Why was the last bitcoin growth surprising for every one?

[Marma Kalari]

Having being in the bitcoin market for a longer period of time, these burst in growth when the market looks generally weak is not new, it has happened in the past and most of the time you wonder why the market is going higher this fast and the volatility level is really high in bitcoin, the crazy thing is that future traders will have a difficult time taking a position with this market.

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[Meysa_richa]

This increase is very encouraging for those bitcoin holders with very good spikes, and after a long decline and this is the end for the rising and rising bitcoin prices.

[Yakapo]

The red zone had gone soo dip and lots of coins had lost value,  with claims and prediction that crypto is coming to an end  and most influential parsons speaking negatively of BTC, no one expected the sudden turn in fortunes for BTC, everyone thought  it would slam and most sold out of panic, but then BTC is just BTC, made the recovery as it always does.

[SUDARMONO]

After so long the bitcoin is inside the bottom of the cliff and maybe it's time for bitcoin to crawl up from the abyss, and this may be because of the rising bubble that will occur, to increase the price of bitcoin.

[TheClownSong]

Maybe because many peoples waiting bitcoin price drop to $5000 and then they buy it and when bitcoin price jump to $8800, many suprise because they dont expecting it. I am still believe that bitcoin price like many expert said, it will reach $25k end this year and better hold it for long term

[JeBro]

The last growth of bitcoin was not a surprise. Almost all analysts and experts predicted the growth of bitcoin after April 15,
when the term of payment of taxes by large crypto exchanges will end. Moreover, crypto-currency market participants were tired of the constant BTC price fall. The market can not constantly fall. Therefore, bitcoin found the bottom at 6,000 dollars and turned from this point.

[InvestICO2L]

Why was the last bitcoin growth surprising for every one?
Omkar Godbole is considered a searcher in "coindesk",and he is one of some people who have the opinion that says:This instant jump in the rate of 18% in two hours for bitcoin should not be surprising,the crypto market has seen some falloff types in more ways or less,so this increase came surprisngly,and there is no doubt that this 1000 dollars increase timing was incredible with the burning of stop lossing mechanic that was on it's time when the bitcoin value increased 200$ above the zone of 7000 dollars.

In general, most of bitcoin users both expect that bitcoin can reach to high peak. Especially, as you can see the bitcoin price in the last two weeks, this  is maybe a crutch time of bitcoin market and everyone hope that its price can fluctuate in a good way. They seem to get a big panic with bitcoin value in that time. To speak frankly, because bitcoin is well-known for its volatile, thus when it’s getting increased suddenly which makes me feel amazing.

[soulstreak]

I think it was surprising for people that were new and only recently got on board.  For everyone else, it might not have been so much of a surprise.

It seems like when bitcoin gains momentum, then the entire cryptocurrency market is also gaining momentum.

[Pujangga]

I was not suprised at all, btc was oversold now it is going back up to where it should be

Yes right, if we are familiar with bitcoin for more than 1 year then price increases and prices are common, I would be surprised if this year's bitcoin price could reach $ 1 million or $ 10.

[jpaul]

Because no one had thought that bitcoin would enter a bull phase again so fast after the last years rally and that it would take some time before we see any big green candles in the markets. And just when every one thought that bitcoin was going to drop to $3k levels the markets rebounded.

[Nowherman]

The last growth of bitcoin surprised everyone because crypto traders and investors are already accustomed to dropping the price of both bitcoin and main altcoins. Especially since there was an explosive growth, when bitcoin grew by more than 1 thousand dollars in 10 minutes. In my opinion, the whales from
Wall Street entered the crypto-currency market. I hope the up trend of bitcoin will continue.

[tayogpanganiban]

Why was the last bitcoin growth surprising for every one?
Omkar Godbole is considered a searcher in "coindesk",and he is one of some people who have the opinion that says:This instant jump in the rate of 18% in two hours for bitcoin should not be surprising,the crypto market has seen some falloff types in more ways or less,so this increase came surprisngly,and there is no doubt that this 1000 dollars increase timing was incredible with the burning of stop lossing mechanic that was on it's time when the bitcoin value increased 200$ above the zone of 7000 dollars.

Honestly,i'm not surprise for the bitcoin growth because I know it will really happen,i'm always expecting that bitcoin will grow more this year and it never comes to my mind that bitcoin price will drop down to below $ 6k this year as they always predicted in this forum.

[ultra insting]

because at the end of last year the price of bitcoin is very high and is now experiencing a decline in prices long enough and surprising everyone

[Kakmakr]

I think for you to understand this, you have to look at what is happening with the Tesla stocks at the moment. A lot of people are taking a short selling position with borrowed stocks. To make it even easier to understand, I will include an article that was written about Tesla : https://cleantechnica.com/2018/06/18/coming-tesla-tsla-short-squeeze-will-stock-go-supernova-in-3-weeks-elon-implies-it-will/

It is a high risk investment strategy and people shorting Tesla have lost a lot of money. 

[Shinpako09]

If i'm not mistaken we're expecting a fall by that time but the opposite way happen. Who wouldn't be surprised by that? It surpass all of our expectation too much. Even I was surprised that articles has been posted about btc and it's price for how many times here in one of our top leading broadcasting company.

[code]

when the market is in a downtrend, it is difficult to expect growth. this is used by those who adjust the growth to the news