Bitcoin rises very fast!

[indoagung88]

According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..

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[Dingdongjl]

For me its not that fast compare to how fast it go up before it reach its ATH at almost $20k, I dont really know the reason what is the cause of this price increase on crypto right now and I also dont care Because Im not relying on every news because I dont really care about the current price right now wether it go up or down I will not sell my part even its just a little because I trust it.

[Haunebu]

Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.

[xvids]

Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.

Yeah, It seem's like the FUD didn't get into the Bitcoin investors this time.
Maybe we are just immune to those negative news and didn't really care too much right now .
Most of us are now watching as the price continue to slowly climb up.

[Ibizugbe1]

Bitcoin continues to lead the market dominance with a higher percentage than we formerly have it's currently 58.0% according to the data from the popular coinmarketcap. This shows the level of trust people have on the bitcoin than any other coin in market. This will continue until the bitcoin upward movement stabilizes, after which we can have a fresh breath for altcoins.

[dothebeats]

FOMO paired with market manipulation and hype from different people. It wouldn't be possible to rise this fast if April 1st didn't happen, as it was the primary driver of all things bullish right now. Most moolah is also pouring in from altcoins to bitcoin at a crazy rate, as evidenced by lousy trading volumes for the altcoin market. Right now, it's just people afraid to miss out an opportunity to make some handsome profits, but it could always be more than that and we will never know.

[Ailmand]

Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.

Maybe it's because of positive news coming out about crypto recently, cryptocurrency/blockchain tech being adapted and tested by some financial institutions, cryptocurrency development, and a lot more caused the steady growth of the market. I agree that even with the FUD and recent attack on binance and tether issue did not even affect the market with a big impact.

The growth of bitcoin is not as fast as compared to the recent bull-market, but the current growth of bitcoin is more realistic and I think it more sustainable compared when it rises in a fast-pace.

[Broly46]

That's very good, I got a lot of profit from the pump, but with price of bitcoin going too high, I will need more money to collect more bitcoin, what do you think the best way to get more btc besides buying it?

[Astvile]

Bitcoin rising at this rate is still slower compared to what happen last bull run,what will i do? just sit back and relax take some coffee watch some movies be back on bitcoin and convert all my holdings easy as that.Bitcoin is now going strong and i feel the bull run already im hoping it will come soon

[Beerwizzard]

It doesn't seem like there is some clear analysis of current situation but IMHO everything bad that could happen with crypto market already happened during the past year and at the same time crypto envioronment became better and all crypto related services either closed or increased the quality of their service. So current picture only shows us that it is time to see some green market now.

[Oasisman]

Basically, Bitcoin's price depends on the purchasing situation of the people who invested in cryptocurrency.
But before the purchasing takes place, there must be a good news that encourages huge investors to put back their money in Bitcoin, plus the people FOMOing during the price starts to climb consistently.

[bitbunnny]

It's obviously more investors present on the market and demand is bigger but I would be very careful with fast price rise. This can often turn the other way around. Although now the price is not so sudden and not even continuous, some smaller corrections are happening all the time. Anyway, I prefere more steady, slower rise than instant pump.

[gilangIDR]

According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..

I was surprised when I saw the change in the price of Bitcoin. Prices are changing rapidly in the past few days. Now I'm thinking of investing more in Bitcoin. I am sure that there will be an increase again so that it can make me reach a large profit margin. Support from users to increasingly use Bitcoin is the reason, Bitcoin is now increasingly valuable and is increasingly in demand by more people.

[Kemarit]

Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.

Yes, this could be one reason why the sudden pump we witnessed in the last 24 hours. So everyone jump on the bandwagon again, specially those who have left long time ago when the price goes down. And then there are smart investors who constantly shift their funds around. As you would noticed the dominance of Bitcoin has jumped as well. I guess when we are in the bullish sentiments no one can stop this hype train, not even news of a hack of one of the top exchanges right now.

[Artemis3]

According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..

Its starting to smell like bull run to me, but i guess this enters the realm of speculation. I hope it stops climbing so we can enjoy the higher prices longer, just saying.

[CryptoBry]

According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..

In my own simple opinion, the reason Bitcoin is continually rising is because the market is expecting it to rise. This is becoming like a self-fulfilling prophecy. The market is now very positive about Bitcoin and this is shown by its rise...the demand is getting bigger for now so this is the energy that pushes it to go up. I am not seeing good developments on the horizon that can be catalyst for this movement and in fact we have the Binance hack lately but it did not deter Bitcoin from going green. Now, the next can be: Will there be some corrections soon?

[agatha90]

I am happy to see this good news, the market is getting better for bitcoin. I sell some of my assets, because I am sure that one day prices will fall again. To anticipate I leave money to buy some bitcoin.

[Genemind]

I think it's because of the high demand these days.
Investors see a good future out of the increase so they're buying to accumulate more believing that the market would rise higher. Sometimes, our belief changes the market situation. The price increase is also increasing the hopes of investors that the bull run is approaching.

[kryptqnick]

According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..

I am very glad to see Bitcoin successfully overcoming the $6k barrier. It seems clear that since the beginning of April the market is experiencing some serious positive movement, marking the end of the bearish market. However, let's not forget how it's been stuck between 6 and 7 thousand for months before. It's early to say how much time it will take to move forward from this diapason. I think we should patiently let Bitcoin take its time on this one. Fast bullish movement is not a good thing.

[Lumi3004]

Yes, in recent days bitcoin has increased.
I hope that this year Bitcoin can continue to rise to the level of $ 15,000, at least, since entering this year there has been an increase in bitcoin, I think there are now many investors who are looking at crypto now.