeng minn]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

The choice based on human behavior by hundreds of thousands of market participants is the cause of bitcoin price changes so the market is trying to find the price. With this we can expect to see bitcoin rise again and can attract more investors to make Bitcoin stronger and stable.

[raven7886]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

I guess it is already obvious that no one can actually know anything anymore, it is bitcoin and the market has been fashioned in a way where things can just change at any point in time. One time, you are expecting this based on technical analysis, and the next thing the market is doing absolutely something else. Although, it was really good to get to see some action in the market a little bit after some seriously boring moments we have had for some time now.

[laurenB7742]

It's a good sign for the crypto market that bulls have finally taken over after a long break. But this small increase doesn't mean that we will see 20k USD or ATH very soon. Seeing the collapse of crypto market this year, investors are now very careful in there investment. This small pump is a good opportunity for those who have bought BTC under 7000 USD. This also shows that despite so much opposition, BTC has the potential to stand on its own.

[vendy86]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

searching before asking...
this is not a pump.bitcoin increase because we got some good news.
"pump" and "dump" are negative word at trading world.
now wr are heading to 10k.lets hope no more bad news that can make market down again.

[ocid]

What do you think about yesterday’s pump? Bitcoin grew from 6750 to 8000$ in a few minutes. That’s incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

The possibility that it could happen with the new pump lately makes the bitcoin price movement again improved. but the thing we need to take note of that price correction that is happening in the near future is certainly the first step that bitcoin can raise its price but not rapidly up to $ 20,000, but it requires many processes can not rise quickly instantly.