Bitcoin rises very fast!

[MarcusGates]

Bitcoin bottomed in December 2018. Price then was $3100. 4 months later, it's double that.

You can expect moon soon.

[1715010777]

1715010777

[Erickan]

There is no official information that can explain the price of bitcoin which has been continuously increasing in the past few days. I still stand outside and continue to watch bitcoin's moves in the next few days, I don't rush to participate at the moment. everything with me is still unclear to conclude that we have a bull market.

[Kakmakr]

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 think we are seeing more financial institutions exposing institutional investors to Crypto currency investments now. <Fidelity> This is pushing more and more professional traders into Bitcoin and higher amounts of money are invested into Bitcoin now. <Indirect investment is also being done by people who are hedging their Bitcoin Futures investments.>

I am just going to hoard my coins until we pass the previous all time high again and then I am going to take a little bit of profit again and rinse and repeat that strategy until I can retire filthy rich.  

[MarcusGates]

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 think we are seeing more financial institutions exposing institutional investors to Crypto currency investments now. <Fidelity> This is pushing more and more professional traders into Bitcoin and higher amounts of money are invested into Bitcoin now. <Indirect investment is also being done by people who are hedging their Bitcoin Futures investments.>

I am just going to hoard my coins until we pass the previous all time high again and then I am going to take a little bit of profit again and rinse and repeat that strategy until I can retire filthy rich.  

It never happens the same way twice. Something will have to be a catalyst for the bullrun. ICO's were the cause of 2017. bullrun.
The next once could be caused by something else.

[Gaff]

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.

Negative news cannot pull down the price because of huge potential of bitcoin to rise further. More traders now were looking forward to see great price become more possible to happen randomly. More investors will be much interested to hold bitcoin rather than letting it go at glance, that's why we seem to see fast rising price nowadays.

[dmty.0809]

This is the time that many investors are waiting for, where the price of bitcoin has increased considerably. I'm sure bitcoin can touch at $ 9,000.

[2double0]

The first thing when it all started - speculation.
Then came trust - a very strong bond between the users of Bitcoins and the technology during the few years period.
Then finally comes the money that everyone has put based on the combination of speculation, trust and a lot of adoption going on.

[traderethereum]

That will be good to see bitcoin rises very fast especially with what we see this day.
The price moves to the higher price now, and it stays at $6000, but there is a chance to see it is down for a moment before it could increase again.
No need to worry if the price is down because the price will increase again and just hold tight your bitcoin and buy more bitcoin if you want.
We hope that bitcoin price can break the barrier and goes to $6500 soon so in the next week, the price can move to the higher price or even it will break $7000

[izanagi narukami]

Since bitcoin is full of unpredictable things, you can hope them much as your future investment. Not daily Investment !

Rise very fast is objective for each people.
4 years, bitcoin reach more than 500% increment, it still consider fast compare other well known investment although the process takes time !

[FauxHammer]

I really can't believe it's over 6k right now o_O

[Fundalini]

Price increase for a short period of time is not healthy for long term adoption. This will cause people to think the bull run is happening again and many new investors would be drawn into the hype again then get burned when people start taking profit from the pump.

[worle1bm]

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..

Yes the market is again witnessing pump and graphs are turning green but still this is not the actual pump as it sudden slow rise.So wait for the actual pump to come and hodl your coins until that period.

[khimer_rangers]

I don't know why prices have risen so fast, but I think that can change anytime or more dangerous, and I hope the market continues to grow gradually, but this is a time that many people are waiting for if conditions like this I think bitcoin can reach $ 7,000 in the next few months

[Skrattar Du]

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.

Indeed. Due to all the negativities we are always hearing everyday, it seems we are already immune into it which makes us not to bother or ignore those negative thoughts and just focus into the brighter side of the scenario. Now that we are seeing the slowly but surely rising on the price of Bitcoin, we can totally say that patience is a real virtue because the long time of waiting has been all worth it and for now, let us just seize the moment and wait until such time the rise of Bitcoin opens up many opportunities to all of us who keeps on believing into it despite of all that happens.

[raven7886]

Now that the market is really becoming green for miners who has long been waiting for this green zone to start reaping the fruit of their patience is when china chose to ban their miners from mining, it is unfortunate that china miners may not get the chance to enjoy this Bullish market we are gradually heading towards.

The market is really getting green now and I think bitcoin price will continue to grow steadily till we enter a full bullish market, this act of banning china miners may even lead us to see the ATH as quick as possible, since we may have very limited crypto supply now. Rise of bitcoin prices very fast will be a good thing and we must enjoy and should  buy more bitcoins to make sure that we will be having a better future due to these rises.

[Adriano2010]

Bitcoin will continue grow in my opinion and the price can hit until the end of year at least 20000$ but always don't invest more than afford to lose because can take time to get a profit if buy on high.

[stfN2128]

Bitcoin is performing really well. Not sure how long it will hold on, just hoping the best. For sure, the price increase is not builded by icos and other shit. Fundamentals and adoption are much better than 2 years ago. Everything is possible at the moment. Fingers crossed that this fomo hold on 

[TopT3ns]

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..

Honestly, i am regret because i already sold my little amount of bitcoin less than price now. Don't know what exactly in USD but 20% less than this current price. And now inot do anything except wait to earn money again.

[klaaas]

Where spectators didnt belief climbs like the last few days where possible anymore they are witnessing it now and want to join the bitcoin ride. The bar to not join will be lower and lower when they see the daily rates. 

[peter0425]

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..

Honestly, i am regret because i already sold my little amount of bitcoin less than price now. Don't know what exactly in USD but 20% less than this current price. And now inot do anything except wait to earn money again.

That is ok to sell, I guess you make some money already. Wait for some retracement and see if you can afford to buy. It doesn't need to be like 1 bitcoin. Just small portion will do and accumulate as much as you can and then just hold into it. That's why those early bagholders did in the days so just be patience and purchase when there is an opportunity again.