[2019-04-03]April Fool’s Day Could Have Triggered Bitcoin Price Surge

[Vladdirescu87]

Several crypto market analysts started to explore the factors that caused this significant increase in the BTC price and the sudden market shift, since there was no positive news or signals surfacing in the days before the phenomenon.

Some analysts believe that the anonymous buyer who bought a sizeable order of around 20,000 Bitcoin worth $100 million and went ahead to spread it in various globe’s giant crypto exchanges including Coinbase, Bitstamp and Kraken, may be one of the factors behind this hasty and surprise BTC price spike.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/april-fools-day/

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[Kemarit]

Is the article saying that the entity is trying to pull a prank on everyone? LOL. If anything that entity did is triggered FOMO that's why we have a new lows of $5000. . What other prank the entity has in store for us? Suddenly dump his $100 million and book the profits?

[elda34b]

Yep. Definitely. April fool is really good, that could even trigger people to pull a prank with millions of dollars.

Can't believe if somebody really thinks that April fool is the beginning of the long-awaited bull-run. Except for the Elon Doge thing.

[Slow death]

Several crypto market analysts...

Can anyone tell me among these Several crypto market analysts which one was able to predict the price with greater certainty? because until today I only see them joking to make predictions and all forecasts that they make are always wrong and just when the price goes up, they appear once more to look for the causes of the price increase and justify this:

Some analysts believe that the anonymous buyer who bought a sizeable order of around 20,000 Bitcoin worth $100 million and went ahead to spread it in various globe’s giant crypto exchanges including Coinbase, Bitstamp and Kraken, may be one of the factors behind this hasty and surprise BTC price spike.

as the cause of the price increase?

since there was no positive news or signals surfacing in the days before the phenomenon.

Is impossible that many people buying bitcoin and the price increase a lot? since when do we need people to read the good news to buy many bitcoin?

or signals surfacing in the days before the phenomenon.

When were these signs was right?

[gentlemand]

Can anyone tell me among these Several crypto market analysts which one was able to predict the price with greater certainty? because until today I only see them joking to make predictions and all forecasts that they make are always wrong and just when the price goes up, they appear once more to look for the causes of the price increase and justify this:

I don't recall one single TA person predicting this move. Not the assholes who turn up on financial shows or the eggheads who hang out on Twitter and Trading view. I thought TA was shit already but that was the final one.

I think somewhere like Bloomberg reported the rather crappy April fool about the ETFs being real with a straight face. I've also seen claims Brits were responsible but the GBP market is nothing and the time to do it was 2016.

[Theb]

So now "professional analysts" are linking April Fools' day for price increases? Isn't that the dumbest thing you can ever think of for a reason for price increases? First off Bitcoin even before the month of April started have been hinting a bull run since the first quarter of 2019. Signs including RSI being oversold and the Bearish MACD losing momentum aren't mentioned but them linking the price pump just just because its April 1st is too much for me to even consider it as real news.

[StartupAnalyst]

So now "professional analysts" are linking April Fools' day for price increases? Isn't that the dumbest thing you can ever think of for a reason for price increases? First off Bitcoin even before the month of April started have been hinting a bull run since the first quarter of 2019. Signs including RSI being oversold and the Bearish MACD losing momentum aren't mentioned but them linking the price pump just just because its April 1st is too much for me to even consider it as real news.

I completely agree that the price of Bitcoin has risen because of demand, but in no case as an implication of someone else's joke.

[BitHodler]

I think somewhere like Bloomberg reported the rather crappy April fool about the ETFs being real with a straight face. I've also seen claims Brits were responsible but the GBP market is nothing and the time to do it was 2016.

As long as mainstream media outlets don't know shit about what thrives the crypto market as a whole, we can be sure that the price won't miraculously pump to levels where your dollars will only buy you a few k worth of Satoshis.

These imbeciles have no clue about how professional the entities involved in this space are. You can't fool them. They fool you. By the time they realize how things work, they'll be buying Bitcoin at prices well over the $100k mark.

The worst part about news outlets is that they never correct themselves. If it was an April fools joke that got the price up, it would tank as hard as it went up, but they rather choose to bury it under a thick layer of other nonsense articles.

[pixie85]

Can anyone tell me among these Several crypto market analysts which one was able to predict the price with greater certainty? because until today I only see them joking to make predictions and all forecasts that they make are always wrong and just when the price goes up, they appear once more to look for the causes of the price increase and justify this:

I don't recall one single TA person predicting this move. Not the assholes who turn up on financial shows or the eggheads who hang out on Twitter and Trading view. I thought TA was shit already but that was the final one.

I think somewhere like Bloomberg reported the rather crappy April fool about the ETFs being real with a straight face. I've also seen claims Brits were responsible but the GBP market is nothing and the time to do it was 2016.

Because most of them have no idea what they're talking about. They take a few years of data and think it will repeat again. It's like finding a coin on the street one day and coming back the other day at the same time to look for another one.

The bears are the best at this. Like Tone Vays who predicted 1000 dollars and was drawing downward lines from 4000 and now when we broke 5000 he's drawing lines to 1000 from this new level.

[rodel caling]

So now "professional analysts" are linking April Fools' day for price increases? Isn't that the dumbest thing you can ever think of for a reason for price increases? First off Bitcoin even before the month of April started have been hinting a bull run since the first quarter of 2019. Signs including RSI being oversold and the Bearish MACD losing momentum aren't mentioned but them linking the price pump just just because its April 1st is too much for me to even consider it as real news.

I completely agree that the price of Bitcoin has risen because of demand, but in no case as an implication of someone else's joke.

Perfectly your right bitcoin as currency do not include it as joke, As bitcoin enthusiasm I still believe theres nothing can control of the price value in the market cap because of this april funny joke it's depends on the demand not because to ride in the joke.

[Taki]

I can believe in anything, but in the story of the guy who bought bitcoin's so much on the 1st of April that the price added almost 1000$, I cannot balieve. No sir.

[Hamphser]

I can believe in anything, but in the story of the guy who bought bitcoin's so much on the 1st of April that the price added almost 1000$, I cannot balieve. No sir.

Since no one do have the idea on whats the actual reason behind on such pump of bitcoins price then they might able to see that scenario that someone bought 20k and make it
as a new headline

No one actually knows on whats behind these price pumps but this is just a normal thing that price can surge out without our notice nor knowing on whats behind of it.

[gabbie2010]

I can believe in anything, but in the story of the guy who bought bitcoin's so much on the 1st of April that the price added almost 1000$, I cannot balieve. No sir.

Since no one do have the idea on whats the actual reason behind on such pump of bitcoins price then they might able to see that scenario that someone bought 20k and make it
as a new headline

No one actually knows on whats behind these price pumps but this is just a normal thing that price can surge out without our notice nor knowing on whats behind of it.

Personally I see the recent pump as demand and supply in action probably a whale had invested massively and bought a large chunk of bitcoin suptly which culminated to the recent increase in its price, else I haven't read any fundamental news that could triggers the move, however on a positive note this what every Crypto enthusiasts is yawning for pumping and I hope it is sustained with more investors gaining more confidence of the cryptocurrencies markets.

[hatshepsut93]

Can anyone tell me among these Several crypto market analysts which one was able to predict the price with greater certainty? because until today I only see them joking to make predictions and all forecasts that they make are always wrong and just when the price goes up, they appear once more to look for the causes of the price increase and justify this:

I don't recall one single TA person predicting this move. Not the assholes who turn up on financial shows or the eggheads who hang out on Twitter and Trading view. I thought TA was shit already but that was the final one.

I think somewhere like Bloomberg reported the rather crappy April fool about the ETFs being real with a straight face. I've also seen claims Brits were responsible but the GBP market is nothing and the time to do it was 2016.

Here a user from this forum actually predicted before the price jump that the price will soon go to either $5,000-5,600 or to $3,400 - https://bitcointalk.org/index.php?topic=5125728.0

He himself believed in the bearish scenario, but still his prediction was pretty good. Now, I don't know if TA actually works, or is it more of a self-fullfilling prophecy (especially if it's true that the market is dominated by bots), but either way it might be worth looking into it.

[webtricks]

Can anyone tell me among these Several crypto market analysts which one was able to predict the price with greater certainty? because until today I only see them joking to make predictions and all forecasts that they make are always wrong and just when the price goes up, they appear once more to look for the causes of the price increase and justify this:

I don't recall one single TA person predicting this move. Not the assholes who turn up on financial shows or the eggheads who hang out on Twitter and Trading view. I thought TA was shit already but that was the final one.  

I was done with this TA thing in crypto market long time ago. The market of few millions of traders controlled by few thousand of big shots and these experts predicting prices from charts, I mean seriously!
Cryptocurrencies are the vulnerable class of securities and could fluctuate by high degrees from some random news and FUDs. But people keep believing that these price predicting channels, self-made experts, price pump channels are some kind of future-viewers.
My crypto mantra is simple: Keep believing crypto, hold no matter what happens

Here a user from this forum actually predicted before the price jump that the price will soon go to either $5,000-5,600 or to $3,400 - https://bitcointalk.org/index.php?topic=5125728.0

He himself believed in the bearish scenario, but still his prediction was pretty good. Now, I don't know if TA actually works, or is it more of a self-fullfilling prophecy (especially if it's true that the market is dominated by bots), but either way it might be worth looking into it.

Wow! He predicted that Bitcoin will either go up or down! That's something next to impossible to predict!