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Author Topic: Next Reason For BTC Price To Goes Up  (Read 13535 times)
Pab
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April 10, 2019, 10:23:02 AM
 #21

It is also only a small amount of Stock exchange traders that has the knowledge to buy & sell bitcoins, most of them are traditional investors and old farts like Warren Buffet.  Wink

This is the reason I think that huge orders are one of the factors that pushes price up because the market gets quiet until after sometime you see a serious rally and price goes up. This time around, I hope the bull gets sustained.

Most of really good traders see that we are on critical level
By many of them if btc will pass 5260 K then bull run will begin
Anyway respond to China ban classic fud was really good

 
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April 10, 2019, 01:29:05 PM
 #22

There are many possible reasons why would price of bitcoin can go up, and maybe one of the most obvious is that that the accumulation process has ended (probably). If that is correct, whales are triggered recent price rise and reversed the sequence of events in their favor. This is something that is already known in history of bitcoin, and can be seen on the charts.

There are, of course, some other possible reasons, and they include next halving, Bakkt, bitcoin ETFs and some so-called experts who make their speculations on a daily basis for the purpose of self promotion.

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April 10, 2019, 02:00:42 PM
 #23

today the bitcoin has shown that it is a very good asset and new markets have opened after the acceptance of Bitcoin, and a question of time many altcoins will be in the market, once the bitcoin arrives at a high price and less accessible to people with little capital of investment!

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April 10, 2019, 03:47:17 PM
 #24

I believe price can go up when more people is investing on it.So, since BTC price is just 5.2K now comparing to last year It's very low now.So, intelligent investors will surely invest in bitcoin now for making profit.For this, I think the price can go up.Bitcoin was sustained for long time and now I think this is the perfect time to increase It's price.             
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April 10, 2019, 04:17:48 PM
 #25

I wonder if that mystery whale who made those large orders that some point out is the reason for the spike is privy to policies being cooked up in the White House. It's like someone really want it to go bullish again and willing to initiate it.

OK, I'll remove my tinfoil hat now.  Grin If this QE would make people more optimistic in putting money in non-traditional investments then good. Most of us here are poised to surf the wave anyway.


 
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April 10, 2019, 08:11:41 PM
 #26

Most of really good traders see that we are on critical level
By many of them if btc will pass 5260 K then bull run will begin
Anyway respond to China ban classic fud was really good
LOL, that’s funny. This is the same way they said that if the price should get pass $5,145 that there will be a bull run, now we are currently at $5,285 and you’re still talking about bull run coming when it gets a bit above. Okay, I do believe that bull run is coming, but all these analysts are just making noise, and they are always wrong with their analysis.

Just this little uptrend can cause the price to start to increase as a lot of people will continue to invest their money as to not miss out from the gain they will make from the uptrend. The market keeps moving up and has moved from yesterday’s $5,245 to $5,265. Some analysts has claimed we will see it reach $5,900 before this month ends.
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April 10, 2019, 09:23:34 PM
 #27

I am not entirely sure this will result with bitcoin price directly. I mean it is great that there are investors who are looking to invest once again after the bear run, this was a very quick recovery and nothing like 2008 which sounds amazing because otherwise would be very dangerous for the whole world. However just because the market recovered and there are people with money in their hands asking where to invest doesn't mean it will be directly to bitcoin, of course there will be some investments here thanks to this but its not going to be a huge huge number.

Even if we could get the 10% of this excess money the price would skyrocket like hell to 50k! so consider the fact that bankers would like to put that type of amount into something more stable and not something so volatile as well. Could it happen? Maybe. Is it certain? No.
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April 10, 2019, 10:00:36 PM
 #28

There are, of course, some other possible reasons, and they include next halving, Bakkt, bitcoin ETFs and some so-called experts who make their speculations on a daily basis for the purpose of self promotion.
I'm leaning obviously with halving but not anymore with Bakkt's and other bitcoin etf proposals. SEC keeps on delaying those proposals and I can't say on what they really want, are they adding flavor and salt to make it more exciting for the community or they really don't have plans to approve any of them.

Those experts who keeps on predicting a good price for bitcoin really wants to get their names called out for each article that can add reputation and promotion for them. But like any other predictions of 2018, I haven't seen any of them successfully predicted the market, at least few some from the past.

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April 10, 2019, 10:39:24 PM
 #29

We can see an increase and give the market more enthusiasm, the possibility that the old investor will be active and play every period, this makes the crypto season green again. The news seems normal and there is no thing that can give a full surprise. In the market, these investors are returning to the spirit to continue to get profit
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April 11, 2019, 01:50:20 AM
 #30

There are, of course, some other possible reasons, and they include next halving, Bakkt, bitcoin ETFs and some so-called experts who make their speculations on a daily basis for the purpose of self promotion.
I'm leaning obviously with halving but not anymore with Bakkt's and other bitcoin etf proposals. SEC keeps on delaying those proposals and I can't say on what they really want, are they adding flavor and salt to make it more exciting for the community or they really don't have plans to approve any of them.

Those experts who keeps on predicting a good price for bitcoin really wants to get their names called out for each article that can add reputation and promotion for them. But like any other predictions of 2018, I haven't seen any of them successfully predicted the market, at least few some from the past.
right, at that time there were many who predicted that at the end of the year prices would rise, but in reality it was different, in fact bitcoin was like in the valley, I should hope that good news happened, and our hopes were fulfilled
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April 11, 2019, 02:41:51 AM
 #31

Bitcoin will back to higher again maybe after the end of all bad news about bitcoin and altcoin, we need about two months later for seeing bitcoin could raised above $20,000 and keep holding your bitcoin for every moment.
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April 11, 2019, 02:44:11 AM
 #32

There are, of course, some other possible reasons, and they include next halving, Bakkt, bitcoin ETFs and some so-called experts who make their speculations on a daily basis for the purpose of self promotion.
I'm leaning obviously with halving but not anymore with Bakkt's and other bitcoin etf proposals. SEC keeps on delaying those proposals and I can't say on what they really want, are they adding flavor and salt to make it more exciting for the community or they really don't have plans to approve any of them.

Those experts who keeps on predicting a good price for bitcoin really wants to get their names called out for each article that can add reputation and promotion for them. But like any other predictions of 2018, I haven't seen any of them successfully predicted the market, at least few some from the past.
right, at that time there were many who predicted that at the end of the year prices would rise, but in reality it was different, in fact bitcoin was like in the valley, I should hope that good news happened, and our hopes were fulfilled
we only can make prediction that could happen or not.market moved very dinamic in every second , suddenly rise and drop alot.but we have to keep our optimism till market recovered to all time high.

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April 11, 2019, 02:48:04 AM
 #33

I wonder if that mystery whale who made those large orders that some point out is the reason for the spike is privy to policies being cooked up in the White House. It's like someone really want it to go bullish again and willing to initiate it.

OK, I'll remove my tinfoil hat now.  Grin If this QE would make people more optimistic in putting money in non-traditional investments then good. Most of us here are poised to surf the wave anyway.



For this time of seeking a good reason for the price to go upward trend, I guess many good factors had been mentioned here. More coming demands is one of the best factors in order to achieve a possible price growth as well. Furthermore, if there's another best thing to make that faster I think ETF approval is next one to help the price quickly arise as soon as possible. Many people thought that this would contribute to Bitcoin's development, and when this turned out successful we will be able to reach another price pumps towards higher value.
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April 11, 2019, 02:53:31 AM
 #34

And Fidelity report showing interesting in crypto from various institutional investors

if memory does not fail me, last year we heard the same story: "institutional investors have been interested in entering the crypto market". But I did not see any of this happening and I did not see the price increase... I believe that with the news of the CBOE

CBOE Will Not List Bitcoin Futures in March, Cites Need to Assess Crypto Derivatives

people became more optimistic they started buying bitcoins.

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April 11, 2019, 03:40:31 AM
 #35

And Fidelity report showing interesting in crypto from various institutional investors

if memory does not fail me, last year we heard the same story: "institutional investors have been interested in entering the crypto market". But I did not see any of this happening and I did not see the price increase... I believe that with the news of the CBOE

CBOE Will Not List Bitcoin Futures in March, Cites Need to Assess Crypto Derivatives

people became more optimistic they started buying bitcoins.

Perhaps this is due to them meddling with OTC markets? For sure, the institutional investors have long considered buying bitcoin and other cryptocurrencies even before the boom of 2017, and have taken precautionary measures to not disturb the market while everyone thinks we're just heading for the bottom of the pit. If you believe that institutional money is not yet here in the cryptospace, you might have a limited view of how things work for these hungry-for-money lads. They'd do everything to get the maximum profit possible without everyone else knowing, and so the slip down to $3000 levels was intentional and all these guys did was to accumulate while they can.

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alonelyorange
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April 11, 2019, 03:49:13 AM
 #36

Bitcoin have chance to higher price and always keep higher by many investor always invest their money in bitcoin and altcoin, just wait and see when bitcoin is growing up and keep higher price next moment.
Rajamuda
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April 11, 2019, 04:24:24 AM
 #37

Here the point is the number of users and enthusiasts is increasing, anyhow the price movement, of course it is very easily influenced by the interest of many people in Bitcoin. Moreover, the advantages of bitcoin are increasingly highlighted because there are so many benefits for economic life or improving the finances of everyone who wants to be close with Bitcoin/crypto.
And when the state recognizes the existence of bitcoin or supports the existence of bitcoin, I think the longer it will be increasingly followed by other countries related to helping or advancing the economic life of its people.
Lucius
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April 11, 2019, 09:26:40 AM
 #38

I'm leaning obviously with halving but not anymore with Bakkt's and other bitcoin etf proposals. SEC keeps on delaying those proposals and I can't say on what they really want, are they adding flavor and salt to make it more exciting for the community or they really don't have plans to approve any of them.

Those experts who keeps on predicting a good price for bitcoin really wants to get their names called out for each article that can add reputation and promotion for them. But like any other predictions of 2018, I haven't seen any of them successfully predicted the market, at least few some from the past.

The fact is that halving 2020 will not have any delay, and this is something that most expected as the possible beginning of a new upswing. Although Bakkt launch is only a matter of time, its real impact on crypto still can not be defined as something very positive or just another step in adaptation of cryptocurrency. Their vision is to provide institutions and people to use crypto in a simpler and safer way. Regarding SEC and ETF, it is just a process that will probably take another few years, but will eventually result in a final approval.

Over the past few years, it has been shown that some experts have no idea about crypto when they make their statements, but some others give long-term predictions which have come to fruition, whether they only have luck or have knowledge and nose for the job the time will show.

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April 11, 2019, 02:16:02 PM
 #39

I am searching for the next reason on the area of blockchain and lately, the blockchain is becoming even more important with gambling. I see it is been adopted rapidly and where blockchain is important, bitcoin too gets some hype.

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herurist
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April 11, 2019, 03:17:40 PM
 #40

Bitcoin will back to higher again maybe after the end of all bad news about bitcoin and altcoin, we need about two months later for seeing bitcoin could raised above $20,000 and keep holding your bitcoin for every moment.

With two months of bitcoin rising to $ 20,000 it is not possible that it will take a long time too, now prices are down so you can buy bitcoin at a low price and sell at the expected price.

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